The eight OPEC+ countries with voluntary production cuts are likely to decide next weekend to increase oil production by 411 thousand barrels per day in…
The Nasdaq 100 index reached a record high on Tuesday, and the S&P 500 is a mere 150 pips away from a record high. US…
The Bank of England is expected to keep its policy rate at 4.25%. UK inflation figures remain well above the BoE’s target. GBP/USD maintains its…
The Australian Unemployment Rate is forecast to have held steady at 4.1% in May. Employment Change is expected to post a modest 25K advance after…
The Bank of Japan is set to keep interest rates steady at 0.50% on Tuesday. The focus will be on the BoJ’s JGB purchases tapering…
United States (US) Treasury Secretary Scott Bessent hit the newswires on Wednesday, giving his thoughts on the US debt ceiling, and also teased around the…
Since reaching its low on April 7, 2025, Dow Futures (YM) has shown signs of recovery. The Index has initiated a rally that requires further…
US Consumer Price Index set to show May inflation uptick, supporting Federal Reserve’s cautious tone
The US Consumer Price Index is expected to rise 2.5% YoY in May, at a stronger pace than it did in April. The annual core…
Pound Sterling tumbles as weak set of UK labor market data boosts BoE dovish bets The Pound Sterling (GBP) faces a sharp selling pressure against…
The Pound Sterling plummets against its major peers after the release of the weak UK labor market data for the three months ending April. UK…