> ECB’s Kazaks: I’m in no rush to say that we are done on rates Comments from the member of the ECB’s Governing Council Adam Button Friday, 25/08/2023 | 20:04 GMT-0 25/08/2023 | 20:04 GMT-0 In no rush to say that we are done on rates, a rate pause wouldn’t mean stopping We will see
EUR/USD: Mr. Powell and Mrs. Lagarde – Much Talk, Little Substance ● Last week’s business activity data from both sides of the Atlantic proved to be exceptionally weak. The euro came under selling pressure due to a decline in Germany’s Services PMI from 52.3 to 47.3, which in turn pulled down the Composite Business Activity
© Reuters. FILE PHOTO: Paramilitary police officers stand guard in front of the headquarters of the People’s Bank of China, the central bank (PBOC), in Beijing, China September 30, 2022. REUTERS/Tingshu Wang SHANGHAI/BEIJING (Reuters) -China’s central bank has asked domestic lenders to scale back outward bond investments according to two sources with direct knowledge of
Share: Federal Reserve Bank of Philadelphia President Patrick Harker told Bloomberg on Friday that he doesn’t see the need now for additional rate increases but added that he could call for more hikes if inflation retreat stalled. Additional takeaways “Should hold rates steady and see how policy affects the economy.” “Labor markets are
Closing changes: S&P 500 +0.6% DJIA +0.7% Nasdaq Comp +.09% Russell 2000 +0.4% Toronto TSX Comp +0.5% On the week: S&P 500 +0.8 DJIA -0.4% Nasdaq Comp +2.3% Russell 2000 -0.4% Toronto TSX Comp -0.1% The chart of the Russell 2000 is concerning. It looks topped out and the economy is weakening. There was a
﴾1402/06/02 21:23:44 S.H.GMT﴿EA:SM01Forex predicted:91%Scalp∫MN1→Buy≈غالبر(Rank↓=98%-Weighted ave.=92%) لینک منبع : هوشمند نیوز
© Reuters. Investing.com – The U.S. dollar rose in early European trade Friday, climbing to a two-month high as traders positioned for hawkish comments from Federal Reserve Chair Jerome Powell at Jackson Hole. At 03:15 ET (07:15 GMT), the , which tracks the greenback against a basket of six other currencies, traded 0.2% higher at
Share: Cleveland Federal Reserve President Loretta Mester told CNBC on Friday that they probably have some more work to do with rates, per Reuters. Additional takeaways “We are getting close to where we need to be with rates.” “We need to see more evidence inflation is cooling.” “Economy momentum has been stronger.” “Fed
US equity markets pulled back strongly yesterday with US30 having its worst day since March, US100 its second worst in August and US500 swinging down $105 from the daily high to the daily low and drawing a big bearish engulfing pattern. The mighty NVDA started trading up 6.50% and ended the day +0.10%; JPN225 leads
Monday is the UK bank holiday and the following Monday is Labor Day in the US and Canada. Here’s to long weekends! This article was written by Adam Button at www.forexlive.com. لینک منبع : هوشمند نیوز
