Ringgit to trade cautiously ahead of FOMC minutes
The ringgit is expected to trade cautiously against the US dollar next week ahead of the release of the Federal Open Market ...
Why Investors Shouldn’t Hold Their Breath for Interest Rate Cuts
A resilient job market, healthy economic growth, and high consumer demand point to an economy that’s in “an incredibly strong position,” explains PIMCO economist Tiffany Wilding. At the same time, ...
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Pound falls slightly against euro ahead of data releases
T he pound fell slightly against the euro ahead of upcoming economic data releases and a much-anticipated speech by Bank of ...
Why the U.S. stock market may continue to hold up even as inflation rises again
Some investors had an inflation scare on Wednesday, but the U.S. stock market as a whole seems to have shrugged it off so far. The Bureau of Labor Statistics reported a 0.5% increase in the ...
Next week: Housing starts, Fed minutes and Walmart earnings
The Commerce Department on Wednesday reports on housing starts for January and the Federal Reserve releases minutes from its most recent policy meeting.
Refinance Rates Reverse Course With a Sizable Drop
Rates on 30-year refinance loans dropped 8 basis points Thursday, reducing the average to the notable 7.00% mark. Last week, ...
GBP/USD Weekly Outlook: Pound Sterling recovers amid Russia-Ukraine prospects, Trump’s postponed tariffs
Following a hot January US Consumer Price Index (CPI) data, the Producer Price Index (PPI) also surprised markets to the ...