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Tag: US President Biden

NZ dollar rebounds on sticky inflation report – MarketPulse

The New Zealand dollar has bounced back with...

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Week Ahead – US inflation data the headline, BoC ponders another hike, possible RBNZ pause – MarketPulse

US This week is all about inflation. Annual inflation will tumble as energy prices drop and due to base effects,  but many traders will...

Week Ahead – Debt ceiling drama, Turkish rate decision pre-Presidential run-off – MarketPulse

US Wall Street will remain focused on debt ceiling drama, a plethora of Fed speak, flash PMIs, and bank stress. It will be a...

Week Ahead – Can CPI, Retail Sales, and Bank Earnings derail Fed rate hike odds?

US The US labor market is softening, but still remains tight and that should keep the door open for policymakers to raise rates again...

Week Ahead – Inflation issues sinking in

US Disinflation trends are struggling and now Wall Street will look to see if improving manufacturing and service activity will further fuel pricing pressures....

Oil weaker on demand outlook, gold steadies

Oil Crude prices are tumbling as energy traders reassess...

Oil rises, gold punches past USD 2000

Oil prices stay firm Oil prices remained firm overnight, finishing around 4.0% higher for the day after President Biden announced a unilateral ban on Russian energy imports. The move was well telegraphed, with oil markets having already moved higher this week in anticipation. What stopped any further squeeze was the entirely sensible decision by Europe […]

Oil surges, gold eyes record highs

Oil powers higher All the headlines suggest oil prices will continue to go higher.  Global energy supplies will continue to get tighter now that both the US and UK will ban Russian oil.  The US took it one step further and also will ban Russian natural gas and other energy sources.  Russia’s economy will take […]

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