West Texas Intermediate (WTI) futures on NYMEX look set to close the week on a bearish note, as the crude oil price extended its losing spree for the fifth trading session on
The GBPUSD pair remains confined around 1.2710 during Asian trading on Wednesday. Financial markets await fresh impetus, with the release of the UK Consumer Price Index (CPI) and FOMC Minutes due on Wednesday. Federal
EURUSD was stuck in a tight range near 1.0850 in Tuesday’s European trading. The major currency pair is expected to continue its sideways performance as the US Dollar stabilises ahead of the
The EURUSD pair is clinging to gains near 1.0900 in Monday’s European trading, as the major currency pair remains in bullish territory due to investors’ higher risk appetite. The Euro has performed
By Craig Erlam This is not the U.S. inflation report that the Federal Reserve wanted to see and markets responded accordingly late on Tuesday. Inflation in January was hotter than expected across
By Mark Haefele The Federal Open Market Committee (FOMC) voted unanimously to keep rates unchanged on Wednesday in a target range of 5.25% to 5.5%. The pause was widely expected and marked
By Moody’s Analytics Borrowing from the Federal Reserve’s emergency facility put in place after the failure of Silicon Valley Bank, the Bank Term Funding Programme, has risen sharply since late November. Just
By Craig Erlam The first US jobs report of the year was an early reminder to investors that things don’t always go their way, despite the experience of the last couple of
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
