Australian Dollar reverses as Iran risks lift USD ahead of Fed minutes
The Aussie Dollar reversed its course against the Greenback on Tuesday as investors remain uncertain of the outcome of the Middle East conflict, which tends to push energy prices higher,…
Read More »US inflation the main focus in the day ahead
There’s only one game in town for markets today. And no, it isn’t France versus Spain sadly. The trading day ahead will center around the US CPI report for June,…
Read More »Federal Reserve set to keep interest rates unchanged as Warsh era begins
The United States (US) Federal Reserve (Fed) announces its interest rate decision on Wednesday, another pivotal meeting for markets to gauge the stance of policymakers and new Chair Kevin Warsh…
Read More »RBA leaves cash rate unchanged at 4.35% in June monetary policy meeting, as expected
Prior 4.35% Decision today was unanimous Headline and underlying inflation are still too high Heightened uncertainty remains on economic and inflation outlook Resolution of the conflict in the Middle East…
Read More »investingLive Americas FX news wrap 15 May: Powell exits as inflation fears roar
US major indices close lower. Declines today erase the week’s gains. Powell exits after one of the wildest Fed eras in history Gold tumbles lower today on the back of…
Read More »Germany wholesale prices push higher in April as Middle East conflict reverberates
Wholesale prices +2.0% m/m Prior +2.7% Wholesale prices +6.3% y/y Prior +4.1% It’s no surprise as we’re seeing this spread through to all parts of the economy, such as producer…
Read More »Gold falls to near $4,450 as inflation fears and rate hike prospects weigh on demand
Gold price (XAU/USD) tumbles to around $4,460 during the early Asian trading hours on Monday. The precious metal remains under selling pressure amid a stronger US Dollar (USD), rising bond…
Read More »UBS upgrades Orlen to “neutral” as Middle East conflict boosts energy prices
Original source: https://www.investing.com/news/stock-market-news/ubs-upgrades-orlen-to-neutral-as-middle-east-conflict-boosts-energy-prices-4572903
Read More »US March PPI +2.7% vs +3.3% expected
Prior was +3.2% PPI -0.4% m/m vs +0.2% expected Ex food and energy +3.3% y/y vs +3.6% expected Ex food and energy -0.1% m/m vs +0.3% expected Ex food, energy…
Read More »UK Consumer Confidence Edges Higher in March but Remains Fragile
UK consumer confidence improved slightly in March, with the GfK Consumer Confidence Index rising to -19 from -20, marking a three-month high. Despite this modest gain, sentiment remains below the…
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