Markets Weekly Outlook – US PCE, Japanese Inflation & Tariffs in Focus

US equity markets experienced a slight downturn due to concerns about inflation impacting consumer spending, highlighted by Walmart’s cautious outlook. The upcoming US PCE data is crucial as the Fed’s preferred inflation measure. Japanese inflation data will also be key this week as markets eye the Bank of Japans next move. German elections take place […]

Canadian dollar eyes retail sales

The Canadian dollar is showing small losses on Friday. USD/CAD is trading at 1.4196 in the European session, up 0.14%. On Thursday, the Canadian dollar took advantage of broad US dollar weakness and gained 0.45%. Canada’s retail sales expected to jump Will the week end on a high note?  Canada releases retail sales for December […]

UK retail sales jump, British pound steady

The British pound has steadied on Friday against the US Dollar after climbing 0.6% a day earlier.  GBP/USD is trading at 1.2655 in the European session, down 0.1% on the day. UK retail sales jump 1.7% UK retail sales sparkled in January, climbing 1.7% m/m.  The reading crushed the market estimate of 0.3% and bounced […]

Bitcoin (BTC/USD) Holds Above $95k but Faces Significant Resistance Ahead

Bitcoin (BTC/USD) is holding above $95k but facing significant resistance. While spot Bitcoin ETFs have attracted substantial investments, there have been recent net outflows, and on-chain data suggests a cooling down in speculative appetite. Strategy’s potential Bitcoin purchase, following a $2 billion fundraising, could be a catalyst for a future bull run. Most Read: Brent […]

Aussie hits 2025 high on strong jobs data

The Australian dollar has posted strong gains on Thursday.  In the European session, AUD/USD is trading at 0.6377, up 0.55% on the day. Australia’s job growth beats forecast Australia’s labor market continues to shine.  The economy created 44 thousand jobs in January, blowing past the market estimate of 20 thousand.  This followed an upwardly revised […]