Fed Chair Powell reminded the market yesterday that the US central bank would hike interest rates again if needed, while Thursday’s US long-bond auction misfired badly
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FTSE 100, S&P 500 and Russell 2000 Come off this Week’s Highs on Hawkish Fed Comments
Outlook on FTSE 100, S&P 500 and Russell 2000 as Fed Chair Jerome Powell states that that it is too early to definitely announce the conclusion of the central bank’s hiking cycle.
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RBA Minutes Reveal the Prospect of Another Hike, AUD Fails to Respond
The RBA discussed a pause during the November meeting but decided a hike would provide more assurance on inflation. Latest forecast suggests room for one more hike
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GBP Breaking News: 0% Growth for UK in Q3
GBP prices depreciated marginally against the USD after UK GDP highlighted the tough environment facing the UK economy.
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Crude Oil, Mexican Peso Forecast: WTI Eyes $75 Level, Banxico Pivots
WTI crude oil prices are edging toward the $75.00 level.. Israel’s decision to enact a cease fire for humanitarian aid has reduced geopolitical risks in the Middle East, exacerbating downward pressure in the energy market.
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