Economic reports this week will provide key insights into inflation, employment, and monetary policy across China, the UK, the US, and the Eurozone. These indicators are expected to shape upcoming central bank decisions and offer a glimpse into the health of global markets. Monday: China’s Inflation China’s Consumer Price Index (CPI) is projected to rise […]
Dollar in the U.S. remained stable on Tuesday as investors looked ahead to crucial economic data, including Friday’s U.S. payrolls report, which could confirm an interest rate cut by the Federal Reserve later this month. As of 04:05 ET (09:05 GMT), the Dollar Index, which tracks the dollar against a basket of six major currencies, […]
Oil prices climbed about 3% to a one-week high on Monday, driven by hopes of rising summer fuel demand despite a stronger U.S. dollar and expectations that the U.S. Federal Reserve will maintain higher interest rates. The Fed raised rates aggressively in 2022 and 2023 to control inflation, increasing borrowing costs for consumers and businesses, […]
Crypto markets could face turbulence ahead with a busy week looming on the United States economic calendar, primarily due to a pivotal Federal Reserve interest rate decision. Wednesday, June 12 is drawing significant attention as it marks the U.S. central bank’s interest rate policy decision. Yet, it’s expected that the Federal Reserve will maintain interest […]
Forex markets remained relatively subdued on Tuesday, as major currency pairs showed limited movement within tight ranges. The day saw the US Dollar experiencing a modest uptick, against a backdrop of cautious sentiment prevailing in both Asian and European markets. Despite this, Wall Street managed to eke out modest gains ahead of the anticipated release […]
Cryptocurrency market participants are paying close attention to Federal Reserve speeches and other economic developments this week, which could impact market sentiment in the current volatile climate. Last week, the cryptocurrency market experienced a notable rebound, and market participants are now anticipating important events this week. Given the recent mixed economic data and the Fed’s […]
Aluminum prices continued their upward trajectory during the first weeks of April, repeatedly surpassing previous highs. This included breaching the $2,400/mt mark in the first week of Q2, edging closer to their peak in 2023. Currently at $2,454/mt, if aluminum prices exceed their January 18, 2023 peak of $2,662/mt, it could signal the end of […]
With a 10% increase in the S&P 500 during the first three months of the year, marking record highs on 22 days, what’s the next move? Looking ahead, the market could be propelled further by upcoming earnings announcements from major US corporations. These reports, along with forecasts for the next quarter and the entire year, […]
The UK’s FTSE 100 made slight gains on Monday, driven by increased crude prices lifting energy stocks, although investors’ wariness ahead of domestic inflation data and key central bank decisions tempered the rise. Energy shares (FTNMX601010) advanced by 0.8%, in sync with the rise in crude prices, fueled by the perception of tightening supply, consequently […]
