Share: The main event today will be the US Fed’s Jackson Hole Symposium. Economists at Commerzbank analyze how Fed Chair Powell’s speech could impact the US...
Share: Markets remain focused on upcoming announcements from the Fed Chair Jerome Powell and the ECB President Christine Lagarde. Economists at ING analyze GBP outlook ahead...
Share: The Dollar has strengthened into the Jackson Hole Symposium and economists at ING think a hawkish tone by Fed Chair Powell is now largely priced...
Share: Fed Chairman Jerome Powell will deliver a speech on the US economic outlook at the Jackson Hole Symposium. Powell’s comments on monetary policy and interest...
Share: Euro manages to rebound from 1.0770 vs. the US Dollar. Stocks in Europe maintain the positive mood. EUR/USD approaches the 1.0900 barrier ahead of Jackson Hole....
Share: Fed Chairman Powell’s set-piece speech at the Jackson Hole central bank gathering is the focal point for markets today. Economists at Scotiabank analyze USD outlook ahead...
Share: Gold holds steady above $1,910 ahead of Fed Chair Powell’s opening remarks at Jackson Hole. Economists at TD Securities analyze the yellow metal’s outlook. A...
Share: Federal Reserve Bank of Philadelphia President Patrick Harker told Bloomberg on Friday that he doesn’t see the need now for additional rate increases but added...
Share: Cleveland Federal Reserve President Loretta Mester told CNBC on Friday that they probably have some more work to do with rates, per Reuters. Additional takeaways...
Share: Powell’s hawkish tone on inflation and potential for further rate hikes propels USD/CAD to a three-month high of 1.3640, currently trading at 1.3613. Philadelphia Fed’s...
Share: Powell’s hawkish tone on inflation and rate hikes sends USD/JPY whipsawing, eyeing a test of the year-to-date high of 146.56. Despite signs of disinflation, Powell...
Share: Gold price trades sideways as investors shift focus to the speech from Fed Powell at Jackson Hole. The market mood remains jittery as to whether...
Share: Silver price turns topsy-turvy above $24.00 as Fed Powell keeps doors open for more interest rate hikes. Jerome Powell stated in commentary that interest rates...
Share: Powell warns inflation remains “too high,” signaling potential for more aggressive rate hikes to bring it down to 2%. Despite two months of positive data,...
Share: Palantir stock lost 7.6% on Thursday. PLTR has traded lower on Friday ahead of Powell’s Jackson Hole speech. Key executives have been shedding stock-based compensation...
Share: GBP/USD falls 0.18%, as concerns over global business activity and China’s real estate market woes fuel a risk-off environment. US Dollar Index (DXY) advances 0.19%...
Share: Loretta J. Mester, president of the Federal Reserve Bank of Cleveland said on Friday in an interview with Bloomberg, that they need to see a...
Share: DXY climbed 0.18% to 104.197 after Powell’s hawkish remarks, signaling a stronger dollar against a basket of six major currencies. CME FedWatch Tool indicates a...
Share: USD/JPY holds steady just below its highest level since November 2022 touched on Friday. The divergence Fed-BoJ policy outlook continues to lend some support and...
Share: Gold price attracts some buyers during the Asian session, albeit lacks follow-through. A modest US Dollar downtick turns out to be a key factor lending...