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The Fed's May FOMC interest rate meeting

2023-04-27

The FOMC will likely deliver its third consecutive quarter of a percentage point rate increase and continue to allow assets to roll off of its nearly $8.6 trillion balance sheet in its year-long campaign to get inflation under control without sending the U.S. economy into a recession.

Oil slips 2% on economic woes

2023-04-26

U.S. Stocks sold off as disappointing earnings and economic data fueled recession fears, sending safe havens higher and oil sharply lower.All three major indexes ended down 1% or more, with NASDAQ plunging nearly 2%, the biggest daily drop since March 9.

China holiday travel boom stems oil price drop

2023-04-25

The dollar and gold have been stuck in a sideways range, with oil up over 1%.Traders are unwilling to take positions before Thursday’s GDP and PCE reading. U.S. growth and inflation is expected to slow further.

Oil falls 2% on recession fears

2023-04-21

Weak data weighed on U.S. dollar. Gold hovered around $2,000 and oil plunged to the lowest level since the end of March.

Oil falls 2% as dollar gains on rate path uncertainty

2023-04-20

Gold prices fell below the key $2,000 level as the dollar and Treasury yields regained footing on Wednesday. Oil slid about 2% to a two-week low despite a sharp decline in U.S. crude inventories.

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