Markets
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Chart of the Day: EURUSD Awaits US CPI. Inflation Could Determine the Fed’s Next Move
Wednesday’s EURUSD session is primarily focused on anticipation of the day’s most important release: US CPI inflation data. Today’s reading…
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US Inflation Rate Expected to Slow for 2nd Month
The annual inflation rate in the US is expected to slow for a second consecutive month to 3.4% in July…
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FTSE Trades at Weekly Lows While The DAX Advances
FTSE 100 Trades at Over 1-Week Low The FTSE 100 traded within a narrow range of less than 0.5% in…
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US Inflation Key for Markets — Today’s Most Important Data Release of the Week
Wednesday’s trading session in financial markets will be dominated by key consumer inflation (CPI) releases. The main focus for global…
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Trump Claims Full Control of the Strait of Hormuz, but Markets Remain Skeptical
The Wall Street session ended lower, with declines across the broader market. The S&P 500 and Dow Jones fell 0.3%,…
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XAG/USD rises to near $65.40 with US inflation in focus
Silver price rises to near $65.40 ahead of the US CPI data for July. The US headline and core CPI…
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WTI Price – Bulls retain control near 38.2% Fibo.; move beyond $83.00 awaited
WTI trades with a positive bias for the third straight day, close to a nearly two-week high. The US-Iran standoff…
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Politics in Brazil more important than high rates. Why is the BRL weakening and what does it mean for commodities?
Anatomy of the BRL weakness: Politics eats into carry trade Although the Brazilian real offers an exceptionally attractive real interest…
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Asian Stocks Mostly Rise
Asian equity markets mostly advanced on Wednesday, led by a more than 4% surge in South Korea’s KOSPI Composite Index…
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Gasoline Rises to 2-Week High
US gasoline futures rose to around $3.16 per gallon on Wednesday, a two-week high, tracking gains in crude prices as…
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