Will Fed Minutes shed light on 2024 interest-rate outlook?
The FOMC Minutes saw some members suggesting that interest rates could be at their peak.
Source: fxstreet.com
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Crude Oil rises on Wednesday as energies shrug off another inventories surge
West Texas Intermediate (WTI) US Crude Oil rebounded on Wednesday as barrel traders continue to price in possible supply lane constraints amidst geopolitical turmoil in the Middle East.
Source: fxstreet.com
Gold price hovers around the 50-day SMA as traders eye flash PMIs
Gold price retreats on Wednesday after registering four days of straight gains as US Treasury bond yields rise in the vicinity of the release of the Minutes from the Federal Reserve’s (Fed) monetary policy meeting in January.
Source: fxstreet.com
Australia's February Judo Bank PMI returns to growth, comes in at 51.8 versus the previous 49.0
Australia's Judo Bank Composite Purchasing Manager Index (PMI) returned to growth figures above 50.0 for the first time since last October, and saw its highest print since May of last year.
Source: fxstreet.com
Crude Oil tests the high end as geopolitical concerns weigh, keeping energy prices pinned
West Texas Intermediate (WTI) US Crude Oil tested above $78.00 per barrel on Monday, finding room to the upside with US markets darkened for the American President’s Day federal holiday.
Source: fxstreet.com