Economic news

FOMC Preview May 2025

The US economy shrinks in the first quarter of 2025 as a result of Trump's aggressive trade strategy

Global markets experienced another tumultuous week as sentiment continued to swing between optimism and fear, driven largely by the Trump administration’s evolving trade policies.

US economic growth appears to have stalled sharply heading into the first quarter of 2025.

Australia’s quarterly inflation figures, due on Wednesday the 30th of April, 2024 are poised to reinforce the view that the Reserve Bank of Australia (RBA) is moving closer to meeting its inflation mandate – and, critically, may soon have the green light to begin cutting interest rates.

US stocks bounce higher on Wednesday as Trump denies attempting to fire Powell whilst closing the gap with China

GBP/USD moves back above 1.32 as softer CPI inflation allows for a greater chance that the BOE will cut rates, improving sentiment further.

Markets expect the ECB to cut rates by 25bps as tariffs weigh on the growth outlook

Markets rally after Trump announces tech tariff exceptions, easing fears of 145% rates. However, USD slides to multi-year lows amid economic and policy concerns.

Heightened market volatility causes US treasury yields to soar, pushing USD/JPY higher