Gold jumps to $1,300
On Monday, gold managed to ascend because traders closely watched a busy week probably to be dominated by the Fed’s regular policy gathering…
Tag - federal reserve
Greenback dives to wager on Fed rate reversal
On Thursday, the evergreen buck faced heavy losses in Asia because the key US bank shocked the financial markets by giving up all of its plans to have rates lifted in 2019, which appears to be an indication that its three-year campaign to stabilize its…
American housing market slumps
In December, American homebuilding went down to a more than two-year minimum because construction of both single as well as multi-family housing dipped…
Gold slumps ahead of Trump’s budget proposal
On Monday, the yellow metal declined, drifting away from the $1,300 mark hit on the back of a dismal jobs report, while traders looked ahead to retail sales data as well as American leader’s 2020 budget proposal…
Evergreen buck goes down ahead of Fed minutes
On Wednesday, the evergreen buck slumped versus the common currency and the UK pound because a dive in American Treasury gains diminished its attractiveness in the face of hopes for dovish news on interest rates from the major US bank…
Evergreen buck inches up as inverted yield fears recede
On Tuesday, the evergreen buck managed to go up due to the fact that bond gains rebounded, thus soothing fears over the health of the American economy despite dismal housing data…
Evergreen buck goes down notwithstanding better-than-anticipated labor and inflation data
On Friday, the evergreen buck slumped in Asia notwithstanding better-than-anticipated labour as well as inflation data published overnight…
American consumer confidence and housing data indicate decelerating economy
In February, American homebuilding went down more than anticipated due to the fact that construction of single-family houses went down to an almost two-year minimum, providing more evidence of a steep deceleration in economic activity early in 2019…
5 important events this week will bring us!
Pay attention to the FOMC meeting, where the rate cut is expected. Also, it is recommended to keep an eye on the oil prices, updates on trade talks between the USD and China and, of course, Brexit.
FOMC meeting: the aftermath
The Federal Reserve had the meeting on Wednesday - we take the first look at the results and try to understand what's coming next.
Evergreen buck stands still
On Tuesday, the evergreen buck was still fairly intact due to the fact that Fed Chair Jerome Powell told that the US major financial institution could consider completing its reduction of the balance sheet…
American job surge decelerates in February
In February, American job surged speeded down to a five-month minimum because the weather-related boost in the previous two months faded away, staff members became more scarce, while tighter financial conditions started putting pressure on the labor…