Dollar edges up from 2-1/2 month low after Fed minutes By Reuters

© Reuters. FILE PHOTO: A bank employee counts U.S. dollar notes at a Kasikornbank in Bangkok, Thailand, January 26, 2023. REUTERS/Athit Perawongmetha By Samuel Indyk and Brigid Riley LONDON (Reuters) -The dollar rebounded from a 2-1/2 month low on Wednesday as the minutes from the Federal Reserve’s last meeting hinted that interest rates would likely

PIMCO says bullish longer term bonds (12 month horizon), cites peaking inflation

PIMCO said it was bullish on the performance of long-term bonds: continue to favour long-term bonds over the next year, as they provide high yields not seen for over a decade while offering a cushion against economic uncertainty and expectations inflation has peaked More: U.S. economic growth is expected to slow the remainder of 2023

European equity close: A look at the day, week, month and quarter

The month ended with some equity buying in Europe but it wasn’t a pretty picture for the week or September (aside from the UK). I do love when a month ends on a Friday though, so it’s a clean slate for October. On the day: Stoxx 600 +0.5% German DAX +0.5% France CAC +0.4% UK’s

​​​Nikkei 225, FTSE 100 and S&P 500 Try to Recover Into Month End​​​

Written by Axel Rudolph, Senior Market Analyst at IG Recommended by IG Get Your Free Equities Forecast Nikkei 225 stabilizes as September draws to an end ​ ​The Nikkei 225 stabilizes into month-end despite Japan consumer morale falling to a six-month low as better-than-expected preliminary industrial production and a positive close on Wall Street aided

British Pound Set for Worst Month Since August 2022 as Upside Exposure Builds

British Pound, GBP/USD, Technical Analysis, Retail Trader Positioning – IGCS Update British Pound set for worst month since August 2022? Retail traders’ bullish exposure relentlessly building Will the exchange rate bounce off near-term support? Recommended by Daniel Dubrovsky How to Trade GBP/USD At over -4 percent, the British Pound is on course for the worst

VIX Back at Year-to-Date Low, Nikkei 225 Hits Two Month High

Market Recap Recommended by Jun Rong Yeap How to Trade FX with Your Stock Trading Strategy A significantly stronger-than-expected US August retail sales (0.6% month-on-month versus 0.2% forecast), along with firm expectations for a rate hold from the Fed next week, fed into some soft landing hopes overnight. Major US indices registered a new one-week

Worst Day in Over a Month and Retail Traders are Less Bearish

Gold, Retail Trader Positioning, Technical Analysis – IGCS Update Gold prices fell the most in over one month Retail traders turned less bearish on Monday Does this bode ill for XAU/USD next? Recommended by Daniel Dubrovsky Get Your Free Gold Forecast Gold prices fell almost 0.7 percent on Monday marking the worst 24-hour period in