Tag Archives: rate cuts

As a result of recent weaker than expected US data, particularly from last week and the first two days of the current new trading week, worries and concerns have surfaced regarding the likelihood that the US economy could slide into a deep slowdown in the near future. Investors first thought …

Tuesday sees a tug in both directions for crude oil. Recent rate cut hopes are sparked by the US PMIs. Equities that are associated with risk are boosted as markets welcome the slowing US economy that could mean looming interest rate cuts. Tuesday’s start for West Texas Intermediate crude oil …

The Canadian dollar has recovered following softer US Purchasing Managers Index figures, which have boosted market hopes that the US domestic economy will soften enough to prompt the Federal Reserve to consider rate cuts. Canada’s latest Retail Sales figures are due on Wednesday, while the broader market focus will be …

The US dollar closed the week’s trading with a -0.30% decline, attributed to a surge in risk appetite. Treasury yields rose amid the Federal Reserve’s cautious approach to rate cuts and inflation data. The dollar’s strength is attributed to persistent inflation concerns, despite global market trends. The US Dollar Index …

On Monday, during a calm North America session, gold price was able to climb up 0.24& to $2017.50, driven by US inflation surpassing forecasts. Given that the USD has declined since last Tuesday, gold’s appeal is increased by the decreased probability of impending Fed rate cuts. In the meantime, traders …

US Stocks are little changed on Friday after another hot inflation report stoked fears that Federal Reserve rate cuts may not arrive until later than anticipated this year. The S&P 500 and Dow Jones Industrial Average teetered around the flatline, while the Nasdaq Composite slid 0.2%. The producer price index …

The US Dollar Index is trading neutrally at 104.15 on Wednesday, while markets assess several Fed officials’ statements to continue placing their bets on rate policy path at the next few Federal Open Market Committee meetings.The Dollar Index steadied around 104.15 on Wednesday. Remarks and comments by Fed’s Collins, Kashkari …

Federal Reserve Governor Adriana Kugler said on Wednesday that she is pleased with the great progress on inflation and added that she is optimistic that the progress will continue, per Reuters.These comments do not have an immediate impact on the performance of the US dollar versus major rival currencies. At …

Gold prices maintained their position near a one-week low on Thursday, as they grappled with the influence of a resilient dollar and escalating bond yields. The market’s focus was primarily directed towards the impending release of US GDP data and the outcome of the European Central Bank’s (ECB) monetary policy …

Gold prices are experiencing a global decline in current trading moments on Monday. Traders are eagerly awaiting the release of the Federal Reserve’s preferred inflation measure later this week, a factor that could impact the central bank’s decisions on interest rates and market expectations for the upcoming weeks. Last week, …