Market Overview - Page 5

The Nasdaq is falling amid expectations of a Fed rate hike, strong US employment figures and rising geopolitical risks. This has strengthened the dollar and dampened risk appetite in global markets.

The dollar recovered on Trump's comments about an imminent Iran deal. Fed tightening odds below 50%. Parallels with the 1970s, but a full repeat looks avoidable.

GBPUSD is consolidating: an escalation in the Middle East could push the pair towards 1.31, whilst a deal with Iran and rising risk appetite could send it towards 1.37.

The oil market has gradually adjusted to the shock and has been hoping for a quick US-Iran deal. However, clashes between the opposing sides continue, and the conflict between Israel and Hezbollah risks exacerbating the situation. As a result, Brent.

The escalation in the Middle East is strengthening the dollar, increasing the likelihood of a Fed rate hike and pushing USDJPY towards 160, thereby heightening the risk of Japan's currency intervention.

The S&P 500 rally is being fuelled by a strong US economy, demand for chipmaker shares and hopes of a Fed rate cut. Goldman Sachs has raised its target for the end of 2026 to 8,000.

Rumours of a breakdown in US-Iran negotiations supported the dollar, while strong US data boosted demand. Rising USDJPY increases the risk of currency intervention in Japan.

The Fed may return to rate cuts. The ECB is expected to hike in June. USDJPY near 160: Japan ready to intervene. Gold retreats as yields rise.

Gold bounced off $4,400, holding the 200-day average. Conditions look more balanced than in March; a break lower opens the way to $4,000–4,100.

The dollar rallied on the escalation, then retreated on news of a US–Iran ceasefire. The ECB to hike in June, the Fed on hold. Monetary divergence weighs on the dollar.

Dollar The dollar regained ground as the fragile truce between the US and Iran appeared increasingly unstable. The dollar index moved back towards its April highs, recovering losses seen after the first signs of compromise between the two sides. However,.

EURUSD rises along with the chances for the ECB’s hike in June. Fed rate hike odds fell below 50%. Aussie under pressure as inflation slows. Yen: Bulls and Bears are evenly matched.