Markets Turn Cautious Ahead of Trump Inauguration
Fed’s Waller hints at first half rate cut, but dollar edges up. Wall Street slips despite solid US retail sales and strong bank earnings. China GDP beat also fails to lift markets as Trump...
Fed’s Waller hints at first half rate cut, but dollar edges up. Wall Street slips despite solid US retail sales and strong bank earnings. China GDP beat also fails to lift markets as Trump...
Markets brace for impact ahead of Trump’s inauguration. BoJ seen raising rates at first gathering of 2025. Euro and pound traders turn gaze to PMIs. Canada and New Zealand CPI data to shape BoC and...
Gold Rises on Weak US Data Gold (XAU/USD) rose by 0.67% on Thursday, closing slightly below the $2,720 resistance level. The US Department of Commerce reported yesterday that retail sales rose by...
Retail sales came in at $729.2 billion in December, a gain of +0.4% for the month. This was below the street's expectations of a gain of +0.6%. But still another record high. November's results were...
Oil hits $80.00! The highest level since August as supplies tighten and CPI eases. It also appears that the toughening of sanctions is starting to take a bite especially because Germany seizes a...
Key Takeaways: Annual inflation accelerated up to 2.9% in December from higher energy and food prices. Stripping out food and energy, core inflation rose 0.2% from a month ago, less than expected...
Mixed US CPI report results in a risk-on-market reaction. Both stocks and bitcoin record sizeable gains. Today’s US data prints could upset markets again. Yen benefits from BoJ rate hike talk; pound...
2025 is expected to be the year of increasing AI adoption. According to recent PwC findings, '2025 will bring significant advancements in quality, accuracy, capability, and automation that will...
Gold Rises as Markets Expect More Fed Rate Cuts After CPI Release Gold (XAU/USD) increased by 0.7% on Wednesday as the US dollar (USD) weakened following the release of lower-than-expected US...