US Dollar at Risk of Losing 2023 Gains as Fed Rate Cut Expectations Grow The US dollar is teetering on the edge of erasing its 2023 gains as expectations grow that the Federal Reserve will slash interest rates more aggressively to support the economy. Traders are increasingly betting on further rate cuts, with the likelihood […]

Central Banks in Focus: Rate Cuts and Key Speeches Shape Market Sentiment The People’s Bank of China followed up Tuesday’s rate cuts with another reduction on Wednesday, as traders increasingly bet on another major rate cut from the U.S. Federal Reserve in November. Fed Governor Adriana Kugler is set to speak on the economic outlook […]

Rising Confidence in ECB Rate Cuts Amid Economic Weakness Traders are increasingly confident the European Central Bank (ECB) will cut interest rates next month due to signs of a weakening economy. Market expectations for a quarter-point rate reduction in October have risen to 55%, driven by declining euro-area private-sector output and German business confidence. While […]

Global Stocks Rally as Fed Defends Rate Cut; Euro Slides on Weak Eurozone Data Global stock indexes rose on Monday as Federal Reserve policymakers defended last week’s large interest rate cut, while the euro fell against the dollar due to disappointing business activity data from the eurozone. U.S. Treasury yields climbed as bond investors priced […]

Euro Weakens Amid Slowing Euro Zone Activity, While Dollar Strengthens; Yen Dips on BOJ Policy Uncertainty The euro declined against the dollar on Monday after disappointing euro zone business activity data, fueling expectations of further interest rate cuts by the European Central Bank (ECB) this year. A survey revealed that business activity in the euro […]

Oil Prices Rise on Middle East Tensions and U.S. Fed Rate Cut On Monday, oil prices increased due to worries that escalating conflict in the Middle East could reduce regional supply, along with expectations that last week’s significant U.S. interest rate cut will boost demand. Both contracts increased in the last session, driven by the […]

Global Stocks Hold Near Record Highs as Fed Rate Cut Fuels Optimism World stocks hovered near record highs on Friday, buoyed by the Federal Reserve’s 50 basis point rate cut earlier this week. Investors were reassured that the Fed’s move was a proactive measure to support a resilient economy rather than an emergency response to […]

Oil Set for Weekly Gain After Fed Cut With Focus on Middle East Oil was on track for the biggest weekly advance since February after a steep interest-rate cut by the Federal Reserve, while traders continued to monitor simmering tensions in the Middle East. Brent traded below $75 a barrel on Friday, with futures more […]

Global Stocks Rally as Fed’s Bold 50 Basis-Point Cut Fuels Optimism for Soft Landing Global stocks surged after the Federal Reserve’s 50 basis-point interest rate cut reignited investor confidence. US futures soared, with the S&P 500 and Nasdaq 100 poised for strong gains. Europe’s Stoxx 600 also advanced, while a weaker dollar and rising cryptocurrencies […]

Oil Steadies as Weak US Demand Signs Offset Fed’s Deep Rate Cut Following the Federal Reserve’s rate cut, attention shifts to the Bank of England (BoE), which is expected to keep interest rates unchanged at 5.0% on Thursday. With Britain’s services inflation still high at 5.6%, policymakers are likely to maintain a cautious stance, avoiding […]