US stocks slid on Tuesday as the Fed kicked off its two-day policy meeting and Wall Street looked ahead to another large rate hike, to be announced on Wednesday.The Dow Jones Industrial Average fell 340 points, or 1.1%. The S&P 500 shed 1% and the Nasdaq Composite slid 0.7%.The Federal …
Read More »Will the BoE raise interest rates at Thursday’s meeting?
The Bank of England (BoE) will have its monetary policy decision. Accord points to a 50 bps rate hike, but a 75 bps is not ruled out.However, analysts at Danske Bank expect fewer hikes than priced in markets as they emphasize the rising recession risk in the UK. On Thursday, …
Read More »Gold is falling amid the dollar’s strength ahead of Fed
Gold prices fell on Tuesday, September 20, under pressure from the stability of the dollar and the rise in US bond yields, at a time when the US Federal Reserve is preparing to announce a major interest rate hike to curb inflation. And gold fell in spot transactions by 0.4% …
Read More »Oil rises as OPEC and its allies produce below quotas
Oil prices have advanced slightly amid higher volatile trading on Monday, as worries of tight supplies outweighed fears of global economic slowdown and likely large increases to interest rates.Brent crude for November rose 65 cents, or 0.7%, to $90.6 a barrel, while US West Texas Intermediate (WTI) for October was …
Read More »Stable flow of Russian gas to Europe via Ukraine as Nord Stream 1 continues to shut down
Operational data showed Russian gas supplies to Europe through Ukraine were stable on Tuesday morning, while gas flow through the Nord Stream 1 pipeline remained at zero. Ukraine’s transport system data showed that Russian gas flows to Slovakia from Ukraine through the Veleke Kapusani border point amounted to 36.9 million …
Read More »European shares open higher
European shares rose at the open on Tuesday on the back of a rally in banking shares as investors prepared for the release of the results of the US Federal Reserve’s two-day monetary policy meeting. The pan-European Stoxx 600 index advanced 0.8% after a weak start to the week. European …
Read More »Japan shares close stable, with anticipation of the US and Japanese central meetings
Japanese stocks posted slight gains on Tuesday as investors awaited the outcome of this week’s meetings of the Federal Reserve and the Bank of Japan, as the two banks are expected to reinforce their hawkish policies to tackle inflation. With the markets resuming trading after a national holiday, the Nikkei …
Read More »Dow Jones touches the target and continues the temporary rise 20/9/2022
Oil, Crude, trading
Read More »CAD Retesting support 20/9/2022
The Canadian dollar achieved the first ascending target published during the latest analysis, at 1.3325, to record the highest level at 1.3344. From the angle of technical analysis today, the Canadian dollar found a strong resistance level around the target level yesterday at 1.3325, which forced it to trade negatively …
Read More »GBP: attacks USD 20/9/2022
Oil, Crude, trading
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