Tag Archives: FED

The cryptocurrency market witnessed a significant rally ahead of Donald Trump’s inauguration as the 47th president of the United States, with his newly launched digital token, $Trump, taking center stage. The memecoin surged to a market value of approximately $10.8 billion, reflecting heightened investor optimism for a crypto-friendly administration. Memecoin …

Oil prices started the week slightly lower, as markets balanced optimism over tighter supplies against cautious anticipation of U.S. President-elect Donald Trump’s policy announcements. Price Movements Brent crude futures for March delivery fell 0.2% to $80.61 a barrel. WTI crude futures dipped 0.1% to $77.31 a barrel.This decline follows four …

The dollar steadied on Friday, but was on track to end the week lower after a six-week winning streak, while investors turned their focus to Donald Trump’s presidential inauguration and awaited the incoming administration’s policies. Earlier during the North American session, the US Dollar was easing in the last trading …

The US Federal Reserve is expected to hold interest rates steady on January 29 and resume cutting in March, according to a slim majority of economists polled by Reuters. The survey, taken before President-elect Donald Trump’s inauguration, suggests lingering inflation pressures may allow the Fed to cut rates once more. …

Oil prices experienced a slight decline, driven by a convergence of factors. A potential ceasefire agreement in the Red Sea, aimed at halting Houthi attacks on shipping, has eased maritime security concerns and reduced geopolitical risk premiums. This development, coupled with a recent agreement between Israel and Hamas to end …

Gold prices surged above the $2,700 mark on Thursday and is trading even above this level, at $2,714 at the timee of writing. This bold price action is certainly fueled by a weaker US Dollar and declining US Treasury yields. This rally comes amidst mixed economic data from the United …

The Euro has capitalized on the US Dollar’s decline, which fell below the 109.00 mark on the US Dollar Index, a measure of the greenback’s performance against a basket of six major currencies. This occurred despite the outcome of the European Central Bank’s December meeting.The Euro/Dollar pair rose to 1.0301, …

US Dollar weakened on Wednesday, extending its recent corrective decline. The release of the December Consumer Price Index (CPI) report, which largely met market expectations, provided further impetus for the dollar’s weakness. This fueled speculation that the Federal Reserve may maintain its current interest rate stance, potentially opening the door …

Financial markets experienced a significant downturn after the release of the December jobs report. This was largely due to a surge in the dollar and bond yields, but anticipation of the upcoming Consumer Price Index (CPI) inflation report for December likely also played a role.Base effects could cause year-on-year inflation …

Producer prices in the U.S. increased at a more moderate pace in December, suggesting a potential easing of inflationary pressures that could influence the Federal Reserve’s monetary policy decisions in 2024. Key Highlights PPI Growth: The Producer Price Index (PPI) for final demand rose 0.2% month-on-month, below November’s 0.4% increase …