Forex news

US inflation is expected to have risen slightly in May but the data could be distorted by tariffs

European stocks move higher on Friday as the Eurozone GDP for Q1 is revised higher, as predicted by ECB President Lagarde

The ECB lowers rates by 25bps and Lagarde hints at a possible pause in July

The DAX 40 takes advantage of improved market sentiment to attempt another go at its all-time high

Gold attempts to move higher as risk sentiment stalls but the bullish drive is lacking a clear catalyst

The Q1 2025 earnings season for the Magnificent Seven—Apple, Microsoft, Nvidia, Amazon, Alphabet, Meta Platforms, and Tesla—revealed a shared strategic emphasis on artificial intelligence, infrastructure investment, supply chain resilience, and capital discipline.

Markets wrapped up May on a cautious note, with risk appetite faltering as volatility returned to equities and a heavy macro calendar looms.

As we enter a pivotal week for US macroeconomic data, all eyes turn to Friday’s release of the May Non-Farm Payrolls (NFP) report.

Oil price bounces back on Monday despite OPEC+ announcing supply increase

The ECB meeting in June will be key to determine the trajectory of monetary policy for the second half of 2025