Fed’s Williams sees positive signs in inflation trend, awaiting more data
New York Fed President John Williams, in an interview with the Wall Street Journal, indicated […]
EUR/USD Rallies Toward Key Confluence Zone Amid Accelerating DXY Selloff
Eurozone inflation remained stable at the end of Q2 2024, with core inflation for services […]
A Speech by Fed Waller is a Wildcard
Markets Consensus-beating June US retail sales only temporary interfered with reigning market momentum. Core retail […]
Cable Jumps as UK CPI Shows Stagnation
The S&P500 hit a fresh record this year for the 38th time on Tuesday, banks […]
IMF’s Gourinchas suggests Fed can wait before cutting rates
IMF chief economist Pierre-Olivier Gourinchas stated in a Reuters interview that Fed can afford to […]
Fed’s Kugler signals rate cuts later this year amid continued disinflation
In a speech overnight, Fed Governor Adriana Kugler noted that despite “a few bumps” earlier […]
Gold (XAU/USD) Hits Record High of $2465/oz Despite Positive US Retail Sales Data
Gold prices reach a new record high of $2465/oz, driven by post-CPI and rate cut […]
Gold’s Astounding Rally and the Challenges Ahead
Gold gains around 18% year-to-date But is it time for the uptrend to cool down […]
USD/CAD Steady After Canadian CPI, US Retail Sales
The Canadian dollar is showing limited movement on Tuesday. In the North American session, USD/CAD […]
U.S. Headline Retail Sales Flat in June, But Core Accelerated
Retail sales was virtually unchanged month-over-month in June. Despite this, the reading was still higher […]
Dollar Gains After Retail Sales Boost; Gold Nears New Record
Dollar bounces higher in early US session, buoyed by stronger-than-expected retail sales data. This resilience […]
Fed’s Waller suggests rate cuts may be nearing
In a speech today, Fed Governor Christopher Waller stated that Fed is “getting closer” to […]