After a year and a half of zero interest rates and a “printing press” policy, the US Federal Reserve is preparing to hit the brakes. The US central bank plans to soon cut back on the asset repurchase program, through which nearly $ 4 trillion has been injected into the markets since the start of […]
Fed Unfolding Policy, Greenback to Fly amid Tightening Read More »
The electricity tariffs have soared 40% in Germany and France over the past two weeks. In countries like the UK and Spain, governments rush to take emergency measures to protect consumers. As a result, from aluminum smelters in Mexico to fertilizer plants in England, plants are temporarily shutting down. The markets are furious. Some argue
Weather, Supply Disruptions to Exalt Gas Prices Read More »
A few hints about bond purchases may come from Powell. The most likely answer is that he does not mention what time the bond buyback will be terminated. Analysts said that Federal Reserve Chairman Jerome Powell’s speech at an economic conference in Jackson Hole on Friday would likely offer several hints about when the central
Powell is going to confuse everyone Read More »
As tensions between the US and China escalated after President Joe Biden received intelligence on the origin of the virus, the dollar strengthened in general. The yen has suffered due to rising bond yields around the world. In addition, a Senate-proposed Tax Plan would permit the transfer of profits abroad, supporting the dollar. Data on
Dollar rises amid rising geopolitical tensions and rising yields Read More »
Don’t be upset if you don’t understand why US Treasury yields are falling. Because Jerome Powell is also sitting in bewilderment with you on the same bench. Bonds have been climbing steadily for several months, despite accelerating inflation to a 13-year high. The textbooks and Wall Street experience say that in such an environment, yields
Fed Head Unable to Understand What’s Happening with US Debt Market Read More »
The price of oil (August Brent futures) on Tuesday, June 22, during the Asin session, increased above $ 74 per barrel of Brent. Participants in the black gold market are trying to stabilize oil prices amid hopes for an increase in demand for hydrocarbons in the summer due to the gradual lifting of covid restrictions
Oil attempting to grow on lifting restrictions Read More »
Global equity markets were mostly lower on Thursday after the Federal Reserve indicated it could ease economic stimuli earlier than previously thought. London and Frankfurt opened lower while Tokyo, Seoul and Sydney fell. Shanghai and Hong Kong advanced. U.S. futures were lower after Fed members estimated on Wednesday that their key rate would rise twice
Global markets suffering after Fed’s rate hike forecast Read More »
On Friday, the number one cryptocurrency in the world began a new round of corrective movement, which may become the very beginning of the end that many traders are waiting for. Despite the fact that absolutely all technical indicators now indicate an upward trend, a serious correction in Bitcoin has been brewing for a long
Turkish Central bank bans Cryptocurrency Read More »
The second wave of coronavirus in the US is rising apprehensions among investors. NFP report can either serene or jolt the markets. Release of National Data may not push Aussie from Range: Next week is filled with the data in Australia and investors are evaluating how much this virus is dangerous for the economy. The
Risk events in the week ahead Read More »
COVID-19 numbers increase with the distressing rate in South America, and this pandemic situation is making the market’s mood sour. Other currencies are falling, but in contrast, the Dollar and gold have outstanding performance. A three-layered statement of US economic statistics and coronavirus data are compared. US coronavirus: The coronavirus is spreading to more states
Dollar and Gold uproar as corona virus rages again Read More »
