Macroeconomics is the main engine driving all financial markets: forex, equities, bonds, commodities and crypto. Understanding central bank decisions (Fed in the US, ECB in Europe, BoJ in Japan, BoE in the UK) and major data releases (CPI inflation, NFP jobs, GDP, PMI) is essential to anticipate trends and size exposure correctly.
Since 2022, the global monetary cycle has been dominated by fighting post-Covid and post-Ukraine war inflation: rapid hikes in 2022-2023 (Fed at 5.5%, ECB at 4%), then an easing cycle starting 2024-2025 as disinflation consolidated. 2026 shapes up as a pivotal year for central bank responses to economic slowdown and a new wave of US tariffs.
ActuTrading Economy covers monetary policy decisions (FOMC, ECB Governing Council), US and European macro releases (NFP, CPI, PCE, Ifo, PMI, ZEW), sovereign debt issues, and geopolitical impact on global trade balances.
CPI, INSEE, purchasing power, ECB impact: French inflation decoded.
Read →FOMC, dot plot, Fed funds rate, Powell guidance and market effects.
Read →Deposit rate, Lagarde, 2% inflation target, sovereign stress.
Read →25 years of dovish policy, NIRP exit, Kazuo Ueda and the yen.
Read →9-member MPC, Andrew Bailey, vote transparency, sterling pound.
Read →Frankenshock January 15, 2015, CHF safe-haven, Martin Schlegel.
Read →Michele Bullock, AUD commodity currency, China dependence.
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Gold is treading water amid tensions in the Middle East, while traders are closely watching the upcoming U.S. jobs data to adjust their positions regarding the Fed.
A prolonged closure of the Strait of Hormuz could plunge the United Kingdom into a recession. Geopolitical risks pose a direct threat to the British economy.
With key interest rates held steady, certain sectors are enjoying a newfound stability. Traders are reassessing profitable positions in a monetary environment that is stabilizing.
Donald Trump is targeting Indian generic drugs. Pharmaceutical stocks in Mumbai plummeted following the announcement of new U.S. tariffs.
The price of gold has just surpassed the $4,000 mark. Tensions in the Middle East and expectations regarding the Fed's monetary policy are driving up the price of gold.
Donald Trump accuses Canada of being responsible for the forest fire smoke crossing the border and announces that he will add these costs to the customs duties already in effect.
The Trump administration issued subpoenas against several New York Times journalists following a leak involving Air Force One. This is the first time this has happened in decades.
As inflation remains stubbornly high in the eurozone, the question of another ECB rate hike is resurfacing. We break down the signals.
The euro-dollar exchange rate has fallen back to 1.1437 after giving up its NFP gains. The market is holding its breath ahead of this week's U.S. inflation report.
The Fed's new chair warns: zero tolerance for inflation above 2%. A clear signal to the markets, which had been anticipating easing.
UBS expects the Fed to hold rates steady despite market expectations of a rate hike. Kevin Warsh downplays the inflation risk, but traders remain hesitant.
Inflation in the eurozone is slowing more than expected. The European Central Bank may adopt a more cautious stance in the coming months.