Higher-for-longer interest rates are likely to remain central banks’ main strategy for the rest of this year, the CEO of a leading financial advisory and fintech has warned. Equities fell and Asian
By Han Tan, Chief Market Analyst at Exinity Group The FOMC is widely forecasted to leave its benchmark rates unchanged on Wednesday. Federal Reserve Chair Jerome Powell is also expected to convey
By Naeem Aslam US and European stock futures are trading flat ahead of an important economic event that has all traders fully engaged: the US CPI number. So far this week, the
By Craig Erlam It’s been a positive start to trading on Thursday, with European stocks up around 1% and US futures not far behind. Whether that will last to the end of
By Naeem Aslam US and European futures are trading modestly lower, while investors are on the watch for the most important piece of economic data for this week, which is the US
By Jameel Ahmad, Chief Analyst at CompareBroker.io Anyone hoping that we were going to get an indication on the future outlook of US interest rate policy from the monthly United States employment
By Jameel Ahmad, Chief Analyst at CompareBroker.io Following a lack of information from the Federal Reserve regarding the US interest rate outlook moving forward, attention once again turned towards resumed selling in
US CPI data is likely to show on Wednesday that inflation has peaked and the Federal Reserve must stop interest rate hikes from next month, warned the CEO of a leading independent
Treasury Secretary Janet Yellen said on Sunday that the U.S. federal government will not provide a bailout for Silicon Valley Bank’s investors after the bank was abruptly shuttered, but said financial regulators are “concerned”
By Craig Erlam Investors are taking a cautious stance ahead of Friday’s jobs report, a little spooked by Jerome Powell’s comments in Congress and fearful of being caught on the wrong side
