The Federal Reserve might maintain its hawkish stance for longer. BOJ Deputy Governor Masayoshi Amamiya might be considered for future governor. US nonfarm payrolls grew by 517,000 jobs in January. Currency futures were on the back foot on Monday as the dollar strengthened. The dollar held steady against its peers after solid US jobs data Read More…
The US dollar increased by 0.1%, restraining gold prices. Gold prices have increased by about $300 since November on expectations of more gradual rate hikes. Investors look forward to the monthly US non-farm payroll data due later today. After a significant sell-off in the previous session, gold prices stabilized on Friday as traders processed central Read More…
A weaker dollar revived interest in risky investments. The Fed increased its target interest rate by 25bps. OPEC+ maintained the production cuts agreed upon last year. Oil continued its bearish momentum despite positive market sentiment on Thursday. However, the OPEC+ decision to extend an output cut allayed concerns about oversupply. Oil prices dropped more than Read More…
Investors hope the Federal Reserve may signal an end to interest rate hikes. The US employment cost index showed its weakest increase in a year. There was a significant slowdown in US house price increases in November. On Wednesday, equity markets held steady as evidence of a slowdown in US wages raised optimism that the Read More…
Investors expect the Fed to increase interest rates by 25 basis points. This week will also see the release of highly anticipated US employment figures. China’s economic activity resumed expanding in January. Equities inched lower on Tuesday as investors readied themselves for a busy week featuring central bank meetings, a flurry of corporate announcements, and Read More…
Market movements remained muted ahead of several central bank meetings. Market observers predict the Fed will raise rates by 25 basis points. Core consumer prices in the capital of Japan increased by 4.3% in January. On Monday, currency futures pulled back as the dollar recovered from an eight-month low ahead of a flurry of central Read More…
