Rupee’s Fall Likely to Continue in Light of US Fed’s Rate Hike Plans: Reuters
The Indian rupee is expected to continue its decline following the release of the U.S. Federal Reserve’s June…
Third Consecutive Week Of Higher-Than-Expected Unemployment Claims: Is US Job Market Losing Steam?
The long-standing resiliency and tightness of the U.S. job market is starting to show the first signs of cooling.…
Hawks Are Circling Wall Street: Two Top Analysts Call For The Fed To Resume Hikes In July
Two major investment banks on Wall Street stated that they anticipate the Federal Reserve will resume hiking interest…
US Dollar Rises To 10-Week Peak With Debt Ceiling Breakthrough, Rate Hike Buzz: Crucial House Vote Wednesday
The U.S. dollar has soared to levels unseen since mid-March, fueled by encouraging progress on the debt ceiling deal and mounting expectations of impending Federal Reserve interest rate hikes.
Default X-Date Looms, Intensifying Debt Ceiling Discussions: McCarthy Says Not ‘Everybody Is Going To Be Happy’
House Speaker Kevin McCarthy said on Thursday that debt ceiling negotiators "made some progress," but open issues remain.
Unemployment Claims Fall Short Of Expectations Signaling Tight Job Market; Q1 GDP And Core PCE Revised Higher
The U.S. job market continues to display strength and durability, while both the U.S.
Traders Raise Bets On June Interest Rate Hike As Fed Officials Hints ‘We Are Not There Yet’: Dollar Strengthens, Treasury Yields Jump
Dallas Fed President Lorie Logan said Thursday that current data does not support a pause in interest rate hikes yet, leading market expectations for a Fed hike in June to increase again.
US Dollar Hits 5-Week Peak As Debt Ceiling Concerns Drive Treasury Yields Upwards
The U.S. dollar has risen to its highest level in more than five weeks, with the U.S.
Pessimism Reigns Supreme Among Fund Managers: Bank of America Survey Reveals 5 ‘Contrarian’ Trades To Watch
A survey conducted by Bank of America Corp. revealed fund managers' pessimism reached the highest level in 2023 as investors increased cash balances and became more pessimistic about growth.
Fed Officials Curb Investor Enthusiasm, Caution Against Anticipated Rate Cuts
Recent statements from Fed members have been more hawkish than expected, dampening the market's enthusiasm for a rate-cutting cycle to begin later this year.