Dollar starts a slow week; and Sterling heads downwards
The U.S. dollar started a slow-paced week as the dollar index traded slightly below 113 during the Asian session. However, this week is expected to be...
U.S. Inflation hit hard, and Fed hikes might accelerate
The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.4% in September on a seasonally adjusted basis after rising 0.1% in August, the U.S. B...
The Day of the U.S. inflation data
Consumer price inflation, the more closely-watched inflation indicator today, is expected to show inflation remained near the 40-year highs it recorde...
Markets await the U.S. CPI data tomorrow
Consumer price inflation, the more closely-watched inflation gauge, is due on Thursday and is expected to show inflation remained pinned near 40-year ...
BOE; between fighting inflation and buying bonds
The dollar was broadly higher in early trading in Europe on Tuesday as the pound weakened amid fresh signs of trouble in the U.K. government bond mark...
Labor Market is still strong, and inflation is to persist
U.S. unemployment unexpectedly fell last month, Friday figures showed, and inflation data due on Thursday is forecast to show headline inflation at a ...
All eyes now turn to the U.S. nonfarm payrolls report
All eyes now turn to the U.S. nonfarm payrolls report due later on Friday, with economists forecasting 250,000 jobs to have been added last month, com...
OPEC+ agreed to cut supply by 2 million barrels per day
OPEC+ agreed to cut supply by 2 million barrels per day (bpd) in order to counter recent weakness in crude prices, defying pressure from the United St...
OPEC+ is considering its biggest production cut since 2020
OPEC+ is considering its biggest production cut since 2020 as it tries to stabilize oil prices, a move that risks cranking up tensions with Washington...