Global News

The pair runs another strong week and remains close to multi-decade highs, despite the historic pivot from the Bank of Japan and the Fed’s dovish bias

The Fed maintained its implied path for three cuts this year despite recent inflation persistence, helping the stock market to new record highs, which is also boosted by ongoing AI exuberance

After recent persistence, inflation moderated in February according to today’s data, but remains far from the central bank’s 2% target, ahead of Thursday’s policy decision

In a historic move, the Bank of Japan unraveled the unorthodox and ultra-loose policies it has been implementing for nearly a decade, but pledged to maintain an accommodative stance

XAU/USD consolidates its recent gains as hot PPI exacerbates the sticky inflation theme and complicates the Fed policy path, ahead of next week’s decision

USOIL moves higher after the International Energy Agency raised its 2024 forecast for demand and lowered the one for output

Copper rose to the highest levels in nearly a month after Chinese smelters have reportedly agreed to cut output, amidst broader supply concerns

The pair pulled back from its 2024 highs as US inflation came in hotter than expected on Tuesday and UK wage growth eased, with the rate decisions by both CBs due next week

The pace of pay increases slowed further according to today’s data, helping the pair, ahead of next week’s UK inflation and BoE decision

HKG33 makes a strong start to the week helped by Chinese inflation pickup and Xiaomi’s jump after announcing deliveries of its first EV within the month

Comcast’s Universal got the most awards in Sunday’s Oscar ceremony with Oppenheimer, Disney’s Searchlight followed with Poor Things, Netflix , Warner and Amazon got just one accolade, while Apple won nothing