Market trading news and analysis

Markets are reacting with a US Dollar surge and a potential trend reversal, highlighting the impact of robust economic activity outside of monetary policy influences.

Kyle Rodda, Senior Market Analyst at Capital.com, previews the US Non-Farm Payrolls report for September. The article discusses market expectations of a stable labor market with 150,000 new jobs, an unchanged unemployment rate of 4.2%, and steady annual wage growth at 3.8%. It also highlights potential rate cuts by the Federal Reserve, revisions to past payroll data, and the reaction of various markets such as the US Dollar, S&P 500, and gold.

Further Chinese stimulus sees European luxury stocks push higher whilst gold continues to reach new highs

GBP/USD remains bullish despite attempted pullback on Wednesday

Stimulus in China boosts sentiment in global markets.

Oil prices regain some bullish momentum as geopolitical tensions persist.

RBA Governor Michelle Bullock emphasizes inflation challenges for Australia's economy, citing supply shocks and demand-supply imbalances. Discover insights on CPI trends, interest rates, and the central bank's strategy for managing price pressures in 2024.

Hawkish comments from Governor Bailey see the pound surge higher

The BoE is forecasted to leave rates unchanged in September as UK CPI remains stubborn.

Discover the US Federal Reserve’s latest 50 basis point cut and how the markets reacted. Stocks surged, the US Dollar fell, and the Fed hints at more aggressive cuts ahead.