Commentary / Central Banks
Add as a preferred source on GoogleU.K. consumer price data is likely to release today. The consumer price data will confirm whether the Bank of England (BoE) will follow the Fed's rate hike. Analysts assume that BoE may hike rates some time after Fed's h…
U.K. consumer price data is likely to release today. The consumer price data will confirm whether the Bank of England (BoE) will follow the Fed's rate hike. Analysts assume that BoE may hike rates some time after Fed's hike. However, the Bank is expected to do so iflation rate is in right path.
"If the data today disappoints Sterling is likely to record some losses against the USD for a change, after it has stood up well against it since the beginning of the year", says Commerzbank.
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
