GBP/USD OUTLOOK:The British pound surges, rising more than 2% against the U.S. dollar after the UK government reverses nearly all tax cut plans announced a few weeks agoGBP/USD has recovered most of the...
US DOLLAR OUTLOOK: BULLISHThe U.S. dollar, as measured by the DXY index, registers another positive week, supported by higher Treasury ratesBond yields surge on hotter-than-expected inflation U.S. CPI dataStubbornly high inflationary pressures will...
S&P 500 OUTLOOK:U.S. stocks mount a remarkable turnaround after a sharp sell-off in early trading sparked by hotter-than-expected U.S. inflation dataThe S&P 500 advances 2.0% after tumbling as much as 2.5% at the...
SEPTEMBER INFLATION KEY POINTS:September U.S. inflation rises 0.4% on a monthly basis, bringing the annual rate to 8.2% from 8.3% in August, topping expectationsCore CPI climbs 0.6% month-over-month and 6.6% compared to one...
SEPTEMBER FOMC MINUTES KEY POINTS:The Fed minutes from the September meeting reiterates that policymakers remain resolute on the need to make monetary policy more restrictiveThe S&P 500 pushes into positive territory after the...
GBP/USD OUTLOOK:GBP/USD bounces off technical support and resumes its recovery on TuesdayBroad-based U.S. dollar weakness bolsters the British poundDespite today’s moves, uncertainty about the UK’s fiscal-monetary policy mix will remain a headwind for...
