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The weekly bottom line: the fed’s door is still open
U.S. Highlights The Federal Reserve’s policy statement took center stage this week. As expected, the Fed kept policy rates unchanged but preserved t...
November 4, 2023, 12:36 am
Friday’s market minute: dovish interpretation uplifts equities
Equities continue to climb this week as investors interpret the Federal Reserve is close to wrapping up its rate-...
November 3, 2023, 6:29 pm
What’s next for commodities as fed hiking cycle looks done
It’s official: The most eagerly awaited economic report of this month, if not this year was released on Friday showing the U.S labour market is fina...
November 3, 2023, 5:57 pm
Pound sterling price news and forecast: gbp/usd remains on the defensive below 1.2200
AUD/USD climbs close to 0.6440 as market sentiment improves. The demand for the US Dollar dampens as investors hope that the Fed is done with ...
November 3, 2023, 1:59 am
Wall street indexes rally on bets of peak us interest rates, strong earnings
Wall Street’s three main stock indexes rallied nearly 2% on Thursday on hopes that the U.S. Federal Reserve has reached the end of its interest rate...
November 3, 2023, 12:29 am
Dollar loses ground against major rivals
The U.S. dollar lost ground against its major counterparts on Thursday as risk appetite increased on hopes the Federal Reserve is down with its rate <...
November 2, 2023, 8:33 pm
Us stocks jump as bond yields plunge on bets that the fed has finished hiking
Treasury yield tumbled as much as 16 basis points to 4.62% Thursday morning, as investors expect the end to Fed rate hikes. Read Full Story at source ...
November 2, 2023, 3:44 pm
Aud/usd jumps close to 0.6440 as risk-on mood dampens us dollar appeal
AUD/USD climbs close to 0.6440 as market sentiment improves. The demand for the US Dollar dampens as investors hope that the Fed is done with ...
November 2, 2023, 2:44 pm
Metals-copper drifts higher on hopes of peak fed rates, weak dollar
Copper prices edged higher on Thursday on hopes that the U.S. Federal Reserve have stopped hiking rates...
November 2, 2023, 1:59 pm
Equities gain as fed signals potential end to rate hiking
Stocks rallied as investors reacted to the possible peak of the Federal Reserve’s historic tightening campaign and processed the latest major compan...
November 2, 2023, 11:44 am
Markets rise after federal reserve hits pause again on rate hikes
The Federal Reserve said Wednesday it is hitting pause again on its rate-hiking campaign as the economy...
November 2, 2023, 4:59 am
The nasdaq rallies and us dollar slips as powell sees two-sided inflation risks
The Nasdaq is at a session high, up 1.6% in the aftermath of the FOMC decision and Powell's press conference."It feels like the risks are more two-sid...
November 1, 2023, 7:29 pm
Fed stays put, keeps hiking bias; gold & us dollar display limited volatility
The Fed held interest rates steady for the second straight meeting, but retained a tightening bias, signaling that future actions will be guided by fi...
November 1, 2023, 6:10 pm
Canadian gdp is a clear sign that rates will need to come down next year - cibc
Today's advanced reading on GDP suggested a flat reading for Q3 following a slight contraction in Q2. That's much softer than the Bank of Canada's for...
October 31, 2023, 3:31 pm
Mcdonald's, chipotle hiking menu prices after california raises fast-food minimum wage
McDonald's -- which revealed on Monday that it earned 14% more revenue in the third quarter compared to the same period last year -- already charges $...
October 31, 2023, 1:44 pm
World bank says oil could hit $150 but don't hold your breath
The warning comes even though global oil prices are struggling to cap even $90. Indeed a price hiking b...
October 31, 2023, 11:34 am
Sanofi shares skid as french drugmaker outlines higher r&d expenses, taxes
Shares of French drugmaker Sanofi fell as much as 16% on Friday after after hiking its research-and-dev...
October 27, 2023, 5:41 am
Bank of canada interest rate pause continued, with a "clear hiking bias"
The Bank of Canada left its overnight rate unchanged at 5%, although other events overtook the news on it:Forexlive Americas FX news wrap 25 Oct: Stoc...
October 25, 2023, 9:25 pm
Commonwealth bank of australia forecast a 25bp rba rate hike on november 7
Via CBA, their outlook for the Reserve Bank of Australia:CPI stronger than expected – RBA to hike the cash rate in November The headline CPI rose by...
October 25, 2023, 3:18 am
Rbnz: hawks, doves, and kiwis
The RBNZ has had a tough balancing act to manage in recent months. Core inflation pressures –especially those related to domestic prices – remain ...
October 25, 2023, 2:31 am