Monday (June 3) Tuesday (June 4) Wednesday (June 5) Thursday (June 6) Friday (June 7) Take Advantage of These News Events at OneUp Trader Now!
Market Overview
The Fed, Quick Update on Policy
The Federal Reserve’s (Fed) updates on monetary policy highlight that the Federal Open Market Committee (FOMC) has decided to maintain the federal funds rate at the current range of 5.25% to 5.5% on May 2nd. The decision marks the sixth consecutive meeting where rates have been held steady, keeping them at the highest level in Read More…
Economic Outlook 2024: What to Expect for Global Growth and Inflation
Global Economic Growth Inflation and Monetary Policy Geopolitical Risks Regional Economic Outlooks
Crude Oil Futures (CL) 2024 Market Update
Price Trends In 2024, the average price of Brent crude oil was around $82 per barrel, which is similar to the average in 2023. West Texas Intermediate (WTI) has also seen a comparable average, with current prices around $79 per barrel. Notably, prices have experienced short-term peaks and declines, with Brent crude hitting a high Read More…
U.S. Dollar Consolidates as Traders Await Crucial Inflation Data
The U.S. dollar saw marginal losses on Monday, consolidating after traders shifted their focus to the upcoming U.S. inflation data for further guidance on interest rates on Wednesday as well as Jay Powells speech tomorrow. Traders are awaiting the release of the latest U.S. inflation data, which is expected to play a pivotal role in Read More…
Dow Set for Eighth Straight Day of Gains as Rate Cut Hopes Grow
Investors Await Fed Speakers for Insight on Interest Rate Outlook U.S. stock futures rose on Friday, setting the stage for the Dow Jones Industrial Average (YM) to potentially secure its eighth consecutive day of gains. As investors eagerly await a series of speeches from Federal Reserve officials, a growing confidence that a rate cut is Read More…