US stocks and oil prices declined in choppy trading on Monday, even as the dollar and Treasury yields rose, as Wall Street digested a raft of what it read as negative macroeconomic news.With markets already jittery from central bank signals of additional interest rate hikes, U.K. government fiscal plans released …

The GBP/USD pair is at the lowest level since the European session following a statement from the BoE amid risk aversion. The pair is back into negative territory trading around 1.0676, at the time of writing down almost 200 pips from Friday’s close at 1.08504.On Asian hours the pound suffered …

The European Central Bank (ECB) Governing Council member and German central bank head Joachim Nagel said on Monday that decisive rate hikes are needed amid rising risks of inflation expectations getting de-anchored.“The risk that long-term expectations get de-anchored remains high,” Nagel explained. “Further decisive action is required to bring the …

Brent crude futures briefly consolidated above the $86 per barrel mark, before the price fell to around $85. At the time of writing, Brent is trading at $85.25 versus Monday’s opening price at $86.11 after departing the eight-month low of $84.6, supported by concerns about further supply disruptions, particularly those …

The Dallas Fed manufacturing index for September 2022 fell to -17.2 versus the prior reading of vs -12.9. Order rate has decreased over the past month. We are only working four days on some of our equipment. Although new orders did surge, there are still several uncertainties and key issues …

Capital controls and currency intervention will be among tools emerging Asians can use if rapid US interest rate hikes and the surging dollar force the risk of falling in a debt crisis. So, it is appropriate and helpful to compose the comprehensive picture of financial assets’ performance, last week from …

After FOMC had turned more hawkish on Wednesday, several waves began to sweep across financial markets on Thursday and also on Friday. Some major central banks are not able to cope with the Fed, this is why the US dollar is soaring and continues to strengthen with the Dollar Index …

Gold price stumbled to thirty month low at $1638.90 on Friday before it turned back to trade at $1643 per ounce at the time of writing versus Thursday’s closing price at $1670.95. Volatility in the markets and dramatic FX plays did not leave gold untouched as the precious metal fell …

The stock market has experienced two rough weeks, ending recently with a warning from FedEX about an imminent slump in the global economy that sent shares to the red territory.FedEx is but one business among millions of companies across the world, especially in the advanced countries. Transportation stocks are giving …

THE USD/CHF pair has extended its weekly gains to 1.98% after the Fed and SNB monetary policy decisions. The major break above the 0.9600-0.9700 range, registering a fresh weekly high at 0.9851.The pair advanced during Friday’s US session, gaining 0.60%, courtesy of a risk-off impulse spurred by fears of a …