Crude oil has fallen sharply this week, with the banking crisis and excess supply pushing WTI to levels last tested in December 2021. Read More

EUR/USD plunged on Wednesday on risk-off sentiment as the U.S. banking sector turmoil spread to Europe, calling into question the ECB’s ability to hike rates aggressively tomorrow. Read More

The Australian dollar is trading in the green for what could be its 3rd consecutive positive close ahead of some key US economic data. AUD/USD testing 0.67 once more. Read More

The ECB is set to hike rates by 50 basis points on Thursday despite the ongoing banking sector turmoil, according to one ‘source report’. Read More

The Euro has stacked on the gains as the US Dollar remains in a tailspin from the fallout of failed banks that have seen Fed hike expectation pared while the ECB looks to crimp CPI. Where to for EUR/USD? Read More

Crude oil has steadied so far today after sliding lower to start the week after a bumpy ride for markets with volatility rising as uncertainty remains ahead of the Fed. Will WTI recover? Read More

The Japanese Yen underperformed as US banking sector volatility cooled. Traders started pricing out aggressive Fed rate cut bets for later this year and Treasury yields rallied. Read More

Headline US inflation fell to 6% from 6.4% as expected, while core inflation edged 0.1% lower to 5.5%. Read More

The 10 year Japanese government bond yield dropped below the Bank of Japan’s former cap of 0.25% as investors seek safety amid local banking stocks decline Read More

US stock futures have experienced a sharp rebound, buoyed by a recovery in bank stocks and lower rate expectations. Nasdaq 100 leads followed by S&P 500 and Dow. Read More