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US Economic Data - Global stocks fall on fears of more US interest rate increases
Brent crude slid 1.1 per cent to $92.52 a barrel, while the US equivalent West Texas Intermediate declined 1.2 per cent to $88.58 a barrel. Energy and basic materials stocks led fallers in Europe, ...
US Dollar Breaks Higher Again As FOMC Meeting Exceeds The Hawkish Expectations
The US Dollar (USD) rose against the Pound (GBP) and Euro (EUR) on Wednesday after a pause in the Fed’s hiking cycle was not perceived as dovish. Another rate hike this year is still being forecast. A ...
Gold Price Forecast: XAU/USD remains steady around $1,930, focus on US data
Gold price maintains its position around $1,930 ahead of US economic data. Fed’s hawkish stance on interest rate trajectory bolsters the US Dollar (USD). Higher US bond yields are weakening the ...
US Fed Pauses Rate Hikes But Predicts Long Fight Against Inflation
After 11 interest rate increases since March last year, inflation has fallen sharply but remains stuck stubbornly above the Fed's long-run target of two percent per year -- keeping pressure on ...
US spending in Ukraine explained in four charts
Volodymyr Zelensky needs the US to give more aid to Ukraine, but some are growing wary of the hefty price tag.