CentralBanks Archives

1 Minute

Forex

Fed’s Barkin: Some parts of the economy appear to be cooling

News May 30, 2023 0 Comment

Share: Thomas Barkin, President of the Federal Reserve Bank of Richmond, stated on Tuesday that he is seeing evidence that interest rate hikes are curbing demand. He is attending a webinar organized...

2 Minutes

Commodities

The Dollar is overbought and vulnerable to a pullback

News May 30, 2023 0 Comment

Share: The dollar continues to rally, having gained around 3.4% from its early May lows, and has hovered around 104.2 for the past four trading sessions. The dollar is in locally overbought...

0 Minutes

Forex

EUR/USD: Euro drops below 1,07, what’s next?

News May 30, 2023 0 Comment

The single European currency continues to be under mild pressures and has already lost the level of 1,07 falling so far to 1,0673. Monday as we expect Source link...

12 Minutes

Forex

Weekly Economic & Financial Commentary

News May 26, 2023

Share: Summary United States: Long Holiday Weekend Clouded by Debt Ceiling With a deal on the debt ceiling hanging in the balance, the near-term economic outlook remains uncertain. Data released this week suggest...

1 Minute

Forex

Fed’s Mester: PCE data underscores slow progress on inflation

News May 26, 2023

Share: In an interview with CNBC on Friday, Federal Reserve Bank of Cleveland President Loretta Mester said that the Personal Consumption Expenditures (PCE) Price Index released on Friday underscored the slow progress on...

1 Minute

Forex

BoE: Further tightening appears likely in June – UOB

News May 26, 2023

Share: Economist at UOB Group Lee Sue Ann comments on the upcoming monetary policy meeting by the BoE. Key Takeaways “Headline CPI inflation eased to 8.7% y/y in Apr, from 10.1% y/y...

4 Minutes

Forex

Key events in developed markets and EMEA next week

News May 26, 2023

Share: Strong job numbers, sticky inflation and hawkish rhetoric in the US suggest an appetite for one more interest rate rise. The outcome of next week’s jobs report will be critical. Disinflation is...

0 Minutes

Commodities

AI-bubble in the making?

News May 26, 2023

Nvidia’s impressive Q1 results and the $11bn revenue forecast for the second quarter blew investors’ minds away. Major US stock indices gained yesterd Source link...

2 Minutes

Commodities

NZD turns lower

News May 25, 2023

Share: NZD/USD breaks critical support The New Zealand dollar plunged after the RBNZ put an end to its interest rate hikes. A sweep below the demand zone around 0.6200 was a sign...

7 Minutes

Forex

NVDA lifts chip-related names in Asia, but debt ceiling uncertainty remains

News May 25, 2023

Share: Asia Market Update: NVDA lifts chip-related names in Asia; but debt ceiling uncertainty remains, as Fitch threatens downgrade; Traders also assess FOMC minutes; Hawkish BOK. General trend – Chip-makers in Asia started...