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No respite from Jackson Holes for stock markets
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
​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
​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?
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
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
​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
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
​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
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’
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
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
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
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
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
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.