Whispers that the Federal Reserve could consider a rate hike as soon as June have been on the increase since last week's strong US February employment report. Rabo Bank notes in a report on Wednesday: US economic data so…
Whispers that the Federal Reserve could consider a rate hike as soon as June have been on the increase since last week's strong US February employment report.
Rabo Bank notes in a report on Wednesday:
US economic data so far this week has been sparse with January wholesale trade and February NFIB small business optimism both disappointing.
An article by the WSJ's Chief Economics Correspondent Hilsenrath suggesting that a June move was in the running has fanned rate hike speculation further.
Stock markets are again mostly lower across the board with the clear exception being the Nikkei 225 which is being supported by the buoyant tone of USD/JPY.
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…
