After confidence in the goal decreased by 2%… Despite a recent recovery in inflation, the US central bank (Federal Reserve) is expected to cautiously address the issue of higher interest rates next Tuesday and Wednesday, despite a slowdown in growth USA in the first quarter. Nancy Vanden Houten, an economist at Oxford Economics, expects the … Read more
At the time of writing, the bitcoin price is around $69,000. It seems that the bulls will have every difficulty in keeping the price permanently above $69,000, the all-time high of 2021. An important reason for this seems to lie in the current macroeconomic situation. In January and February, US inflation turned out to be … Read more
The bitcoin (BTC) price has started 2024 fantastically, under the inspiring leadership of the spot bitcoin ETFs. After a false start, the bitcoin price has risen to approximately $52,000, where the digital currency appears to be encountering resistance. That resistance could well lie in a few macroeconomic developments that are currently weighing on the market. … Read more
Gold prices fell on Friday as the dollar and US Treasury bond yields rose after a strong US non-farm payrolls report, which created uncertainty about when the central bank would start cutting interest rates. Gold in spot transactions fell 0.9 percent to $2,035.59 per ounce. But prices rose 0.6 percent within a week and settled … Read more
Gold prices rose on Thursday, while the dollar continued to decline ahead of inflation data in the United States scheduled to be published later that would provide more indications about the path the US central bank may take for monetary policy during this year. Gold in spot transactions increased 0.3 percent to $2,028.78 per ounce, … Read more
After the Federal Reserve hinted that interest rates will continue to rise in the future, European equities hit their lowest level in a week. The Federal Reserve raised interest rates by 75 basis points for the fourth time European equities hit a one-week low on Thursday, after the US Federal Reserve hinted at continued interest … Read more
The dollar fell roughly one percent from its 20-year high against other major currencies at the start of a week that will see dozens of central bank decisions, led by the Federal Reserve (US central bank) on Wednesday. , followed by the Bank of Japan and the Bank of England the next day. The dollar … Read more
Gold prices have fallen to their lowest levels since March 2021 today, Thursday, due to rising U.S. Treasury yields and rising dollar, as well as reduced bets that the Federal Reserve (Central Bank of the United States ) will raise interest rates by a large percentage again from the attractiveness of the yellow metal.And gold … Read more
The generate on two-calendar year US Treasuries strike a 15-year substantial on Monday as traders rearranged their positions about a extensive period of time of significant interest charge hikes by the Federal Reserve following President Jerome’s speech. Powell on Friday.In the sharpest terms at any time viewed in the tightening cycle, Powell said the US … Read more
London (Reuters) Oil charges rose about a dollar yesterday, supported by indications of improving upon fuel need, but gains were being restricted as the industry was waiting for assistance from the head of the Federal Reserve (the Central Lender of the United States) on the matter. to anticipations of a fee hike. At 10:51 GMT, … Read more