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EIA Report showed Cushing stockpiles declined most since October 2021 Fed rate cut bets for December 13th FOMC meeting rise to 24.0% Bitcoin bulls nervous a US ETF launch could trigger a similar...
US stocks are rising as soft-landing hopes grow as the regional banks provide stabilization signs and on hopes that inflation will continue to cool. It doesn’t look like we will see a major...
UK CPI falls to 7.9% from 8.7%, core CPI 6.9% from 7.1% BoE base rate now seen peaking at 5.75% according to markets GBP/USD slips below 1.30 after the data It’s been a long time coming but...
UK inflation eases more than expected British pound tumbles close to 1% Pound slides as UK inflation lower than expectedThe British pound is sharply lower on Wednesday. In the European session,...
RBA undecided on future policy moves Markets expect one more hike but not sure when AUDUSD facing significant resistance despite a weaker dollar It’s safe to say there’s quite a balanced...
ECB’s Knot (hawk) noted that for July I think it is a necessity, for anything beyond July it would at most be a possibility but by no means a certainty Canadian headline CPI was 2.8%, versus 3%...
Both the advance and core (ex-auto) retail sales monthly reading post third straight gain Fed rate hike odds stand at 93.6% for July 26th meeting ECB odds for a July rate hike stand at 93.2%. while...
Retail sales numbers don’t hold Wall Street back Bank earnings give investors hope 35,000 a big obstacle to overcome for the Dow Stock markets turned positive on Tuesday after falling earlier,...
RBA minutes point to a close call at July decision US retail sales for June expected to climb The AUD/USD edged lower on Tuesday, trading at 0.6807, down 0.14%. We could see some further movement in...
Australian dollar soared over 2% last week RBA minutes to be released on Tuesday RBA Governor Lowe will be replaced by Michelle Bullock The Australian dollar has started the week in negative...
Chinese growth underwhelms Libya resumes production after brief outage Key technical support levels still below Brent Oil Futures prices pulled back from last week’s highs today, weighed down by...
In the North American session, EUR/USD was unchanged at 1.1226 at writing. The US dollar was broadly lower against the majors last week and on Friday the euro hit its highest level since February...
Dollar wavers post Chinese data 10-year Treasury yield down 2.3 points to 3.809% JPMorgan (NYSE:JPM) extends gains post Friday’s earnings US stocks are slightly higher after some disappointing...
Goldman Sachs eyes a significant crude deficit in the second half of the year Markets price in 25% chance Fed cuts at December 13th FOMC meeting Bitcoin supporter Novogratz expects Bitcoin ETF gets...
NZD/USD in negative territory after jumping 2.58% last week US dollar was broadly lower last week on expectations that Fed rate-tightening almost over The New Zealand dollar has started the week with...
USThe week before the July 26th FOMC meeting will contain a handful of key economic reports and several key earnings results. The initial assessment of the economy is somewhat upbeat as CEO Jamie...
Output cuts and inflation data continue to boost crude prices Temporary disruptions could add to the bullishness Potential resistance around $83-$84 Brent Oil Futures is trading relatively flat today...