Gold Trapped in a Narrow Range, What’s Next?
After almost touching a record high last month, gold prices have corrected lower, trampled under […]
China’s Sluggish—Short & Long-Term—Growth Outlook
Summary China’s post-COVID rebound has now fully matured as the latest batch of activity data […]
Growth Forecasts Lower – RBA to Hike in Both July and August
In March, when we last revised our economic forecasts, we expected growth of 1% in […]
Fed Review: Powell’s Hawkish Bluff
The Fed held rates unchanged at 5.00-5.25% as widely anticipated. However, the updated ‘dots’ surprised […]
FOMC Skips June, But Signals Hikes Not Done Yet
Summary As widely expected, the FOMC decided unanimously to refrain from raising rates at today’s […]
Is Inflation About to Fall Off a Cliff?
Inflation may have finally peaked around the world, but central banks remain on alert amid […]
XAU/USD: Historical Overview and Forecast Until 2027
Gold is one of the favourite trading instruments of the most successful traders at NordFX. […]
RBA Board Raises Cash Rate by 0.25% to 4.1% – A Further Hike Expected in July.
The Board has rebalanced its focus towards inflation and inflationary expectations. We expect there is […]
June Flashlight for the FOMC Blackout Period
To Hike or Not to Hike, That Is the Question Summary After raising rates by […]
High Inflation To Force Bank Of England’s Rate Hike Hand
Summary The U.K.’s April CPI data surprised to the upside, with headline inflation and energy […]
RBA: Minutes to May Board Meeting Make Strong Case to Justify Rate Increase
Despite the strong case the Minutes point to the decision in May being “finely balanced” […]
Bank of England Review – A Data Dependent Approach
In line with our expectation, the BoE today hiked policy rates by 25bp, bringing the […]