Tag Archives: Jerome Powell

In defiance of prevailing concerns over escalating interest rates and anticipated delays in their mitigation until mid-year, US stocks have orchestrated a resolute ascent since the dawn of 2024. Amidst a landscape where inflation remains static, yet optimism for its eventual ebb extends, the stock market has burgeoned, boasting a …

The cryptocurrency market is consolidating, and Bitcoin appears to be on the rise. With the price dropping and now trading at $63,085, there may be a change in the market structure that favours bulls. The trend line that links the all-time high of $73,949 and ensuing lesser highs should be …

“Mohammed Hashad, Head of Research and Development at Noor Capital and a distinguished member of the US Association of Technical Analysts, provided insightful commentary and thorough analysis on the latest market dynamics and key asset performances in an exclusive interview with Dubai TV.” Interest Rate Decision of the Bank of …

Oil futures surged on Monday following Saudi Arabia’s decision to increase crude prices for most regions in June, coinciding with escalating tensions in the Gaza Strip, raising concerns about a broader conflict in the major oil-producing area. At 0852 GMT, Brent crude futures climbed by 73 cents, or 0.9 percent, …

The dollar was broadly stable on Monday, May 6, after a report showed a slowdown in job growth in the United States, and raised hopes that the US Federal Reserve would cut interest rates this year, while the yen fell after a wave of volatility resulting from what is believed …

Today marks the eagerly anticipated release of the most crucial US employment data, the Non-Farm Payrolls (NFP) report, promising insights into the economic landscape of the United States. Anticipation looms large as expectations lean towards a notable deceleration in job growth, counterbalanced by a projected stability in the unemployment rate …

The US Dollar Index, or DXY, was trading slightly higher at 105.80 earlier on Thursday. Despite cautious words made by Fed Chair Jerome Powell regarding inflation and its unclear future trajectory, the dollar saw a brief upward momentum. Weekly Jobless Claims data appear to be helping the dollar, which is …

Federal Reserve Chairman Jerome Powell explains the decision to leave the policy rate, federal funds rate, unchanged at the range of 5.25%-5.5% and responds to questions in the post-meeting press conference.In its policy statement, the Fed said that there has recently been a lack of further progress toward the 2% …

The Federal Open Market Committee decided to keep interest rates unchanged at its meeting that concluded today, Wednesday, and investors and observers are awaiting the press conference held by Federal Reserve Chairman Jerome Powell in an attempt to obtain guidance on the future interest rate path and the central bank’s …

Mohammed Hashad, Head of Research and Development at Noor Capital and member of the US Association of Technical Analysts, commented and analyzed the most prominent market developments and the performance of the most important assets, in an interview on Dubai TV. US Interest Expectations, Federal Reserve Decisions:Asked about his expectations …