Powell’s Tightrope Act: Federal Reserve Winks at Rate Hike Expectations Despite Market Blues In a classic tango between expectation and reality, the Federal Reserve’s members sprang into action on Tuesday, dampening hopes that the era of rate hikes had met...
Stocks Teeter on Edge: Investors Hold Breath for Fed’s Cue while Bond Supply Looms In a week fraught with anticipation, U.S. stocks managed to inch up, resembling a tightrope walker navigating a tricky line, as investors eagerly awaited the Federal...
The Asian Pacific stocks are tuning into the trading week on a high note as U.S. investors jam out to the recent slowdown in American job growth, interpreting it as a signal that interest rates might’ve hit their highest note. At 10:15 am AEDT (11:00 pm GMT),...
Wall Street Parties as Fed Hints at ‘Rate Hike’ Farewell, Stocks Do the Cha-Cha with Earnings’ Beat The Wall Street spectacle turned into a financial fiesta as the three main stock indexes did the salsa, rallying nearly 2% on Thursday. Cheers echoed...
Oil prices bounce back from a one-month low amidst doubts over rate hikes, denting the dollar’s strength The recent jump in oil prices from a one-month low can be attributed to several factors. Weak U.S. economic readings and comments from the Federal Reserve...
US Crude Stockpiles Rise While Fuel Inventories Do a Sleight of Hand According to the latest revelations from the American Petroleum Institute (API), US crude stockpiles might have sauntered up by as much as 1.3 million barrels last week. It seems that not only did...
