The market has adjusted its views of how the Federal Reserve will raise interest rates
The Federal Reserve building is seen before the Federal Reserve board is expected to signal plans to raise interest rates in March as it focuses on fighting inflation in Washington, January 26, 2022. Joshua Roberts | Reuters The Federal Reserve...
Stock Markets Rebound But Uncertainty Remains
You get the feeling that investors are not quite sure what to do today. The markets managed to bounce back sharply from their lows on Tuesday and that momentum carried forward at the start of today’s session, before easing off...
WTI Oil Outlook: Oil Prices Remain at the Back Food on Fading Supply Concerns but Biased Higher above $90
WTI oil consolidates on Wednesday following a 2.4% drop on Tuesday, after concerns about the disruption of oil supplies on the first wave of US and European sanctions on Russia eased. Also, the signals of potential return of Iranian oil...
Aussie Surges as Risk Sentiment Improves, Euro and Sterling Shrugs Hawkish Comments
The markets are generally trading in risk-on mode today. New Zealand Dollar is leading commodity currencies higher, with additional boost from hawkish RBNZ rate hike. Australian Dollar is following closely, then Canadian Dollar. on the other hand, Yen and Dollar...
Stock futures inch higher after S&P 500 closes in correction
U.S. stock market futures were modestly higher in overnight trading Tuesday after the S&P 500 closed in correction territory amid escalating tensions between Russia and Ukraine. Futures contracts tied to the Dow Jones Industrial Average advanced 85 points. S&P 500...