US futures higher, gold out of luck

By Naeem Aslam US futures and European markets are trading higher Tuesday as traders celebrate the Spanish inflation number, showing that inflation has started to cool down significantly. The Spanish data also

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Another setback for central banks

By Craig Erlam   Investors may have underestimated the pace of disinflation this year if economic data this week is anything to go by, with US figures on Friday further enforcing the view

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Fed minutes hint at pause

The US Federal Reserve is likely to pause interest rate hikes in June, which will be welcomed by markets, according to the CEO and founder of leading financial advisory and fintech deVere

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RBNZ is done, BoE has a lot to do

By Craig Erlam   It’s been a tough trading day, with UK inflation data sending worrying signals, while the RBNZ seemed to declare ‘job done’ in its inflation battle. The headline UK inflation

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Markets gripped by US debt ceiling talks

By Lukman Otunuga, Senior Research Analyst at FXTM Asian markets gave up earlier gains on Tuesday as investors adopted a cautious stance after US debt ceiling negotiations ended “productive talks” without a

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Europe PMI, debt ceiling talks dominate

By Jameel Ahmad, Chief Analyst at CompareBroker.io   From an economic data perspective, the main focus on Tuesday is the flash PMI readings from across Europe. The looming shadow in the background is

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