Traders Brace for Possible Stagflation as Rates Rise Faster than Economic Growth
Traders Brace for Possible Stagflation as Rates Rise Faster than Economic Growth
The dollar moves higher against most of the major currencies after a drop in stocks stimulated demand for the safety of the world’s main reserve currency, and investors raised bets the Federal Reserve will increase interest rates by the end of the year after […]
Japan’s Central Bank Holds Rates Steady However Improving Its Outlook Of The Economy
Japan’s Central Bank Holds Rates Steady However Improving Its Outlook Of The Economy
Optimism found its way back in Japan today after the central bank announced not only their rate decision holding it steady at 0.1% but also they expressed improving their view regarding the future developments of the second largest economy in the world after […]
Europe Cuts Interest Rates
Europe Cuts Interest Rates
U.S. Dollar Trading (USD) came under pressure against riskier currencies as investors bought the Euro after milder than expected Quantitative easing measures from the ECB Thursday. Weekly Jobless Claims beat forecasts for the second week at 601K vs. 635K forecast. Crude Oil was down $0.11 ending the New York session at $56.33 […]