Markets Steady as Biden and Putin Agreed on a Ukraine Summit
The markets are steadily mixed in Asian session today. Sentiment is stabilized somewhat on news that US President Joe Biden and Russian President Vladimir Putin have agreed in principle to a summit over Ukraine, as brokered by French President Emmanuel...
Forex Forecast and Cryptocurrencies Forecast
EUR/USD: Waiting for War and Rate Hike The period from February 10 to 14 was unexpectedly stormy. Panic moods were diligently warmed up by the leading media, actively discussing the statements of world leaders, primarily the President of the United...
Some U.S.-listed Chinese stocks will need Beijing’s approval to stay public in other overseas markets
An investor sits in front of a board showing stock information at a brokerage office in Beijing, China. Thomas Peter | Reuters BEIJING — If U.S. regulation forces Chinese companies to delist from New York, new rules from Beijing further...
Fed approves rules banning its officials from trading stocks, bonds and also cryptocurrencies
Federal Reserve officials won’t be able to trade a slew of assets including stocks and bonds — as well as cryptocurrencies — under new rules that became formal Friday. Following up on regulations announced in October, the policymaking Federal Open...
The Fed is going to hike rates regardless if Biden’s nominees are confirmed, economists say
Federal Reserve Chairman Jerome Powell leaves a meeting in the office of Sen. Chris Van Hollen, D-Md., in Hart Building on Wednesday, October 6, 2021. Tom Williams | CQ-Roll Call, Inc. | Getty Images There may be plenty of reasons...
How the Coming Fed Hiking Cycle Will Differ – and Why it Matters
With a Fed hiking cycle starting soon, we look at what previous hiking cycles looked like and how the current situation compares. In a coming paper we will look at how markets have fared during previous hiking cycles and what...
RBNZ Policy Decision: Selling the News or a Bullish Surprise?
The Reserve Bank of New Zealand, the current king of the global tightening cycle, is expected to deliver its third rate hike in five months with full certainty when its policy meeting concludes on Wednesday at 01:00 GMT. Despite that,...
AUD/USD Outlook: Aussie Rises to One-Week High on Positive Fundamentals
The Australian dollar remains bid and on track for the third straight weekly gains, underpinned by Australia’s reopening after long period of restrictive measures as the number of Covid cases dropped significantly. News that US and Russia’s top officials, Blinken...
January home sales jump 6.7% despite a record low supply
Sales of existing homes jumped far more than expected, even as supply hit another record low and prices rose significantly.
GBPUSD Tests Upper Boundary of Trading Range
GBPUSD is moving higher over the last 4-hour session remaining well above the short-term simple moving averages (SMAs). The RSI indicator is pointing up near the 70 level, while the MACD oscillator is holding above its trigger line in the...