U.S. stock index futures saw minimal movement on Monday, as investors awaited a key Federal Reserve meeting expected to kick off a rate-cutting cycle. As of 5:50 AM ET (9:50 GMT), Dow Jones Futures rose 60 points (0.1%), S&P 500 Futures edged up by 3 points (0.1%), while Nasdaq 100 …
Read More »European Stocks Slip as Traders Eye Fed’s Rate Decision and Key Economic Data
European shares began the week on a cautious note, with the pan-European STOXX 600 index down 0.3% as of 0710 GMT on Monday. Traders are bracing for a highly anticipated rate cut by the U.S. Federal Reserve, with many expecting a larger-than-forecast reduction. All major European markets and most sector …
Read More »Oil Prices Inch Higher Amid Fed Rate Cut Speculation, Weaker China Data Caps Gains
Oil prices saw a slight uptick in early trading on Monday, supported by growing expectations of an interest rate cut by the U.S. Federal Reserve later this week. However, the gains were tempered by ongoing concerns about weak economic data from China and demand uncertainties. Brent and U.S. Crude Prices …
Read More »Gold Hits Record High Amid Fed Rate Cut Speculation and Trump Assassination Attempt
Gold prices surged to a record high in Asian trading on Monday, driven by heightened speculation that the Federal Reserve may cut interest rates more aggressively later this week. Adding to the bullish sentiment for safe-haven assets were reports of a second assassination attempt on Republican presidential nominee Donald Trump, …
Read More »Asian Markets Brace for Federal Reserve Rate Cut Amid Yen Surge
Asian currencies saw muted activity in Monday’s holiday-thinned trade, with regional markets focused on the highly anticipated Federal Reserve meeting this week. While markets in Japan, China, and South Korea were closed for holidays, the Japanese yen made significant gains, hitting an eight-month high, as traders positioned ahead of key …
Read More »Was ECB’S Rate Cut A Risky Gamble for the Euro?
The market is currently focused on the potential policy decisions of the Fed, with strategists believing that the risk of EUR/USD dropping back to 1.10 is high. Market expectations regarding a possible September rate cut from the Fed began to firm up in July, leading to the USD underperforming all …
Read More »US Dollar Weakens as Rate Cut Bets Accelerate
The US Dollar continued its downward trend as investors digested recent economic data and increased their bets on a more aggressive rate cut by the Federal Reserve. The US Dollar Index (DXY) fell, reflecting a weaker greenback against a basket of major currencies.Fed Rate Cut Expectations AccelerateFollowing dovish comments from …
Read More »XAU/USD Hits All-time High as Rate Cut Optimism Accelerates
Gold prices have been on a remarkable ascent, reaching new all-time highs as investors flock to the precious metal amid a confluence of favorable factors. The combination of a weakening US Dollar, rising geopolitical tensions, and increasing expectations for a bolder Fed rate cut has propelled gold prices to unprecedented …
Read More »US Treasury Yields Decline at Week’s End
US Treasury yields decreased on Thursday, influenced by mounting speculation that the Federal Reserve might reduce interest rates by more than previously anticipated. This development has negatively impacted yields on benchmark government bonds, which are less favored in a low-interest-rate environment.Over the past few days, markets have experienced significant uncertainty …
Read More »Growing Fed Rate Cut Optimism Triggers Stock Market Rally
Even while THE PREVALENT market SENTIMENT is becoming increasingly optimistic, it’s crucial to remember that things can change quickly in terms of the economy. Investors ought to exercise caution and keep a close eye on developments. The Fed’s impending rate decision is a key event that could have a big …
Read More »