A week packed with high impact economic data and events, led by the latest monetary policy decisions by the Federal Reserve and the Bank of Japan.
The latest US NFP data defied fears of a weakening jobs market as 272k joined the workforce, easily beating market forecasts of 185k
Months of restrictive monetary policy have had little effect on the labour market but recent jobs data suggests we may be approaching a steady decline
The South African Rand has surrendered a lot of ground as the uncertainty around the new coalition government hangs in the balance
US Treasury yields remain in a downtrend and that’s hurting the dollar. Gold continues to recover while Bitcoin eyes a new all-time high.
The ECB marked a historic moment, initiating a cutting cycle before the Fed. The euro rose on the back of upward revisions to both inflation and growth in 2024