By Moody’s Analytics President Biden and House Speaker Kevin McCarthy announced over the Memorial Day Weekend an agreement in principle to limit federal spending and suspend the debt limit. The House of
By Edward Moya A red-hot labour market remains and that should keep the pressure on the Fed, which will also delay second half of the year recession calls. The May jobs report
By Craig Erlam A debt ceiling fiasco was averted late in the day and markets are ending the week on a positive note, as traders turn their attention to the US jobs
By Han Tan, Chief Market Analyst at Exinity Group Stock markets are finding some relief after the US debt limit deal was approved by the House, with the Senate’s vote now set
The US Federal Reserve is likely to pause interest rate hikes in June, which will be welcomed by markets, according to the CEO and founder of leading financial advisory and fintech deVere
By Craig Erlam Equity markets were broadly lower on Tuesday as traders monitor debt ceiling talks in Washington, take note of new IMF forecasts, and hear fresh warnings from the Saudi Energy
By Lukman Otunuga, Senior Research Analyst at FXTM Asian markets gave up earlier gains on Tuesday as investors adopted a cautious stance after US debt ceiling negotiations ended “productive talks” without a
By Jameel Ahmad, Chief Analyst at CompareBroker.io From an economic data perspective, the main focus on Tuesday is the flash PMI readings from across Europe. The looming shadow in the background is
Stock markets could experience a rally this week as investors look for clues on the US Federal Reserve’s policy path on interest rates, but caution is still required, said the CEO of
By Jameel Ahmad, Chief Analyst at CompareBroker.io Expect the last full trading week of May to be dominated by nothing but US debt ceiling updates. This is the drum that I would
