By Moody’s Analytics The details to April’s U.S. consumer price index were more favourable than the topline figure would suggest at first glance. Excluding food and energy, the CPI was up 0.4%
By Craig Erlam A day after the Bank of England upgraded growth and inflation forecasts for the UK, economic data confirmed on Friday the country posted growth (just) in the first quarter,
By Craig Erlam The Bank of England hiked interest rates by another 25 basis points on Thursday, taking the base rate to 4.5% while making significant tweaks to their economic forecasts. The
By Jameel Ahmad, Chief Analyst at CompareBroker.io There were no surprises that the Bank of England increased interest rates once again on Thursday. It was widely expected, and they were raised 25
Bitcoin, the premier cryptocurrency, had an impressive 72.4% quarter-over-quarter gain in Q1 2023, according to a BitcoinCasinos.com report, compared to the NASDAQ index that jumped 15.7%, while gold had an 8.4% increase. Buoyed by positive inflation
China is increasingly expanding its gold reserves and ditching the dollar in moves that could have implications on investments, the CEO and founder of a leading financial advisory and fintech has warned.
By Han Tan, Chief Market Analyst at Exinity Group The incoming US inflation report is set to be a major telltale sign on the Federal Reserve’s next move. Wednesday’s top tier data
By Craig Erlam We saw a slightly softer trading session on Tuesday as investors eye crucial inflation data on Wednesday. We’ve finally reached the point at which the Federal Reserve may be
By Jameel Ahmad, Chief Analyst at CompareBroker.io Tuesday’s attention is directed at Washington with the White House set to meet with Congress after more warnings from former Fed Chair and current Treasury
By Lukman Otunuga, Senior Research Analyst at FXTM Asian markets were a mixed bag on Tuesday as caution kicked in ahead of Wednesday’s key US inflation report, although Chinese shares rose after
