Economies

Read the daily market update as the European session is about to get underway, to get some of the latest developments, main market moves and upcoming events

The pair started the day with losses, following Monday’s hawkishness by the Fed Chair, but finds support at the start of the European session

Read the daily market update as the European session is about to get underway, to get some of the latest developments, main market moves and upcoming events

Read the daily market update as the European session gets underway, to get some of the latest developments, main market moves and upcoming events

Global energy markets remain uncertain, with geopolitics still escalating. Talks between Russia and Ukraine have little to show so far.

In today's "Morning Market Review," we discuss the uncertain sentiment in the commodity space, with specific references to oil and gold. Furthermore, we consider that rates of returns are in flux and what this might mean for risk markets. Finally, we analyse the GER30 and USDOLLAR weekly and daily charts.

Introduction The Fed began its hiking cycle yesterday by raising the fed funds rate by 25bps. Moreover, they forecast another six rates for 2022. The dot plot confirms the aggressive expectations of hikes: Source:Summary of Economic Projections - March 16, 2022 The median forecasts to 2024 are as follows: - 2022 – 1.9% - 2023/2024 – 2.9% (peak) - Longer-term – Moderation An argument is that the Fed has been…

The Federal Reserve hiked rates for the first time since 2018 on Wednesday, sending the pair to new highs, as the policy differential between the central bank of US and Japan favors the greenback

Read the daily market update as the European session gets underway, to get some of the latest developments, main market moves and upcoming events

The International Energy Agency released it monthly report earlier today and sees a threat from the prospect of disruptions in Russian oil, while USOIL pauses its two-day slump

In today's "Morning Market Review," gold has dropped markedly so far this week. Capital looks to be rotating back into the risk markets as participants shop for bargains. The oil market has resistance above but also has ambiguous tidings to it.