US inflation cooled in Q2 as did economic growth, opening the door to a rate cut later this year. US yields have likely peaked, leaving the dollar vulnerable to a dovish repricing

Aussie dollar closed out Q2 on a positive note, supported by a hotter inflation profile. AUD/USD approaches well-defined tripwire for a bullish continuation, AUD/JPY reveals risk of bullish fatigue

The latest Core PCE data met market estimates across all readings leaving the US dollar rudderless going into the weekend.

​​​Outlook on FTSE 100, DAX 40 and CAC 40 as markets gear up for US personal consumption expenditures (PCE) and the first round of France’s legislative elections.

IG client sentiment shows who is going long or short and how that information can affect price action

The US dollar slipped lower today after data showed a slight softening of demand in the US economy.

​​Early trading has seen indices stabilise, with losses on the Dow and Nasdaq 100 halted for now, while the Nikkei 225 is aiming to continue the strong gains seen earlier in the week.​

The Australian dollar has been one of the standouts in the FX space for a couple of weeks now, propped up by rising inflation and higher inflation expectations

The first round of the French legislative election will take place this weekend with Marine Le Pen’s National Rally party (RN) currently leading the polls.

Japan’s top currency official stepped up rhetoric around the undesirable decline of the yen, but markets don’t quite buy it. However, USD/JPY remains fraught with risk

FTSE, DAX and CAC 40 resume their ascents in what has been a quiet week with US PCE data still to come on Friday

May CPI indicator exceeds estimates, increasing chances of another RBA rate hike. Explore the implications for AUD with a closer look at AUD/NZD

May sees surprise uptick in Canadian inflation as 12-month CPI rises to 2.9%. USD/CAD lifts and the CAD/CHF bullish reversal extends

Most indices continue to make gains, but the Nasdaq 100 is still cooling off after its surge to 20,000.

Nvidia’s brief reign as the world’s largest company has come to an abrupt end as sellers wipe off around $500 billion of market value in just three trading days

Le Pen's National Rally tops French polls. Discover how this political shift might affect the euro, bond markets in the lead up to Sunday’s first round of elections

The Fed's preferred measure of inflation and uncertainty around French elections are likely to drive markets as we close out the second quarter.

The bull trend in US equities is undeniable, but questions are being asked about the longevity of the rally as stocks now that fewer stocks are taking part in the ascent

​​​Outlook on FTSE 100, DAX 40 and CAC 40 amid quiet start to the week.

The renewed yen depreciation led USD/JPY perilously close to the 160 mark after BoJ minutes mentioned the effect of currency weakness on a potential inflation overshoot

The Nasdaq and S&P 500 continue to print new all-time highs, the US dollar is benefitting from weakness in the Euro and the British Pound, while the recovery in gold continues.

Outlook on FTSE 100, DAX 40 as the S&P 500 continues to trade in all-time highs

Sterling continues to slip lower going into the weekend as UK bond yields post fresh multi-week lows.

Japanese CPI data shows mixed results as yen continues to decline despite rising JGB yields. USD/JPY approaches 160, raising intervention concerns

The yen continues its steady decline, approaching levels that triggered intervention in April. AUD/JPY and USD/JPY climb as bond yields offer no support

​​The Dow is edging up and the Nasdaq 100 is at a new high, while in Asia the Hang Seng may have created a higher low. ​

The Bank of England (BoE) left interest rates unchanged today as expected, despite headline CPI falling back to target.

The Swiss National Bank voted to lower its policy rate, following on from March’s surprise cut. Inflation is expected to remain well below the 2% target, stabilising at 1%

Today’s US inflation data for May and the latest FOMC policy decision, including the quarterly Summary of Economic Projections, will be the drivers of market price action over the coming weeks.

Risk markets are on the backfoot as US trading starts, with European indices continuing this week’s move lower. Gold has stabilized and is using chart support to push higher.