EUR/USD is back to highs seen at the end of March last year, while EUR/GBP is probing lows last seen just under a year ago.

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The UK economy continues to surprise as GDP is now estimated to be 0.2% above its pre-covid levels from February 2020. Given that further hikes are expected, are recessionary fears justified?

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Gold rebounded after US inflation slowed more than expected in June, reinforcing market expectations that the US Federal Reserve is nearing the end of its tightening cycle. To what extent could gold rise?

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Lower-than-expected read in US inflation suggests that the tightening cycle from the Fed thus far are having its desired effect in moderating pricing pressures.

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Crude oil prices leapt to higher ground after US CPI printed lower than forecast and led to hopes of a less restrictive Fed. The US Dollar collapsed in the aftermath boosting commodities.

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