Federal Reserve Bank of Philadelphia President Patrick Harker: Says he supported the steady interest rate stance at latest FOMC meeting Fed will stay higher for longer, no sign of near-term rate cuts Now is a time to take stock of past rate hikes’ impact Next Fed rate choice “could go either way” depending on the
Morgan Stanley assessed the impact on oil markets from the brutal Hamas attack on Israel. said that as neither Israel nor its direct neighbours are large oil producers the near-term risk to oil supply is limited MS did add though something to watch out for: “However, that could change in case the conflict were to
Market Recap of clients are net long. of clients are net short. Change in Longs Shorts OI Daily 0% -5% -2% Weekly 39% -21% 5% Wall Street managed to stabilise overnight from its recent sell-off, despite another climb in Treasury yields and a pull-ahead in the US dollar (+0.4%). The US 10-year yields were up
Gold and Silver: Near-Term Technical Update Gold and silver prices weakened on Monday XAU/USD inches closer to key rising support XAG/USD might have more room to consolidate. Recommended by Daniel Dubrovsky How to Trade Gold XAU/USD Analysis Gold and silver prices have continued lower amid the rise in longer-term US Treasury yields and a stronger
Share: Economists at Crédit Agricole highlight uncertainties surrounding a potential US government shutdown and its implications for the USD. Some relief and support to the USD if a resolution to prevent the shutdown is reached before the deadline The expectation is that a resolution will be reached before the 1 October deadline, possibly
