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Recent changes in trader sentiment, driven by new economic data and media reports, indicate that the Federal Reserve might lean towards a bigger interest rate cut. As the chances of a 50-basis-point cut increase, the US dollar has weakened, and …
The Australian and New Zealand dollars gained strength on Thursday, buoyed by a recovery in global stock markets and growing expectations of a rate cut from the European Central Bank (ECB), which helped improve risk appetite. Markets are mainly anticipating …
As we hit midweek, Wednesday, 11 September 2024, brings some important economic data and developments that could stir up market movements. Investors remain cautious, keeping a close eye on inflation and central bank signals as key events unfold. KEY INDICATORS …
Gold prices remained steady on Tuesday as investors awaited critical US inflation data, which could influence the Federal Reserve’s upcoming monetary policy decisions. Key reports, including the Consumer Price Index (CPI) and Producer Price Index (PPI), expected later this week, …
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