Dollar, stocks, and yield all become less agitated
On Monday, the dollar, stocks, and bond yields all moved lower while investors cashed in on some of their recent bets which had expected the fiscal push from the incoming … [Read more...]
In anticipation of markets tightening in 2017, the oil prices are rising
The oil price, on Monday, increased because of the anticipation of a tighter supply of crude in 2017 following the Organization of the Petroleum Exporting Countries (OPEC) and … [Read more...]
5 Highlights on the Economy in the Coming Week
In this coming week, the market players in the economy will be contemplating the release of the final reading on Thursday about the U.S. third-quarter gross domestic product … [Read more...]
With the Fed rate increase priced in, the markets are looking to 2017 for hints
The Federal Reserve (Fed) is starting its two-day meeting on monetary policy for a rate increase on Tuesday, and the markets are completely priced with a 25 basis point increase to reach a range of 0.50%0.75%. The investors are more inclined to be focused on the updated … [Read more...]
West Texas Intermediate oil futures fight to maintain {currency}50 after crude inventory data
West Texas Intermediate (WTI) oil futures, in an automatic response, cut down on losses in their North American trading on Wednesday, following data indicating oil supplies in the U.S. registered a supply draw that was twice as large as expected. Nevertheless, investors … [Read more...]
A jump for the New Zealand dollar, euro remains firm into European Central Bank
Among major currencies, the New Zealand dollar had the biggest lead on Thursday, after it rose by 0.7 percent following the speech by Graeme Wheeler, the Reserve Bank Governor, that added to the speculation that next year the bank would increase the interest rates. With all … [Read more...]