forex news today time|Page 115 | EBC Financial Group

Markets muted over U.S. debt ceiling impasse

2023-05-10

U.S. stock indexes closed lower on Tuesday as investors grew more cautious ahead of CPI report and a meeting to discuss the U.S. debt ceiling.

Investors optimistic ahead of inflation data

2023-05-09

A gauge of global equity markets rose and the dollar was mostly flat on Monday as expected talks in Washington about the debt ceiling raised concerns, while U.S. inflation data later this week should add clarity on Federal Reserve monetary policy.

Strong job report powers oil rebound

2023-05-08

The dollar was trading flat on Friday after jobs gains and wage growth for April beat economists’ forecasts but showed downward jobs revisions for March.

Dollar rallies before job data

2023-05-05

Wall Street ended lower on Thursday after PacWest's move to explore strategic options deepened fears about the health of U.S. lenders and hit shares of banks.

Investors fret about economy as Fed signals potential pause

2023-05-04

The Fed raised interest rates by 25bp and signalled a pause in further increases to assess the fallout from recent bank failures, wait on the resolution of a political standoff over the U.S. debt ceiling.

Oil retreats on dollar strength

2023-05-04

The dollar gained with Treasury yields as investors digested Friday’s data and waited for the Fed’s decision due on Wednesday as well as key upcoming economic data.

Wall Street rallied even as US economy struggles

2023-04-28

The dollar rose on Thursday as weaker-than-expected U.S. economic growth in the first quarter is viewed as not likely to deter the Federal Reserve from raising interest rates next week.

Canadian dollar hits 4-week low as oil prices plunge

2023-04-28

Oil prices dropped by almost 4% on Wednesday as markets weighed more weak economic data indicative of dire growth outlook.U.S. stocks closed mixed following strong quarterly results from Microsoft and Alphabet that both beat analyst expectations.

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.