The Federal Reserve interest rate decision may undermine the recent rebound in GBP/USD if the central bank steps up its effort to combat inflation.

U.S. business activity fell into contraction territory this month for the first time since the COVID-19-induced lockdowns, a sign that the economy may be headed for a hard landing.

DAX 40 bounces higher as weak PMI’s fail to dent sentiment.

Yesterday the South African Reserve Bank voted to raise the interest rate by 75 bps after June inflation surged to 7.4%. ZAR attempts to claw back mass losses

GBP struggles, ranges set ahead of FOMC

The Bank of Japan bought a record amount of Japanese government debt last month as the central bank continues with its ultra-accommodative monetary policy.

EUR/USD bears are back at it this morning in reaction to weak EZ PMI data as markets await U.S. PMI’s later today.

The Nasdaq 100 soared as Wall Street continued recovering, setting the stage for continuation in Asia. Will the ASX 200 and Nikkei 225 push higher to finish off the week?