The announcement of a snap election in France has caused considerable turmoil in the Eurozone.
The ECB has remained quiet about supporting French markets.
Markets are...
Bitcoin’s value dropped below US$67,000 for the first time this month ahead of the U.S. inflation report and the Federal Open Market Committee’s decision...
Investors have shifted their focus to the upcoming consumer inflation numbers.
Economists are expecting softer US inflation figures this month.
Japan’s service sector sentiment fell in...
The dollar remained strong after the recent surge in Treasury yields.
All eyes are on the Consumer Price Index report and the Fed meeting.
Data from...
US job vacancies dropped, and private firms employed fewer people in May.
The US services sector remained robust despite high borrowing costs.
The nonfarm payrolls showed...
Gold falls to multi-week low after US labor market data exceeds expectations.
China’s People’s Bank halts 18-month Gold buying spree, exerts downward pressure on XAU/USD.
US...
Data on Friday revealed hotter-than-expected Eurozone inflation in May.
The core PCE price index report revealed a decline in US inflation
Investors eagerly await the nonfarm...
Broad-market risk appetite recovers on Friday as US PCE inflation eases.
Canada saw a weaker-than-expected rebound in GDP.
US PCE inflation cooled further, fueling rate cut...
EUR/USD rebounds after slipping below 1.0800 as the US Dollar corrects sharply.
The ECB is widely anticipated to deliver a rate-cut move in June’s policy meeting.
The...