The data showed a higher-than-expected number of jobless claims in the UK. Average weekly earnings in the UK minus bonuses rose by 5.7%. The pound is up about 2.1% in…

There was an unexpected jump in employment in Australia in June. Investors have increased the likelihood of an RBA rate hike in August from 12% to 20%. Investors are fully…

Inflation in the UK remained at an annual rate of 2% in June. Services inflation in the UK reached 5.7%. US sales were unchanged in June, better than economists' expectations…

The US consumer inflation report surprised to the downside. US retail sales beat forecasts by 0.0%. Price pressures in Canada decreased from 2.9% to 2.7% in June. The USD/CAD forecast…

A Bank of Canada survey showed increased expectations for lower inflation. Investors increased the odds of a July BoC rate cut from 77% to 80%. In June, economists expect inflation…

Powell noted that recent inflation data has increased confidence that price pressures are easing. Markets are fully pricing in a Fed rate cut in September. Investors are gearing up for…

The dollar rallied briefly on Monday after the assassination attempt on Trump. US inflation unexpectedly fell for the first time in June. Data on Friday revealed that inflation expectations rose…

The UK economy grew faster than expected in May. The BoE's Swati Dhingra urged the central bank to start reducing borrowing costs. The probability of a Fed rate cut in…

Fed Chairman Powell said policymakers need more confidence that inflation is falling. Inflation in the US fell in June for the first time in four years. Investors have increased the…

Powell noted that inflation is on a downward trend. US consumer inflation data showed a larger-than-expected reduction in price pressures. US wholesale inflation data came in higher than expected. The…