Federal Reserve Chair Jerome Powell is expected to be extra hawkish in his key policy speech on Thursday amid growing concerns over surging oil prices, driven by the Israel-Hamas war, which could
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
US Consumer Price Index (CPI) data published Thursday supports the case that the Federal Reserve will likely implement one more interest rate hike, according to the CEO of a leading financial advisory
By Edward Moya US stocks shrugged off a hot PPI report and focused on the latest Fed speak that had two hawks dial down dial the immediate need for further tightening. Stocks
By Han Tan, Chief Market Analyst at Exinity Group Markets will be looking to the incoming FOMC minutes and US CPI data for more signals on the Fed policy outlook. Should either
By Craig Erlam Equity markets are bouncing back on Tuesday after a risk-averse start to the week, buoyed perhaps by some promising Fed commentary on Monday. It would appear the recent surge
By Craig Erlam Equity markets edged higher in the run up to the US jobs report on Friday, a release that could set the tone in the markets ahead of next month’s
By Lukman Otunuga, Senior Market Analyst at FXTM Asian shares staged a rebound on Thursday following the broadly positive cues from Wall Street overnight as plunging oil prices and weak US jobs
By Craig Erlam We’re seeing plenty of different approaches from central banks as they wrap up their tightening cycles, with the Bank of England on Thursday surprising with a hold, while not
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.
