US inflation is moving lower but remains uncomfortably high, helped in part by a robust US jobs market

USD/JPY and EUR/JPY maintain a positive technical outlook heading into the third quarter, as sentiment around the Japanese yen continues to be extremely bearish.

The spectacular run in US equities looks set to spill over in the third quarter, thanks to improving overall sentiment after the raising of the US debt ceiling, reduced stress in the banking system, the resilience of the US economy, and hopes that global interest rates are peaking

Oil technicals enter Q3 on the back of a broad consolidation where an upside breakout eyes the long-term trendline and $80 mark

The recent rise in nominal and real yields driven by hawkish central bank monetary policy could keep gold prices biased to the downside heading into the third quarter.

The euro is showing signs of weakness heading into Q3 – key levels identified and analysed

A feature of many asset classes in 2023 has been a range trading type of environment and AUD/USD is an example of this. At the half-way point of the year, the Aussie Dollar is yet to get anywhere near testing the 2022 high or low at 0.7660 and 0.6170 respectively.

Bitcoin’s resilience bodes well for Upside in Q3 as skyrocketing interest rates and regulatory headwinds fail to bring about a selloff

The Bank of England is trying to balance future interest rate hikes against a possible recession

The Australian Dollar capitulated last week as the US Dollar regained the upper hand with the Fed talking up more hikes while Aussie bond markets see clouds ahead. Lower AUD/USD?