The financial markets have been wildly volatile this week, with notable swings in the price of gold, Bitcoin, and the British pound (GBP) caused by a variety of circumstances. Let’s examine the main forces at work in their performance and look forward.Dynamic Interplay The complex interplay among economic data, expectations …

US bond yields have continued to decline since the opening of trading on Wall Street, affected by the latest US inflation reading; the CPI data, that highlighted a continued decline in price growth in the United States last June.The data issued Thursday raised speculation that the Federal Reserve may seriously …

Federal Reserve Bank of St. Louis President Alberto Musalem noted on Thursday that while the disinflation process is ongoing, the Fed policymaker would like to see more progress and highlighted that recession risks remain low.Key QuotesHigh interest rates are pressuring parts of the economy.The disinflation process is ongoing.I see the …

US inflation fell Thursday to levels below market expectations, according to data released by the US Bureau of Labour Census. The decline in inflation favors expectations of a rate cut, especially after Federal Reserve Chairman Jerome Powell’s testimony on economic conditions before the US Congress.The US consumer price index fell …

Federal Reserve Bank of San Francisco President Mary C. Daly acknowledged improving inflation figures on Thursday but warned that shelter inflation and labor remain sticking points, and that expectations of three rate cuts may be an overreaction.Key QuotesThe economy looks to be on a path where one or two rate …

Amid lower US Treasury yields, the USD Index (DXY) maintained the vacillating attitude just over the 105.00 level. The weekly Initial Jobless Claims report, lectures by Fed members Cook and Bostic, and the announcement of the US Inflation Rate take center stage on July 11. The EUR/USD pair somewhat recovered …

Gold surges amid growing expectations of Fed rate cuts in September. US 10-year Treasury yield drops to 4.288%, while US Dollar Index falls below 105.00. Inflows into Gold ETFs support the metal, with eyes now on US June inflation data and economic indicators.Gold price escalated on Wednesday for back-to-back days …

The S&P 500 climbed to a fresh record on Wednesday, breaking above 5,600 for the first time due to a sharp rise in semiconductor stocks. The broad market index jumped 1.02%, closing at 5,633.91 and notching a seventh straight day of gains. The Nasdaq Composite advanced 1.18%, also hitting an …

The Eurozone debt crisis, which began in 2009, was triggered by high levels of public debt, particularly in countries grouped under the acronym “PIIGS” (Portugal, Ireland, Italy, Greece, and Spain). The crisis followed the global financial downturn that started in 2008. When the US housing bubble burst, banks worldwide faced …

Federal Reserve Chair Jerome Powell’s recent testimony before the House Financial Services Committee and the Senate Banking Committee was closely watched by investors, economists, and policymakers. As the U.S. economy faces a delicate balancing act between inflation, employment, and financial stability, Powell’s remarks offer critical insights. In this comprehensive article, …