By Craig Erlam It’s been a relatively slow start to trading on Wednesday which isn’t surprising considering what’s to come later in the day. On another day, earnings from Alphabet and Microsoft
By Craig Erlam Inflation, income and spending data for the US was released on Friday and broadly speaking the numbers were in line with expectations, with one outlier. Spending last month increased
By Craig Erlam Stock markets ended the week on a high, buoyed by weaker PPI readings from the US that suggest inflation will keep falling in the coming months. The PPI data
By Craig Erlam Stock markets spent a second day in the red, continuing the softer start to the year as traders were waiting for the minutes from the December FOMC meeting that
By Naeem Aslam Gold prices are higher on the first trading of the year as investors continue to remain optimistic on the back of the potential Fed’s monetary policy moves. Gold
By Naeem Aslam Gold started the week on a positive note with the price trading above the critical level of $2,000 widely considered as an important support level. The question that
The US dollar is likely to “consistently weaken” throughout 2024 as the Federal Reserve winds up its aggressive interest rate hiking agenda, said the CEO and founder of a leading independent financial
Financial markets are likely to rally in November and December, despite recent corrections and weak investor sentiment, predicts the CEO and founder of a leading independent financial advisory and fintech. “History shows
By Edward Moya US stocks were lower Thursday after hot inflation and claims data kept the risk of more Fed rate hikes on the table. The labour market refuses to break and
By Han Tan, Chief Market Analyst at Exinity Group Risk sentiment was forced to turn lower as the Federal Reserve delivered its higher-for-longer messaging to markets, projecting fewer-than-anticipated rate cuts for 2024.
