Partner Center The Bank of England (BOE) cut its key interest rate by 25 basis points to 4.25%, but surprised markets with a deeply divided 5-4 vote that sent the pound climbing higher across the board. In a significant shift, two members of the Monetary Policy Committee voted for a larger half-poin

Partner Center As expected, the Fed kept interest rates on hold at 4.25-4.50% for the third consecutive meeting during their May decision, citing trade uncertainty and stagflation risks as reasons to stay cautious. In their official statement, the FOMC mentioned that while economic activity “has con

Partner Center Risk aversion dominated Tuesday’s trading with stocks falling, gold hitting record highs, and Treasury yields dropping as the record US trade deficit underscored tariff concerns, while oil rebounded on Middle East tensions between Israel and Yemen. But late-session optimism surged whe

Partner Center New Zealand’s quarterly employment report showed a 0.1% uptick in hiring as expected in Q1 while the unemployment rate held steady at 5.1% instead of rising to 5.3%. Meanwhile, the labor force participation rate slowed from 71% to 70.8% while the labor cost index fell short of estimat

Both spread betting and CFD trading are forms of derivatives. This means traders speculate on the price movements of underlying assets, but do not own these assets themselves. Despite this similarity, the two types of trading differ in their structure, taxation, and regional availability. What is Sp

Partner Center The ISM Manufacturing PMI for April 2025 registered at 48.7, down 0.3 percentage points from March’s 49.0 reading. While this marks the second consecutive month of contraction in the manufacturing sector, the figure came in better than economists’ expectations of 47.9, suggesting the

Partner Center The Bank of Japan (BoJ) kept its benchmark interest rate unchanged at 0.5% today, triggering a significant weakening of the Japanese yen across major currency pairs. The decision reflects the central bank’s cautious stance amid ongoing global trade uncertainties and domestic economic

Partner Center Market participants had plenty to deal with on Tuesday, as U.S. equity indices took cues from big tech earnings data, crude oil caved to another round of bearish updates, and top-tier U.S. inflation and growth data were printed. Here are the updates you need to know: Headlines: New Ze

Partner Center Australian inflation remained unchanged annually but came in stronger than expected on a quarterly basis, reinforcing market expectations for a second rate cut by the Reserve Bank of Australia (RBA) at its May meeting but a more measured approach afterwards. While annual inflation rem

Partner Center A new front is opening in the U.S. trade war narrative, and this time, it’s legal. Thirteen U.S. states have filed lawsuits to challenge the legality of Trump’s tariffs, aiming to curb the president’s ability to impose them without congressional approval. For forex traders, this court

So you want to become a forex trader. Great. Welcome to the world where candlesticks are unpredictable, your strategy works only when you're away from the charts, and your emotions can derail your progress faster than you think. Let’s talk about two things traders often overlook until they’ve made s