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Bay Street Likely To Open On Positive Note
RTT News· 3 hours agoHigher crude oil prices and comments from Bank of Canada Governor Tiff Macklem that the central bank is getting closer to start cutting rates from over 2-decade highs, indicate a positive start for Canadian shares on Thursday.
The US economy may be barrelling towards stagflation, an outcome worse than recession
Business Insider via Yahoo Finance· 7 days agoUS Federal Reserve Board Chairman Jerome Powell.Anna Moneymaker/Getty Images The first-quarter GDP...
Forex Today: US Dollar struggles to rebound as markets assess Fed announcements
The Forex Market· 8 hours agoHere is what you need to know on Thursday, May 2: The US Dollar (USD) suffered large losses against...
Gold Price Forecast: XAU/USD tests critical daily support line, will it defend?
The Forex Market· 3 days agoGold price snaps a two-day uptrend amid a risk-on market profile. Gold price is seeing a negative...
FOMC in the rear-view mirror – NFP eyed
The Forex Market· 12 minutes agoThe update from May’s FOMC rate announcement proved more dovish than expected, which naturally weighed on the US dollar (sending the DXY to lows of...
GLOBAL MARKETS-Asia stocks rise as Fed tamps down hike fears; yen leaps
Reuters via Yahoo Finance· 10 hours agoAsian stocks and U.S. futures rose on Thursday after the Federal Reserve downplayed risks of an interest rate hike, while the yen was bumpy after another burst of suspected intervention from ...
Gold slips as Fed meeting looms, but set for third monthly gain
Reuters via Yahoo Finance· 2 days agoGold prices slipped more than 1% to a one-week low on Tuesday due to an uptick in the dollar and...
Gold Fluctuates as Investors Turn Focus to Fed Meeting, US Data
Bloomberg via Yahoo Finance· 3 days ago(Bloomberg) -- Gold wavered as traders looked ahead to a week with a Federal Reserve rate decision...
UAE interest rates remain unchanged amid Fed rate decision
Gulf Business· 12 hours agoThe CBUAE traditionally moves lockstep with the US Fed amid the UAE having pegged its currency to...
EMEA Morning Briefing: Shares Set to Open Mixed in the Wake of Fed Remarks
Morningstar· 11 hours agoMARKET WRAPS Watch For: Manufacturing PMI data for EU, Germany, France, Italy; trading updates from Standard Chartered, Shell, ING, Maersk, Orsted, Hugo Boss, Pandora Opening Call: Shares could start out mixed in Europe on Thursday.