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S&P Global Market Intelligence Reaffirms Fed June Rate Cut Stance - Vimarsana News

S&P Global Market Intelligence Reaffirms Fed June Rate Cut Stance

The market bets on the Fed June rate cut have increased with time, as the market tries to digest inflation and other economic factors. With a larger market…

Source: biztoc.com
Dollar Dives, Yen Soars, A Week of Divergent Fortunes - Vimarsana News

Dollar Dives, Yen Soars, A Week of Divergent Fortunes

Dollar and Yen had contrasting fortune last week, responding to divergent central bank expectations. Dollar found itself as the week's worst performer, a reflection of solidified expectations for Fed's first rate cut in June, reinforced by Fed Chair Jerome Powell's semiannual testimony. The cooling job US market is seen as unlikely to stand in the way. On the flip side, Yen staged a powerful rally, driven by a growing consensus around BoJ's rate increase this month, making Yen the best performer.

US Stocks Fall Slightly After Fed Minutes: Key Takeaways - Vimarsana News

US Stocks Fall Slightly After Fed Minutes: Key Takeaways

US stocks fell slightly yesterday and ended their three-day rally after the Fed June meeting minutes showed more rate hikes in 2023.

U.S. stocks close higher amid easing inflation-Xinhua - Vimarsana News

U.S. stocks close higher amid easing inflation-Xinhua

U.S. stocks close higher amid easing inflation-

U.S. stocks close higher amid easing inflation - Vimarsana News

U.S. stocks close higher amid easing inflation

NEW YORK, June 13 (Xinhua) -- U.S. stocks edged higher on Tuesday after May inflation data added to investor optimism that the Federal Reserve will skip a rate hike on Wednesday.