Rate cuts by year-end Fed: 7 bps (98% probability of no change at the next meeting) Rate hikes by year-end RBNZ: 74 bps (70% probability of no change at the next meeting) ECB: 59 bps (60% probability of no change at the next meeting) RBA: 50 bps (60% probability of rate hike at the next
smartTrade eyes role as direct streaming linchpin – FX Markets Skip to main content End of drawer navigation content Vendor plans to tap growing demand for direct API trading solutions across asset classes Direct streaming of client pricing for foreign exchange and fixed income assets through application programming interfaces (APIs) is fast becoming the execution
The Czech Republic’s industrial output growth moderated further in February to the lowest level in five months, data from the Czech Statistical Office revealed on Thursday. Industrial production declined a working-day-adjusted 1.3 percent year-on-year in February, slower than the 2.7 percent increase in January. Subscribe to continue reading the article. This article is part of
Zain Vawda Market Analyst Zain is an experienced financial markets analyst and educator with a rich tapestry of experience in the world of retail forex, economics, and market analysis. Initially starting out in a sales and business development role, his passion for economics and technical analysis propelled him towards a career as an analyst. He
Technical analysis of the S&P 500, EUR/GBP and silver as they take a breather. Source link
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The market reaction to the two-week US-Iran ceasefire is already turning, with signs of rejection of ceasefire optimism emerging across key asset classes. What initially appeared as a decisive de-escalation could be reassessed as a fragile truce, not peace, with markets are pricing risk re-entry as early doubts take hold. The most telling signal lies
There are a couple to take note of on the day, as highlighted in bold below. The first ones are for EUR/USD at the 1.1600-10 region and also the 1.1635 level. Now, the expiries are a little bit further away from the current spot price – especially the larger ones. But with the US-Iran truce
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Goldman cuts Q2 oil to $90/$87, keeps $82/$80 Brent and $77/$75 WTI outlook Australia to underwrite fuel imports via Ampol, Viva amid supply risks Perth Mint gold, silver sales drop sharply in March after price slide Ceasefire may reduce case for Fed cuts as inflation risks persist: Timiraos AUD seen capped near 0.7150 as Hormuz
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RBNZ says growth hinges on conflict outcome as prior cuts still support economy Summary: Breman says rate cuts still providing economic stimulus Growth outlook tied to Middle East conflict resolution Swift ceasefire could support stronger growth this year Earlier data showed improving momentum pre-conflict March stable, April likely softer Supply disruptions key uncertainty alongside oil
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Japan will on Thursday see March results for its household confidence index, highlighting a light day for Asia-Pacific economic activity. The index is expected to see a score of 38.4, down from 40.0 in February. Malaysia will release February figures for industrial production; in January, production was up 5.9 percent on year. Subscribe to continue
The US-Iran ceasefire is officially on the table, and Market bulls have returned with fierce conviction, but despite all the progress from the past 24 hours, the path is going to be quite rocky. Wall Street exploded in a massive relief rally since yesterday’s late session, completely reversing the recent geopolitical panic that had gripped
US equity markets posted strong gains in the aftermath of the ceasefire announcement. The gains would have been larger if not for lingering uncertainty around the sustainability of a ceasefire given ongoing fighting in Lebanon and unanswered questions about Hormuz tolls and uranium enrichment. For now, the mood is very positive: S&P 500 +2.5% Nasdaq
While the conflict in the Middle East has led to a heightened degree of economic uncertainty, the minutes of the Federal Reserve’s latest monetary policy meeting revealed many officials still expect to resume cutting interest rates this year. The minutes of the Fed’s March 17-18 meeting said participants emphasized the importance of being “nimble” in
