News

Oil prices rose for the second consecutive session on Thursday amid growing expectations that the Federal Reserve would cut interest rates in September. However, the increase in US inventories and the OPEC+ plan to increase supplies…
Read More...

A group of strategists at UBS Bank stated that there is a "significant amount of uncertainty" surrounding the extent to which the Federal Reserve will cut interest rates in the current cycle. While the consensus among investors leans…
Read More...

Bank of Japan Governor Kazuo Ueda said on Tuesday that the central bank's basic stance is to allow market forces to determine long-term interest rates while maintaining a gradual reduction of its massive bond purchases. Deputy Governor…
Read More...

Bank of America Securities said its clients have been net sellers of U.S. stocks for the fifth consecutive week, amounting to a total of $5.7 billion. According to Bank of America, this represents the largest exodus since last July and the…
Read More...

Oil prices fell by up to one percent in Asian trading on Tuesday, extending their losses after reaching their lowest levels in four months recorded in the previous session, amid investors' concerns about rising supplies later in the year…
Read More...

The top 3 things to watch in the markets next week: 1. European Central Bank Interest Rate Decision: The European Central Bank (ECB) is likely to become the first major central bank to cut interest rates in this cycle on Thursday.…
Read More...

The Dollar Index, which tracks the US currency against a basket of six other currencies, fell slightly after earlier reaching its highest level since May 14 at 105.17, following a 0.5% gain in the previous session. A series of economic…
Read More...

Bank of America (BofA) has highlighted several factors contributing to potential headwinds for the US dollar (USD). The bank pointed to recent negative surprises in US economic data and increasing positive sentiment towards the Chinese…
Read More...

Bank of Japan board member Seiji Adachi said on Wednesday that the bank might raise interest rates if sharp declines in the yen lead to increased inflation. In a speech, Adachi stated that while short-term currency movements alone would…
Read More...

The yen rose in Asian trading on Monday against a basket of major currencies, recording its first gains in four sessions against the dollar, moving away from its lowest levels in three weeks. The yen's rise came after optimistic statements…
Read More...