Oil futures extended their gains on Thursday in response to the U.S. Federal Reserve’s substantial interest rate cut. The reduction could support economic activity and stimulate...
The Federal Reserve’s interest rate decision came as a boost to the gold market and drove prices to a new high. The 50 basis point rate...
Digest – Markets continue to digest the Fed’s 50bp cut this morning, after choppy trade in reaction to Powell & Co’s decision, as focus shifts to...
Britain’s leading hospitality groups achieved modest year-on-year sales growth of 1.3% in August 2024, the latest edition of the CGA RSM Hospitality Business Tracker reveals. Groups...
The US Dollar Index (DXY) has witnessed a decline from its recent gains, reaching 100.86 during the last trading hours ahead of the highly anticipated Federal...
At the end of October the Chancellor will deliver her first Budget. Already the markets, as well as the general public, are expecting a tough Budget....
Gold prices remained steady, holding recent gains as investors await the Federal Reserve’s policy decision later today. The key focus is whether the Fed will cut...
The news flow from Lebanon is certainly being monitored closely and initially offered crude some tailwinds, although at this juncture oil traders remain highly sceptical on...
Digest – Markets trod water yesterday. Today, all eyes are on the FOMC, as market expectations remain delicately poised between a 25bp, or a 50bp, cut....
This morning’s UK inflation figures showed headline CPI remaining at 2.2% YoY in August, for the second month in a row, as price pressures continue to...
The U.S. dollar (USD) has ended a streak of three consecutive sessions trading lower, supported by better-than-expected economic data. Recent reports on retail sales and industrial...
The August US retail sales report, the final top-tier data point before tomorrow’s eagerly-anticipated FOMC decision, showed headline sales rising by 0.1%, considerably better than the...