US stock futures rose on Thursday after a mixed session on Wall Street as investors digested more quarterly reports against a backdrop of elevated inflation and further monetary tightening. Dow futures edged up 0.3% S&P 500 futures gained 0.4% and...
US stock futures rose on Thursday after a mixed session on Wall Street as investors digested more quarterly reports against a backdrop of elevated inflation and further monetary tightening. Dow futures edged up 0.3% S&P 500 futures gained 0.4% and...
Gold Price is in a narrow consolidative range so far this Thursday having stalled its rebound just shy of the key $1960 level.Gold Price could see further downside risks in the near term on an increasingly hawkish Fed which has...
WTI crude futures bottomed around $101 per barrel a dramatic reversal from its daily highs of $104 as investors weighted a weakening global economic outlook and concerns about subdued demand in top consumer China against tighter supplies from Russia and...
The Australian dollar rose toward $0.74 on April 19 after sliding for three straight sessions as minutes of the latest Reserve Bank of Australia meeting suggested it was edging closer to raising interest rates for the first time in more...
The British pound hovered around $1.30 close to a 17month low of $1.297 on April 13th as high inflation pressures arising from soaring energy prices are hurting households purchasing power and squeezing their finances. The latest UK CPI report showed...
The euro depreciated to below the $1.08 level for the first time since May 2020 on uncertainty about the timing of interest rate hikes in the Euro Area. The ECB said that any adjustments to interest rates will take place...
The Swiss franc notched a 12month low of 0.946 per USD pressured by a strong dollar after large inflation figures strengthened market expectations of a 50bps rate hike by the Fed and the start of its balance sheet runoff process....
USDJPY is fading a spike to 128.48 highs after the Bank of Japan (BOJ) intervened in the bond market to defend the yield cap at 0.25% for another day.The BOJ offered to buy unlimited 10year Japanese government bonds (JGBs) at...
US stock futures retreated on Wednesday as Treasury yields climbed higher on expectations of a more aggressive Federal Reserve tightening to tame soaring inflation while Netflix tanked on disappointing results. Dow futures inched lower by 0.1% while S&P 500 and...