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Friday, May 9, 2025

European Markets Wrap-Up: Is this the playbook for US trading later before the weekend?

Is this the playbook for US trading later before the weekend?

The US-UK trade deal agreement stole the spotlight yesterday but it hardly was what led Wall Street to rally. The framework for the deal lacked meaningful details but is at least a step in the right d... 

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Fed's Kugler: The US labour market is stable, close to maximum employment

The US labour market is stable, close to maximum employment. Past two recoveries suggest 3.5% unemployment sustainable. She delivered a very comprehensive speech on the topic of "Assessing Maximum Emp... 

Fed's Barr: We need to be in a wait and see approach

Fair to say that uncertainty around tariffs have raised risks to higher inflation, lower growth Growth has been strong over the last year and remains so today This just continues from his earlier rema... 

Fed's Barkin: Tariffs to lead to higher inflation and lower growth in US and abroad

Tariffs to lead to higher inflation and lower growth in US and abroad. Trump tariffs are without modern precedent. Given economic strength, monetayr policy is in a good position. I'm concerned that ta... 

Fed's Barr: Monetary policy is in a good position to adjust as conditions unfold

Economic outlook clouded by trade politics that have increased uncertainty Tariffs to lead to higher US inflation, lower growth starting later this year Fed may be in a difficult position if both infl... 

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Latest Forex Orders

FX option expiries for 9 May 10am New York cut

There are a couple to take note of on the day, as highlighted in bold . The first one is for EUR/USD at the 1.1200 mark. Amid a firmer dollar, the expiries here could help to act as a bit of a floor f... 

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