• August 12, 2024

BOE to Get Another Reason for Caution as Inflation to Pick Up

(Bloomberg) -- UK inflation is expected to pick up for the first time in 2024 in new data that’s likely to keep Bank of England policy makers wary about pushing ahead with further interest rate redu...

Read More

• August 11, 2024

Oil Steady After Weekly Gain as Traders Watch for Iran Reprisal

(Bloomberg) -- Oil was steady after its first weekly gain since early July, with the market still waiting for Iran’s response to last month’s assassination of a Hamas leader in Tehran. Brent crud...

Read More

• August 10, 2024

Small US Inflation Pickup Won’t Derail a Fed Rate Cut in September

(Bloomberg) -- US inflation probably picked up modestly in July, but not enough to derail the Federal Reserve from a widely anticipated interest-rate cut next month. The consumer price index on W...

Read More

• August 10, 2024

Fed's Bowman: Rate cuts will be needed if inflation keeps falling

(Reuters) - Federal Reserve Governor Michelle Bowman softened her usually hawkish tone ever so slightly on Saturday, noting some further "welcome" progress on inflation in the last couple months eve...

Read More

• August 10, 2024

Charting the Global Economy: Wild Week in Markets Ends Quietly

(Bloomberg) -- A week that started off with a $6.4 trillion global stock rout and a broad rally in bonds ended relatively quietly, calming from historic volatility triggered in part by the prior wee...

Read More

• August 9, 2024

BlackRock’s Wei Li Sees Risk of Donald Trump Challenging Fed’s Independence

(Bloomberg) -- Treasury investors should consider the possibility of a Donald Trump presidency after the Republican candidate said he would look to influence US monetary policy if elected, according...

Read More

• August 9, 2024

Bitcoin (BTC) Testing Technical Resistance, Gold (XAU) Nudging Higher

Bitcoin (BTC) Testing Technical Resistance, Gold (XAU) Nudging Higher Bitcoin rally hits moving average resistance. Gold within $60/oz. of posting a fresh all-time high. ...

Read More

• August 9, 2024

Brazil Inflation Speeds Up Again, Piling Pressure on Central Bank

(Bloomberg) -- Brazil’s annual inflation accelerated to the upper limit of the target range, dealing another blow to the central bank as it works to contain price pressures spreading throughout Lati...

Read More

• August 9, 2024

Fed's Collins Sees Rate Cuts ‘Soon’ If Inflation Keeps Falling

(Bloomberg) — The US Federal Reserve could soon begin easing interest rates if inflation continues on its downward path amid a strong labor market, Boston Fed President Susan Collins said in an inte...

Read More

• August 9, 2024

Retail Sentiment Analysis – EUR/USD, GBP/USD and USD/JPY Latest

EUR/USD Retail Sentiment Analysis Recent data shows a shift in trader positions for EUR / USD . While 38.16% of traders are long, the short-to-long ratio is 1.62:1. Long positio...

Read More