Copper Drops to 3-Month Lows despite China Rate Cuts
The barrage of rate cuts in China – a key consumer and producer – did not impress market and prices of the commodity continue their decline
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The barrage of rate cuts in China – a key consumer and producer – did not impress market and prices of the commodity continue their decline
The pair trades with caution against a volatile monetary policy backdrop, following last week’s apprehensive ECB and ahead of US inflation update
The index is cautious and stays in consolidation as today’s inflation update sustains uncertainty around the central bank’s rate path
The index regains its footing as markets price in three cuts within the year and focus now shifts to Netflix earnings, which kicks things off for Big Tech
The pair registered a sharp fall on Thursday following cooler US inflation, in a move that that has markets guessing if Japanese authorities intervened again
After a four-week profitable streak, USOil faces headwinds as consumption concerns resurface and IEA reiterates view for a substantial slowdown in demand growth
The central bank of New Zealand stayed on the sidelines again today, but its messaging was more dovish compared to the previous meeting, raising chances of rate cuts within the year
The BoJ has started normalizing its ultra-easy stance, but progress is slow, so the Yen continues to suffer and JPN225 extends it rally to new records
The index slides following Thursday’s elections, but the UK has its best opportunity for stability and the new PM has made economic growth the main priority
USOil runs its fourth straight profitable week and reached the highest levels in nearly three months, boosted by tightening fundamentals
The entertainment giant returned to box office hits with Inside Out 2 and its $1 trillion gross, in another indication that the turnaround efforts are making an impact, but the stock remains in a precarious position
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