The US dollar is trading at levels last seen eight months ago as traders wait for Fed chair Jerome Powell’s Jackson Hole speech later this week.

​​​FTSE 100, DAX 40 and S&P 500 advances pause ​following last week’s strong gains.​

​​​What to look out for regarding Nvidia's Q2 earnings result on 28 August 2024.​​

Gold has attempted to break into brand new territory but has fallen short on multiple occasions as $2,500 remains constructive. Bearish silver move remains intact

​​​FTSE 100, DAX 40 and S&P 500 extend rallies amid entrenched rate cut expectations.​​

Gold continues to test, and reject, its previous all-time high at $2,485/oz. and a break higher is being pared by a strong US retail sales report

Indices are still recovering some of their recent losses, with the Dow back above 40,000 and the Nikkei 225 now back to its 2 August opening level.

UK growth has been trending in the right direction even before the Bank of England voted to lower rates earlier this month. GBP/USD partially recovers from the July selloff

The disinflationary process continues to make minor gains in the US as inflation data for July printed as expected for most measures. Dollar and treasuries rose, SPX futures oscillated

This week’s recovery rally in FTSE 100, DAX 40 and S&P 500 may soon lose upside momentum as indices approach technical resistance

UK headline inflation rose from 2% in June to 2.2% in July, mainly driven by prices of gas and electricity falling by less than last year, according to the Office for National Statistics.

The ZEW economic outlook turned sharply lower in August with economic expectations declining at their fastest rate in two years.

More gains have been seen for global stock markets, which are continuing to claw back their recent losses

In June the UK Unemployment rate dropped, defying expectations while average earnings remained steady. However, July’s sharp rise in unemployment claims raises concern

E-commerce giant Alibaba will report on 15 August, and weaker performance is expected due to growing competition and a slowing Chinese economy.

After recouping some of their recent losses last week, indices are looking for further gains.

Bank of England policymaker Catherine Mann warned this weekend that the central bank’s battle with inflation continues, underpinning Sterling’s recent uplift.

Bitcoin has rallied sharply off Monday’s spike low but further gains are currently capped by a pair of simple moving averages.

There has been a further recovery from the lows of the week for global stock markets, though there is still the possibility of further declines.

The RBA maintained a slight hawkish bias on Tuesday, holding interest rates despite rising unemployment and signs pointing to subdued growth in Q2. Focus on stubborn CPI

While the Dax is making strong progress early on, US indices are subdued after reversing course on Wednesday.

The Bank of Japan is expected to leave interest rates untouched at the next two policy meetings despite and future policy needs to be ‘conducted carefully’ according to the BoJ

While the FTSE 100 and Nikkei 225 are making strides higher, the S&P 500 is struggling to continue its rebound.

The recent USD/JPY sell-off found short-term support after BoJ Deputy Governor Uchida downplayed another rate hike during volatile market conditions

The unravelling of the carry trade has amplified USD/JPY selling while markets look to AUD/JPY as a helpful gauge of risk sentiment

Indices have rebounded from their overnight lows, but can the momentum be sustained?