FOMC May-24 minutes still concerned about sticky US inflation
While expressing confidence on inflation controlled measures, the FOMC was still worried about the last mile
Source: indiainfoline.com
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Weekly Musings – CME Fedwatch change for week to May 03, 2024
The week saw the CME Fedwatch raising its expectation to two rate cuts in the year 2024
Source: indiainfoline.com
US Fed Chairman says interest rate hike unlikely
Fed policy statement did not change its 3 rate cut promise, but that is looking increasingly impractical
Source: indiainfoline.com
London close: Stocks finish positive as US inflation moderates
London's stock markets finished with moderate gains on Thursday, buoyed by a combination of factors including a slowdown in US inflation, robust UK earnings reports, and encouraging mortgage approvals figures.
Source: sharecast.com
Gold Stumbles Following European Open as Silver Selloff Continues, Where to Next?
Commodities look poised to benefit should the Fed rate hike cycle be at an end. DXY and Market Sentiment likely to drive Gold, Silver prices this week as we have limited US data on the docket.
Source: dailyfx.com