FTSE in focus after weak retail sales The FTSE is looking to a softer start after a mixed session on Wall Street. The Fed shift continues to work its way through the market. The US Dollar trades at a 2 month high, however base commodities are recovering from recent weakness which could support the FTSE …
FTSE in focus after weak retail sales The FTSE is looking to a softer start after a mixed session on Wall Street. The Fed shift continues to work its way through the market. The US Dollar trades at a 2 month high, however base commodities are recovering from recent weakness which could support the FTSE …
The prices of commodities were falling sharply on Thursday, cutting into months of gains and weighing on equity markets, as China takes steps to cool off rising prices and the U.S. dollar strengthens. The decline in commodities was widespread, with futures prices for palladium and platinum falling more than 11% and 7%, respectively, along with declines of nearly 6% …
Commodities from copper to corn tumble on China crackdown, rising dollar Read More »
The prices of commodities were falling sharply on Thursday, cutting into months of gains and weighing on equity markets, as China takes steps to cool off rising prices and the U.S. dollar strengthens. The decline in commodities was widespread, with futures prices for palladium and platinum falling more than 11% and 7%, respectively, along with declines of nearly 6% …
Commodities from copper to corn tumble on China crackdown, rising dollar Read More »
The prices of commodities were falling sharply on Thursday, cutting into months of gains and weighing on equity markets, as China takes steps to cool off rising prices and the U.S. dollar strengthens. The decline in commodities was widespread, with futures prices for palladium and platinum falling more than 11% and 7%, respectively, along with declines of nearly 6% …
Commodities from copper to corn tumble on China crackdown, rising dollar Read More »
LONDON — England’s top medical officer has warned that the coming winter will continue to be difficult for the country’s health system despite the country’s successful coronavirus vaccination program. A further easing of lockdown restrictions in England was delayed this week due to a surge in cases of the delta variant first discovered in …
EUR/USD, GBP/USD, and USD/JPY fall back towards key support Read More »
LONDON — England’s top medical officer has warned that the coming winter will continue to be difficult for the country’s health system despite the country’s successful coronavirus vaccination program. A further easing of lockdown restrictions in England was delayed this week due to a surge in cases of the delta variant first discovered in …
EUR/USD, GBP/USD, and USD/JPY fall back towards key support Read More »
SHANGHAI, June 18 (Reuters) – Asian shares extended losses and the dollar crept up to near two-month highs on Friday after the U.S. Federal Reserve this week projected higher interest rates in 2023. While the Fed indicated no clear end to supportive policy measures such as bond buying, signals of faster-than-expected rate hikes underscored …
GLOBAL MARKETS-Asian shares slip, dollar up on higher rates outlook Read More »
SHANGHAI, June 18 (Reuters) – Asian shares extended losses and the dollar crept up to near two-month highs on Friday after the U.S. Federal Reserve this week projected higher interest rates in 2023. While the Fed indicated no clear end to supportive policy measures such as bond buying, signals of faster-than-expected rate hikes underscored …
GLOBAL MARKETS-Asian shares slip, dollar up on higher rates outlook Read More »
The shift in the Fed’s approach is undoubtedly significant and justified a large move in the dollar. EUR/USD is already more than 200 pips below pre-decision levels. However, it is time for a correction. Yields reverse course “In the past few months, the dollar’s moves have been correlated with returns on US Treasury yields. In response …
EUR/USD: Three reasons for an upward correction after the Fed-fueled downfall Read More »