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No respite from Jackson Holes for stock markets
2023-09-21
Jackson Hole's annual symposium by Kansas City Fed will captivate investors as global central bankers speak.
Nvidia hit record high after strong earnings
2023-09-21
Nvidia's Q2 earnings exceeded expectations, driving a 6% after-hours stock rise. The chipmaker plays a central role in the AI computing industry.
Oil hits 90 for first time in 2023 on surprise cut extension
2023-09-21
Oil surged past $90 in 2023, reaching levels not seen since November, as Saudi Arabia and Russia prolonged supply cuts through year-end.
Worst days for yen are yet to come?
2023-09-21
Despite weak US job market and inflation, the yen remains subdued at 147.60 against the dollar, below last year's intervention threshold.
Strong dollar overlooks a likely pause
2023-09-21
Senior Fed officials signaled on Thursday that the central bank will maintain interest rates in September, despite ongoing inflation concerns.
BOJ’s comment sends yen higher
2023-09-21
The yen gained as BOJ Governor Kazuo Ueda's comments on wage increase sustainability boosted monetary tightening expectations.
Dollar lifted by hedge funds and EU economy
2023-09-21
Hedge funds are rapidly reducing their USD downside risk exposure, and at this rate, they could become bullish by month-end.
Oil prices jump to nearly 10-month high on Libyan flood
2023-09-21
Oil prices edged higher on Wednesday after surging nearly 2% to close at their highest levels since November 2022 on Libyan supply jitters.
Euro will struggle regardless of ECB’s decision
2023-09-21
Consumer prices exceeded expectations, disappointing investors anticipating smoother inflation. Gas price surge drove over 50% of the increase.
Speculators are digesting ‘peak euro’
2023-09-21
The dollar's nine-week winning streak, its longest since 2014, saw hedge funds reduce net short positions by nearly $5 billion last week, per CFTC data.
Oil inches towards $100 as momentum persists
2023-09-21
Oil prices climbed for the fourth straight session on Tuesday due to low shale output, heightening OPEC and IEA's supply deficit fears.
Oil prices in risk of correction
2023-09-21
The Federal Reserve maintains interest rates unchanged but predicts another rate hike this year and a decrease in the number of rate cuts.
The Fed's Sep meeting
2023-09-19
On September 21, 2023 (Thursday) at 2:00, the September FOMC interest rate meeting of the Federal Reserve arrived.
Oil extends its gain to 10-month high on peak rates
2023-09-15
Oil prices surged to a 10-month peak on China's cash reserve cuts to boost its economy and signs of global tightening cycles nearing their conclusion.
Oil bears feel pinch of OPEC+’s output cuts
2023-09-05
Oil prices rose Monday on OPEC+ supply expectations and the possibility of the Fed ending aggressive rate hikes.
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