The University of Michigan Consumer confidence survey for March plunged to 57.9 versus the estimate of 63 and 65.7 in the month prior. And yet, inflation expectations in the same survey hit a 32-year...
Dollar gains as Fed in no rush to lower rates Focus turns to speeches by Goolsbee and Williams SNB cuts interest rates, BoE remains on hold Wall Street pulls back, oil gains on Iran...
The Federal Reserve’s Federal Open Market Committee (FOMC) held the line on interest rates at its meeting this week, which came as no surprise to the vast majority of investors. But in the FOMC’s...
Gold Corrects Slightly, but Bullish Trend Remains Intact The gold (XAU) price retreated slightly by 0.09% on Thursday after reaching a record peak in the previous trading session. Gold's bullish...
Stocks had another choppy session yesterday, but that will likely change today with the passing of quarterly options expiration. The market has been pinned between 5,600 and 5,700 all week. However,...
Stocks were rising on Wednesday afternoon following the Federal Open Market Committee’s (FOMC’s) meeting on the federal funds rate. The FOMC did not make any changes to rates, holding them at the...
Fed keeps rates unchanged as Chair Powell calms markets Forecasts point to stagflation and 50bps cuts in 2025 Positive equity reaction, but Trump’s rhetoric could reverse sentiment BoE in the...
Gold Rally Doesn't Lose Bullish Momentum The gold (XAU/USD) price gained 0.44% on Wednesday, fuelled by the prospect of Federal Reserve (Fed) rate cuts and safe-haven buying due to trade tariffs...
