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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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.
The ECB survey shows that eurozone consumers now expect lower inflation in 2027. This marks a major psychological turning point for the euro and interest rates.
Inflation in Tokyo rose in June, driven by energy prices. This acceleration is fueling renewed speculation about monetary tightening by the Bank of Japan.
Gold hits its lowest level since November 2025 following the Fed's hawkish signals. The dollar is taking advantage of this to dominate the foreign exchange market.
Official figures for May show that inflation in Japan is under control, but energy subsidies mask very real underlying pressure.
The New York-based bank is revising its strategy in response to the Federal Reserve's tightening. The markets will have to wait until the fall of 2026 to see rates fall.
Gediminas Simkus, a member of the ECB’s Governing Council, announced that at least one more rate hike is on the way. Monetary tightening continues.