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It was a busy week across markets, with UK macro data and major US earnings results taking center stage. 🇬🇧 UK Retail Sales - Holding Strong British retail had another solid quarter. Sales volumes rose 1.0% in June and 0.6% across Q2, sitting 4.2% higher than a year ago and now above pre-pandemic levels. The second warmest June on record drove demand for seasonal products, while online retail hit its highest share of total sales since April 2021 - 29.4%. The one soft spot was automotive fuel, where sales dipped as motorists pulled back on spending. 🇬🇧 UK Inflation - Cooling Down UK CPI dropped to 2.6% in June, its lowest reading since 2024. Cheaper fuel was the main driver, with petrol prices falling for the first time since Middle East tensions escalated earlier this year. Food price growth also slowed to its lowest rate in nearly two years. On the flip side, rents and hospitality costs kept climbing. The UK's inflation rate is now below the EU average - a meaningful shift worth watching. 📈 Alphabet (GOOGL) Q2 2026 - AI Is Doing the Heavy Lifting Google's parent company posted $119.8 billion in revenue, up 24% year-over-year - twelve consecutive quarters of double-digit growth. The headline number was Google Cloud, which surged 82% to $24.8 billion on the back of enterprise AI demand. Search and YouTube remained strong contributors. CapEx doubled year-over-year to $44.9 billion as Alphabet continues to go all-in on AI infrastructure, with full-year spending guidance now raised to $195–$205 billion. 🚗 General Motors (GM) Q2 2026 - Quietly Impressive GM delivered $48 billion in revenue and adjusted EBIT of $3.94 billion, up nearly 30% year-over-year. North American operations drove much of the strength, with trucks, SUVs, and commercial fleets performing well. Full-year guidance was raised, and the company declared a $0.18 quarterly dividend - solid fundamentals across the board. The bigger picture this week: UK consumers are spending, inflation is easing, and US corporate earnings are coming in strong - particularly in AI-linked businesses. Markets have plenty to digest heading into next week. #marketoverview #financialweek

US inflation just posted its biggest monthly drop since April 2020 CPI fell 0.4% in June 2026, though prices are still 3.5% higher than a year ago. ⚡️Energy was the main story — gasoline dropped 9.7% on the month, pulling the energy index down 5.7%. That said, gas prices are still up 26.7% year over year, so don't get too comfortable. 🥨Food increased by another 0.2%, with eggs leading the way with a 4.3% increase. 🏡Groceries have quietly become 3.0% more expensive than this time last year. Core inflation, which excludes food and energy, remained unchanged in June, following a 0.2% increase in May. On a year-on-year basis, it sits at 2.6%, which is moving in the right direction, but not quite there yet. One monthly drop doesn't change the bigger picture - but it's the kind of number that keeps the Fed conversation interesting. 🔗dukascopy.com/swiss/english/… #USInflation #CPI #ForexNews #ForexTrader #MarketNews #TradingNews #USDollar #FXMarkets

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Keep an eye on this week's economic calendar, as several key reports are expected to influence market sentiment in the U.S. market. Visit our website to view the full calendar and stay informed about upcoming events: 🔗dukascopy.com/swiss/english/…

UK retail sales rise in May 2026, driven by online and non-food growth UK retail sales volumes rose 1.2% in May 2026, according to the ONS, though levels remain 0.4% below pre-pandemic figures from February 2020. Unusually warm weather - the joint-third warmest May on record - combined with strong promotions to boost seasonal sales, from fans to paddling pools. Online retail led the way, jumping 6.1% in May, its biggest monthly gain since February 2025. Online sales now make up 28.8% of total retail activity. Department stores also benefited, posting a 2.7% rise over the three months to May. #chartanalysis

Most traders have seen this pattern Not everyone knows what it means~ Do you? 👇 #Forex #Trading #PriceAction #ChartPatterns

The coming weeks are packed with central bank decisions – and FX markets will be watching closely. ECB (June 11) – A 25-basis-point cut to 2.40% is widely expected. The updated macro projections will matter just as much as the decision itself. Bank of Japan (June 16) – One of the key events of the month. A rate adjustment or shift in yield curve control policy remains on the table, with inflation and yen dynamics keeping pressure on Japan's accommodative stance. Federal Reserve (June 17) – Rates expected to hold at 3.50–3.75%. This is Kevin Warsh's first FOMC meeting as Fed Chair, inheriting a sticky inflation environment that leaves little room for immediate easing. Bank of England (June 18) – Expected to hold at 3.75%. Inflation remains a concern, but the current restrictive stance is seen as sufficient for now. Four central banks. One week. Plenty to watch. Read more here: dukascopy.com/swiss/english/…

Australian Economy Grows 0.3% in March Quarter 2026 Despite Trade and Weather Challenges Australia's economy expanded by 0.3% in the March quarter 2026, with annual GDP growth reaching 2.5%, according to the latest Australian Bureau of Statistics report. Growth was largely driven by strong private investment in data centres and technology infrastructure, particularly in New South Wales. However, severe weather disruptions, including Cyclone Koji, weighed on mining output and exports, limiting overall economic momentum. Learn key highlights on our website: dukascopy.com/swiss/english/… #chartanalysis #fundamentalanalysis

Your trading week starts with preparation - and the economic calendar is where that preparation begins. This week's calendar is packed with market-moving events. Know your levels, watch the releases, and have a plan before the candles start moving. Check this week's key events in the image below👇 or take a look at the full schedule by clicking the link: dukascopy.com/swiss/english/… #economiccalendar #tradingweek

USD/JPY Technical Update: Consolidation Phase Continues The 4-hour chart shows USD/JPY trapped in a well-defined range following mid-April volatility: 📌Range boundaries: Resistance: 159.75–159.93 (multiple rejections) Support: 158.30–158.50 (defended by buyers, with a prior wick to 157.50) 📊Technical structure: Current price: ~158.58 (mid-range) 24-period SMA: Flat, price oscillating around it 100-period SMA: Slightly above price, suggesting mild bullish undertone RSI: 50.33 (perfectly neutral—no momentum bias) This consolidation suggests the market is awaiting directional clarity. A breakout above 159.93 would likely target the 160.50 psychological level, while a breakdown below 158.30 could expose 157.50. Until a decisive break occurs, the technical environment favors mean-reversion strategies within the established range, with choppy price action expected. What's your bias: bullish break or bearish breakdown? #technicalanalysis #chartanalysis #USDJPY

📊 Last week's biggest movers Silver stole the show, up nearly 9% against some major currencies to claim the top spot🥇 The question now: Will it consolidate or push even higher this week? What's your take on silver's next move? 👇 #trading #forex #financialmarkets #gainerslosers

Bank of America reported a strong first quarter of 2026, with net income rising to $8.6 billion and earnings per share increasing to $1.11. Total revenue reached $30.3 billion, growing 7%, mainly driven by higher net interest income, which climbed 9% to $15.7 billion due to increased loans, deposits, and market activity. The company's balance sheet remained solid, with deposits growing to $2.02 trillion and loans reaching $1.19 trillion. Capital levels stayed strong, allowing the bank to return $9.3 billion to shareholders through dividends and share buybacks. Across its business segments, performance was broadly positive. Consumer Banking delivered strong profits and continued digital growth, Wealth Management benefited from higher client balances and market gains, Global Banking saw steady growth with a notable rise in investment banking fees, and Global Markets was supported by increased trading activity. Credit quality also improved, with lower provisions for loan losses, stable charge-offs, and better credit card delinquency trends. Overall, the bank showed solid growth, strong customer activity, and disciplined risk management. #expertcommentary #chartanalysis

🔷U.S. Manufacturing Expands in March as Costs and Global Risks Rise The March 2026 ISM Manufacturing PMI report showed that U.S. manufacturing continued to grow in March, marking its third consecutive month of expansion with a PMI of 52.7%. This reflects a broader economic expansion that has now lasted 17 months, with GDP growing at around 1.8% annually. 🔷UK Economy Inches Forward in Q4 as Production Surge Offsets Construction Slump The UK economy grew by 0.1% in Q4 of 2025, bringing the total annual growth for the year to 1.4%. This is a slight upward revision from previous estimates. This was characterised by a 1.2% expansion in the production sector, largely driven by manufacturing and energy. This offset a 2.0% decline in construction and flat growth in services. 🔷Oil hit $100 as Hormuz Crisis and Speculative Frenzy Ignite Historic Q1 Rally As the first quarter of 2026 comes to an end, intense upward pressure was being exerted on global crude oil markets, driven by a fierce tug-of-war between acute geopolitical risk premiums and the management of supply on a structural level. A sharp increase in crude oil prices has forced a revaluation of the commodity, embedding heavy risk premiums into short-term contracts while institutional money managers increase their bullish exposure. #marketoverview #financialweek

PAY360 2026 – two days well spent 🇬🇧 Two days at booth H50, great people, great talks – fintechs, PSPs, EMIs, payment professionals – all under one roof. We had a lot to show and even more to discuss. Until next year! 👋 #PAY360 #DukascopyBank #Banking #Payments #Fintech #London

The March 2026 ZEW Indicator shows that economic confidence in both Germany and the Eurozone has fallen sharply. In Germany, expectations dropped dramatically to around zero, even though views on the current situation improved slightly but remain very weak. In the wider Eurozone, expectations also turned negative, and the current economic situation worsened noticeably. The main reason for this downturn is the escalating conflict in the Middle East, which has pushed up energy prices and increased inflation concerns. Most experts now expect inflation to keep rising, which could slow or even stop the fragile economic recovery, especially in Germany. Industries that rely heavily on energy have been hit the hardest. Sectors like chemicals, automotive, and engineering saw major drops in confidence, along with steel, metals, and construction, the latter also affected by expectations of higher interest rates. #fundamentalanalysis📊 #chartanalysis

The February 2026 preliminary data reveals a stalled consumer recovery, as a marginal rise in the sentiment index to 57.3 masks a sharp divide between wealthy stockholders and those without investments. Despite reaching a six-month high, the index remains roughly 20% lower than the previous year, suppressed by ongoing anxiety over job security and the high cost of living. While the drop in one-year inflation expectations to 3.5% offers a small silver lining, the slight increase in long-term expectations to 3.4% suggests that most Americans believe the era of pre-pandemic price stability has yet to return. #trading #fundamentalanalysis #chartanalysis📈

How well do you really understand what moves markets? 🧠 This concept is mentioned constantly in macro analysis - but few can explain what it actually determines. Look at the image, choose your answer, and comment below 👇 #quickquiz #trading

Silver technical analysis XAG/USD is trading around $74.49 in a long-term ascending channel, showing a bullish bias after rebounding from support at $70.50. Immediate resistance is at $80.00, with the next key level near $85.00, while major support sits at $70.50 and deeper at $64.30. The price is above the 60-period SMA, confirming short-term momentum, and the bounce off the channel bottom highlights strong "buy the dip" sentiment. The outlook is cautiously bullish: a break above $80 could retest $85–$86, while a failure to hold $74.50 may see a pullback toward $70.50. The 9-day EMA at $71.02 remains above the 50-day EMA, confirming short-term bullish momentum, though the RSI of 70.51 signals overbought conditions that may trigger minor consolidation or profit-taking. With supply deficits and strong industrial demand supporting the structural uptrend, a modest pullback or sideways movement is possible before the next upward move. #chartanalysis #technicalanalysis