Oil prices remained fragile on Thursday after collapsing due to a less dovish outlook for Fed monetary policy in 2025. Meanwhile, a drop in crude inventories and a surge in crude exports helped support prices. On Wednesday, the US Federal Reserve lowered borrowing costs by 25-bps. However, instead of signaling more rate cuts, the central Read More…
Gold prices eased ahead of the FOMC meeting, where policymakers might forecast a more gradual easing cycle in 2025. At the same time, downward pressure came from a rally in the dollar and Treasury yields after upbeat US retail sales data. The US Federal Reserve will meet later and likely cut rates by 25-bps. Markets Read More…
Equities rose on Monday, with the Nasdaq hitting record highs as market participants looked forward to the upcoming FOMC policy meeting. At the same time, investors absorbed mixed PMI data from the US that showed pockets of weakness and strength in the economy. The Federal Reserve will hold its policy meeting on Wednesday, and markets Read More…
Currency futures eased as the dollar extended gains after a strong week due to a drop in 2025 Fed rate cut expectations. Meanwhile, markets nearly fully priced a rate cut during the Fed policy meeting this week as inflation figures accelerated in line with expectations. December Fed rate cut bets (Source: Bloomberg) The greenback had Read More…
Interest futures wallowed near weekly lows as markets lowered the Fed rate cut expectations for next year. This shift came after US inflation data revealed a pause in the downtrend. At the same time, market participants expect the incoming Trump administration to make policy changes to boost economic growth and inflation. Interest futures have had Read More…
Oil prices rallied on Wednesday as supply concerns overshadowed demand concerns. Meanwhile, the recent efforts to boost China’s economy have supported prices. At the same time, US inflation figures came in line with estimates, solidifying bets for a December Fed rate cut. Market participants worried about supply on Wednesday after the European Union agreed to Read More…
