US PCE Data Beats Expectations - Price Pressures Delay Rate Cut Plans

Year-on year US PCE data followed on from yesterday’s quarterly surprises to give the FOMC something to think about when they meet next week to set interest rates

Japanese Yen Slumps to Fresh Multi-Decade Lows, USD/JPY Eyes US PCE Report

The Japanese Yen continued to fall to new multi-decade lows against a range of currencies after the BoJ left monetary policy unchanged. Weaker-than-expected Tokyo inflation the driver of the latest move.

Gold, Silver Price Outlook: Precious Metals Seek Directional Cue

Gold and silver have pulled back from their respective highs, looking for the next catalyst. With risk sentiment improving, precious metals may find support from a softer USD

Crude Oil Prices Retrace Some Losses Despite US Demand Doubts

US crude inventories fell, but much of this was down to oil exports rather than strong local demand.

US Q1 GDP Misses Forecasts, PCE Beats Estimates, US Dollar Moves Higher

The US economy expanded by 1.6% q/q in the first three months of the year, missing estimates of 2.5% and down from 3.4% in Q4 2023. US dollar firms after PCE figures nudge higher.