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How Monitoring-Based Forex Automation Is Improving Trade Oversight

Over the past decade, forex trading has undergone a significant transformation driven by automation and advances in technology. While early automated trading tools focused primarily on execution speed and signal generation, modern solutions are increasingly centered on monitoring, control, and transparency.

Eurozone PMI Signals Resilient Growth Despite Manufacturing Slowdown

The composite PMI dropped from 52.8 to 51.9 in December, with manufacturing output declining again. Overall, this reading still corresponds to decent GDP growth for the eurozone in the fourth quarter of 2025

Energy and Commodities Update: Oil Weakness Persists, Silver Hits Record High, and WASDE Shifts Grain Outlook

Oil prices traded to their lowest level since late October amid expectations of a surplus, while European gas prices appear to have found a floor for now

Fed Decision Day: Dissent Risks, Dot Plot Signals, and Global FX Implications

After this week's 'rate ripple', the focus today switches to North America. Here we have policy meetings for both the Fed and the Bank of Canada. The Fed is widely expected to deliver a hawkish cut, which leaves the risk on short-dated US rates and the dollar skewed to the upside. For the BoC, there could be some pushback against rate hikes priced for 2026

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As the online trading landscape continues to evolve, investors are seeking platforms that combine security, innovation, and global accessibility. VELADUR has emerged as a modern multi-asset broker and investment firm delivering speed, transparency, and precision to traders and investors worldwide.

Energy and Metals Update: Peace Talks Pressure Oil and Gas Markets, Copper Nears $11,000

Positive signals from both the US and Ukraine regarding a Russia-Ukraine peace deal continue to put pressure on energy markets. However, there’s little clarity on where Russia stands on the current plan

Poland’s Strong Consumption and Investment Point to Robust Growth with Mild Inflation Outlook

Combine rebounding investment with continued strength in private spending and you have a recipe for stronger economic growth. October's set of data suggests that GDP growth in the fourth quarter is likely to beat the 3.7% year-on-year rate posted in the third. At the same time, inflation is declining, which paves the way for another rate cut in December

Polish Investment Rebounds as Wage Growth Slows; Rate Cut Expected in December

Buoyant economic growth and signs of recovering investment are paired with slowing wage dynamics, easing upside risks to the current disinflation trend. With CPI inflation approaching the National Bank of Poland's target, the central bank may continue with policy easing. We expect another 25bp rate cut in December

German Optimism Corrected Amid Structural Challenges; Fiscal Stimulus Offers Glimmer of Hope

With dropping expectations and an only somewhat improving current assessment, the November Ifo index suggests that the German economy remains deeply stuck in stagnation at year-end

Energy and Agriculture Markets React to Russia-Ukraine Peace Talks and Trade Developments

Oil prices are under renewed pressure amid ongoing peace talks to end the war in Ukraine

USD Outlook: Fed Cuts Delayed, Euro and Yen Monitor Stimulus and Intervention

It could have been a lot worse for EUR/USD this week. A set of FOMC minutes that poured cold water on a December rate cut and a strong headline rise in the US jobs report could have seen 1.1500 taken out again. But instead, investors seemed to have just delayed rather than abandoned pricing for Fed easing. And Europe may still being showing some signs of life

Eurozone Rates Show Resilience Amid Equity Volatility

Euro rates are more focused on the improving macro story than on AI-driven equity jitters. This also means that Bunds may not prove an effective hedge against an equity sell-off

East Asia Economic Outlook: BOK Holds Rates, Industrial Growth Continues, CPI and GDP Updates

The Bank of Korea is expected to hold the rates steady. Meanwhile, data highlights include Chinese industrial profits, Tokyo inflation, Korean and Taiwanese industrial production and Indian GDP

Stronger-Than-Expected US Jobs Report Complicates the Fed’s Path

US jobs growth was stronger than expected in September, but unemployment also rose amid workers returning to the labour market and seeking jobs. Given the Fed's recent hawkish shift and the lack of official data scheduled before the 10 December FOMC meeting, it is understandable that the market thinks the next move won't come until early 2026

Bank Indonesia Holds Rates as Rupiah Weakens, but Easing Cycle Still Expected

Bank Indonesia held its policy rate at 4.75% amid inflation pressures and rupiah weakness, but we expect a cut in December to support growth. Risks remain skewed toward delays if currency pressures persist or the Fed postpones easinga

Stubborn UK Inflation Keeps BoE Split, but December Rate Cut Still in Play

UK inflation has peaked, but the latest data is a tad hawkish for the Bank of England. Food inflation was strong, which is red meat for the hawks. Services inflation rose, once volatile items are stripped out. However, we still expect the Bank to cut rates in December

De-leveraging Lifts the Dollar as Markets Brace for Fed Signals and Tech Volatility

Global markets are trading in a slightly nervous fashion as they brace themselves for a potential correction in US tech stocks. So far, the correction has been modest compared to the 25% fall in bitcoin, but events over the next 24 hours will have a say in whether moves extend. We'll have FOMC minutes, Nvidia earnings and the September jobs reporta

Equity Weakness Drives Bull Steepening as Markets Reassess Fed Cut Odds

Equities jitters have helped to steepen curves, though all within prior ranges and a 10y UST yield above 4%. As 10y Bunds richen versus swaps, the swap rate remains near the upper end of its range while the back end is sensitive to Dutch pension fund news. Meanwhile, latest TIC data show decent buying of US assets, including foreign demand for Treasuries

Higher wages and lower inflation could mark a turning point for Hungary's economy

Wage growth was slightly higher than expected in September. This growth in purchasing power could overcome the Hungarian economy’s Achilles heel: a lack of confidence. In the coming months, inflation will fall and wages will grow strongly

Italy’s Industrial Production Rebounds in September, but Growth Remains Modest

This more than compensates for August’s fall, confirming that summer data has to be interpreted with a pinch of salt. Italy's industrial stagnation is not over yet, but the picture might improve marginally over the fourth quarter

EUR Gains on Softer Dollar; GBP Faces Political and Fiscal Risks, HUF Weighs on Deficit Concerns

EUR/USD has held onto its gains this week – though that largely looks a function of the slightly softer dollar. Yesterday's release of the German ZEW expectations index for November was not particularly encouraging. However, the aggregate ZEW figure for the eurozone as a whole ticked up, questioning whether Germany is increasingly becoming an outlier.

US Money Market Liquidity: Calm Surface, Bubbling Undercurrents

Treasuries are treading water, and really should have performed better on a risk-off Tuesday. But the 10yr seems content at above 4% for now. The 2yr has more open road to trek back down to 3.5%. Wednesday’s refunding announcement should be a box-ticking exercise. The plumbing of the money markets is where all the drama is - keep an eye on it

Germany Remains a Nation of Renters as ‘Green Renoflation’ Redefines Housing Affordability

Affordability in the German real estate market remains strained. However, the recent surge in rents and a low homeownership ratio should still support the market

Riksbank Set for Prolonged Hold as Strong Growth Supports the Krona

The Riksbank and the ECB are both in a 'good place'. However, the risks that rates will be lowered again in Sweden are even lower than in the eurozone, as the growth outlook continues to improve and the Riksbank already took rates below 2% in September. We don't expect any new guidance at this meeting, and the krona's outlook remains good into 2026

Eurozone Inflation Holds Near Target as ECB Stays in Its ‘Good Place

Energy price developments have resulted in a tick down in headline inflation, while core inflation remains at 2.4%. Overall, the inflation environment seems to remain very stable around the ECB's target for the moment

China’s Manufacturing PMI Slumps to Six-Month Low as Demand Weakens

China’s manufacturing purchasing managers’ index saw a broad-based decline in October, while the non-manufacturing PMI managed to edge back into expansionary territory. Industrial activity has held up well despite soft PMI data year-to-date. Even so, this steeper downturn may raise some concerns

Italian Confidence Rebounds: Consumers and Manufacturers Signal a Stronger Fourth Quarter

Italy's October batch of confidence data marks an improvement in all monitored sectors but services. This is good news for Italian growth perspectives in the fourth quarter

Hungary’s Labour Market Shows Rising Unemployment Amid Persistent Tightness and Wage Pressures

Labour market data remains at an acceptable level for now, but the outlook is uncertain. As spooky season begins, companies face a haunting dilemma: raise prices further or begin layoffs?

Japan’s Trade Rebound and BoJ Watch: Exports Strengthen Amid US Tariff Headwinds

Japanese exports recovered mostly in line with market expectations. We cautiously expect US-bound exports to stabilise after the recent trade deal. Stronger-than-expected imports indicate continued investment in AI and semiconductors, supporting growth in the fourth quarter

A New Chapter for Polish Traders: BrightFunded Opens a Warsaw Office

In a landmark move for the proprietary trading industry in Poland, BrightFunded is proud to announce the opening of a new office in Warsaw, Poland, in October 2025. This expansion is a direct result of BrightFunded’s dedication to the growing and vibrant trading community in the region. The new office will serve as a hub for local traders, providing specialized resources, dedicated support, and a place for the prop trading community to connect. 

Dollar Strength Seen as Temporary Amid Fed Cuts; Euro Outlook Brightens, Yen Volatility Looms

Depriving investors of US macro data, the government shutdown has brought a reprieve to the dollar. Bears have become discouraged by the lack of soft jobs evidence, and many have thrown in the towel.

Commodities Update: US Gas Builds, Silver Hits Record Highs, Copper Rallies, and Argentina’s Corn Plantings Advance

Henry Hub natural gas extended declines in the early trading session today following higher US natural gas inventory injections over the last week. Total gas stockpiles continue to float above the five-year average, weighing on sentiment

ECB Minutes Signal Rates on Hold Amid Uncertainty, but Dovish Risks Remain

The just-released minutes of the ECB’s September meeting show a unanimous decision to keep interest rates on hold, viewing this approach as the most appropriate response to ongoing elevated uncertainty

Dow and Nasdaq Test Key Technical Levels Amid Fed Focus

After three sessions of correction in US equities, the Dow Jones is attempting a comeback.

The move comes in the shadow of what had been a heavily risk-on pre-FOMC environment, where expectations for rate cuts kept fueling a wave of optimism across markets.

China PMI: Manufacturing Shows Recovery, Non-Manufacturing Weakens

China’s manufacturing purchasing managers’ index was generally encouraging, rebounding to a six-month high in September. Yet, the non-manufacturing PMI disappointed by falling back to neutral levels

Euro Rates Follow US Yields as Markets Await Inflation and Jobs Data

Upside surprises in the final US GDP numbers and jobless claims make it difficult for markets to agree on upcoming Fed cuts. A benign PCE reading on Friday won't change that, but payrolls data next week should be more pivotal. Euro rate markets are keen to follow the bearish mood as a stronger dollar reduces disinflationary

German Housing Market: Modest Recovery Amid Affordability Pressures

The recovery in Germany’s housing market has continued, albeit at a slower pace. A combination of somewhat rising mortgage rates, increasing house prices, and slowing wage growth has weighed on affordability and dampened demand

Global Markets Digest: Fed Dovish Tilt, PMI Divergence, and Commodity Momentum

Federal Reserve (Fed) doves and risk-taking investors didn't necessarily welcome Jerome Powell's cautious tone in his speech yesterday, as the Fed Chair avoided committing to a rate cut at next month's meeting. He repeated that the risks to the labour market are tilted to the downside, while inflation risks remain to the upside – a mixed picture that requires careful policy adjustment.

Fed Message in Focus, ECB and BoE Speakers Ahead, CEE Central Banks Hold Hawkish Line

Plenty of Fed speakers this week will clarify the FOMC’s policy views after Chair Powell’s cautious remarks last week. With the Dot Plot signalling two more cuts this year, we don’t expect much support for the dollar, which is looking moderately expensive in the short-term. PMIs across developed countries and the US PCE are the other highlights this week

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VolFix is not just another trading platform. It’s an advanced tool designed with professionals in mind - those who want to understand market mechanisms in the finest detail.

S&P 500 Hits Record Highs as Fed Rate Cut Expectations Boost Big Tech and Market Sentiment

Another day, another record high for the S&P 500 on optimism that:

1. earnings grew around 13% last quarter and the profit outlook has been improving since the summer months, and
2. the Federal Reserve (Fed) is about to start a fresh policy-easing cycle to counter the weakening U.S. jobs market – provided that inflation remains under control.

Hungary’s Wage Growth Slows but Remains Strong Amid High Inflation and Weak Consumer Confidence

Wage growth came in as expected in July. It seems likely that it will remain stable at this level in the near future. However, households still prefer to save rather than spend due to weak consumer confidence

Poland: Inflation Near Target, MPC Poised for Further Rate Cuts

The Polish Statistical Office has revised August’s year-on-year CPI inflation upward to 2.9%, from the initial flash estimate of 2.8%. However, we estimate that core inflation eased to 3.1% YoY, maintaining its downward trajectory. We expect policymakers to deliver one more 25bp rate cut this year, in November

Eurozone Labour Market Resilience Persists as Unemployment Holds at Historic Low

Falling unemployment suggests that the eurozone economy remains resilient in the face of global uncertainty. Modest economic growth seems realistic for the coming quarters, as the strong labour market should aid some domestic recovery

Energy and Commodities Weekly: Speculators Cut WTI Exposure, Gold Awaits US Jobs Data

Oil prices settled lower on Friday, and remain under pressure in early morning trading today, despite France and Germany pushing for secondary sanctions on Russian energy buyers

LDP Leadership Uncertainty Builds as Early Election Push Gains Attention

As reported by Jiji Press on 27 August, the Liberal Democratic Party's presidential election management committee indicated that day that names will be taken and disclosed when it asks lawmakers and prefectural chapter representatives for their preferences on truncating Prime Minister Shigeru Ishiba's term to hold a new internal leadership election. 

Chip Rally Shifts Toward China as Nvidia Growth Slows and Global Risks Mount

Nvidia revealed its Q2 results yesterday after the closing bell and the numbers were, again, very impressive. The company made $46.7bn in revenue last quarter, broadly in line with expectations – and that without selling any H20 chips to China due to export restrictions. The profit margin climbed back above the 70% mark, and the company guided for $54bn in revenue this quarter – still excluding China, where the outlook remains complicated.

USD Holds Range as Markets Reassess Powell’s Jackson Hole Tone and September Cut Odds

The US Dollar has been in a weird trading zone since the contradicting NFP report from the beginning of the month (forcing a dovish hand) and the strong PPI report that has shown the appearance of tariff effects (forcing a hawkish hand).

Powell’s Dovish Pivot Sparks Rally in Stocks, Gold, and Bitcoin; Dollar and Yields Slide

S&P 500 with Nasdaq almost retested Wednesday‘s lows – unlike Russell 2000, which refused to correct meaningfully Friday premarket. That was but one of the signs of what to expect – and all clients were ready as to what I expected to unfold, and what was the game plan.

Polish Retail Sales Rebound in July, Supporting Stronger Consumption Outlook

Retail sales in July rose by 4.8%YoY in Poland, rebounding from June’s weaker 2.2% figure. The June dip was a one-off weakness and most likely reflected a temporary shift in consumer spending from goods to services, driven by increased travel and hospitality outlays during the Corpus Christi long weekend

France Faces Flat Growth Amid Sector Divergences and Weak Domestic Demand

In August, France’s business climate index remained stuck at 96 for the third consecutive month. While stable, it continues to hover below its long-term average, a sign that the economy is holding its breath rather than gaining momentum

Asia Macro Outlook: Rate Cuts in Korea and Philippines, Cooling Inflation in Japan, and Growth Risks in India and China

The Bank of Korea is expected to leave rates unchanged, while Bangko Sentral ng Pilipinas is seen easing. Other highlights include Tokyo inflation, India’s second-quarter GDP and China’s industrial profits

Markets Weaken on Tech Selloff, NZD Slumps After RBNZ, UK Inflation Surprises Higher

Global stocks took a break after a record run, as a big drop in major tech companies pulled markets down. Futures suggest more losses ahead.

Dow Jones Outperforms Peers as Technical Signals Support Medium-Term Bullish Bias

This is a follow-up analysis and update of our prior report, “Dow Jones Technical: Minor pull-back found support with bullish elements sighted in Caterpillar”, published on 4 August 2025.

The US Wall Street 30 CFD Index (a proxy for Dow Jones Industrial Average futures) has kicked off the anticipated bullish impulsive upswing from the 1 August 2025 minor swing low of 43,335.

Czech Producer Prices Show Mixed Trends as Food and Agriculture Drive Inflation Risks

The industry's annual price drop deepened in July, marking six consecutive months of negative price trends. Weak demand from key trading partners continues to weigh on prices for capital and intermediate goods, while consumer goods prices are still rising. Strong price activity in food production will further drive up the CPI

Markets Mixed as Tech Hits Highs, Crypto Surges, and Ceasefire Talks Advance

Log in to today's North American session Market wrap for August 13.

Dovish Fed Bets Lift Global Equities as Markets Weigh Rate Cuts, Tariffs, and AI Growth

Investors spent Wednesday betting that the Federal Reserve (Fed) would not only cut rates by 25bp in September but could even deliver a jumbo rate cut, after CPI data released the day before came in softer than analysts expected. Fed doves now see a huge opportunity for the central bank to focus on the slowing jobs market rather than tariff-led inflation risks that have yet to materialise.

Weaker Dollar Fuels Global Risk Appetite as Fed Rate-Cut Bets Surge

Yesterday, US inflation data was mixed, but the market reaction was not. Core inflation in the US posted its strongest gains this year, and the yearly figure accelerated more than expected to 3.1% in July.

Romania’s Inflation Surge and NBR Policy Outlook: Energy Price Shock Pushes CPI Near 10%, Disinflation Expected in 2026

Inflation in Romania rose sharply in July, reaching 7.8% - well above our forecast of 6.4%. The entire deviation stems from the energy sector, particularly electricity prices, which spiked by almost 62% versus the previous month. As a result, we have revised our year-end inflation estimate upward to 9.3%

Czech Industry Stable, Construction Booming as Wages Rise

Industrial production continued to expand in June, although new orders fell short of expectations, particularly given the decline in foreign orders. Meanwhile, the construction upturn is likely to continue, driving the Czech recovery and bolstering household budgets. Wage growth picked up in both manufacturing and construction

Markets Rally on Dovish Fed Bets Despite Tariff Risks, Uncertainty; BoK Stays Cautious as Inflation Holds Steady

The week kicked off on a positive note as investors rushed to buy the dips from last week's correction. While the European indices remain under the pressure of tariffs, there are now two distinct camps regarding whether the major US indices should return to fresh all-time highs or whether a further correction is in order.

Hungary Macro Update: Growth Stalls, Inflation Sticks, Forint Stable for Now

In our latest update, we reassess our Hungarian economic and market forecasts at a time when we are torn between optimism for better days ahead, the reality of the past three years, and the present, which is characterised by low confidence that is still declining. This time, pessimism has won 

Why Savvy Traders Are Choosing Brokers That Let Results Speak

In the world of online trading, brokers often compete for attention through bold promises, celebrity endorsements, and campaigns that resemble tech startups more than financial services. But behind the noise, a quieter shift is underway - one that resonates with traders who care less about hype and more about execution.

ECB Holds Rates Steady, Signals Cautious Approach Amid Uncertain Inflation and Trade Risks

The press conference following the European Central Bank's decision to keep rates on hold confirmed the current wait-and-see stance. The bar for further rate cuts looks high but we still wouldn't rule out yet another cut in September

Mixed Signals in Czech Economy: Consumers Upbeat, Businesses Cautious

Consumer confidence gained in July, surpassing market expectations with the strongest reading since September 2021. Business confidence hovers just below its long-term average, though we expect the mood in industry to improve over the coming months. Robust recovery implies the need for a tighter monetary policy setup in the future

Market Rotation Ahead of Key Tech Earnings as Nasdaq Slides and Gold Surges

It has been the second day where North Americans see no particular market-moving data after last week's key releases, but this hasn't stopped the session from being volatile.
 

Consumer Sentiment Rises, but Housing Outlook Weakens in July

South Korea’s consumer sentiment index improved for the fourth straight month. It also suggests a moderation of housing prices, which should offer relief to the government and the Bank of Korea

Singapore’s Growth Beats Expectations, but MAS Likely to Ease on Second-Half Risks

Expected softness in GDP growth in the second half of the year, ongoing tariff uncertainties, and currency overvaluation support the case for MAS easing, though the decision remains finely balanced

With ECB on Hold, Economic Momentum May Shift Euro Curve

Next week we have the European Central Bank meeting, although no rate cut is anticipated. Markets are still split about when the next cut will take place, so the ECB will likely give more guidance in due time. More important for euro rates may be the PMI numbers. A continuation of upside economic data surprises opens the door to higher longer-dated rates

Czech Producer Prices Soften, But Consumer Goods Show Firming Trends

Industrial producer prices extended the series of declines by another month in June, coming in below expectations. That said, consumer goods prices in the industrial segment accelerated, while animal production pricing in agriculture remained robust

Markets Watch Washington: Sanctions on Russia Could Drive USD Upside

Having gapped 0.3% lower in Asia on news of a potential 30% US tariff on EU imports, EUR/USD is now barely 20 pips down on Friday's close. These kinds of threats seem typical as President Trump tries to get new deals over the line. We expect a better deal for Europe than this, but it could be noisy ahead of 1 August. Elsewhere, look out for new sanctions on Russia

Philippines Macro Check: Strong Trade Data, Weak Revenues and Easing Bias

Recent Philippine data indicates that external trade made a stronger contribution to GDP in 2Q. However, the cautious pace of private investment may remain a drag on overall performance unless government spending accelerates. We maintain our forecast for two additional 25-basis-point rate cuts by year-end, bringing the policy rate to 4.75%

June Jobs Report Exceeds Expectations, But Underlying Weaknesses Raise Concerns

A stronger-than-expected June jobs report indicates no Federal Reserve rate cut before September despite the President’s demands. Nonetheless, households are becoming more pessimistic on employment prospects with the risk of layoffs rising in the second half of the year

Mixed Signals from US Data: ISM Still Contracting, Labour Holding Up

US manufacturing continues to struggle, amidst signs of jobs resilience. The ISM manufacturing index remains in contraction territory, but the job vacancy statistics are holding up fairly well and inflation pressures remain elevated. Fed Chair Powell, speaking in Portugal, continues to suggest the committee remains in wait-and-see mode, implying little prospect of a July rate cut

Czech Recovery Uneven: Strong Consumer Demand, Weak Business Investment

The Czech economy expanded by a solid 2.4% annually at the beginning of the year. The real GDP revision supports our view that households remain on a spending spree, while firms remain reluctant to unleash investment and unlock future growth potential. Resilient spending will likely prevent any further monetary policy easing

Shifting Investment Strategies: Japanese Lifers, Toshins, and Foreign Flows

Life insurance companies (lifers) net sold JPY216bn ($1.4bn) of foreign bonds inFebruary, marking net selling of foreign bonds for four consecutive months (Fig. 6 ), but the size remains smaller than in 2022, when they markedly decreased their exposure to foreign bonds.

Japanese Investment Trends: GPIF, Foreign Flows, and Bond Market Shifts

What to watch for at the 2025 China Two Session

Chinese policymakers are expected to maintain last year's growth target to signal confidence in growth stabilisation, and we expect a greater focus on boosting domestic demand this year