After breaking the $2k barrier for the first time in a year, gold has given back some of its recent gains ahead of Wednesday’s all-important Fed monetary policy decision. Read More
Oil prices continued their decline in the European session before bouncing ahead of the US open. Given the recessionary fears engulfing markets will we see a sustainable upside push for Oil prices? Read More
The prior resilience of the FTSE 100 index appears at risk as the very exposure to financials and energy that held it in good stead adds to its new-found fragility Read More
USD/JPY has continued to decline as mounting fears of further contagion throughout the banking sector weigh on the Dollar, boosting the safe-haven appeal of the Yen. Read More
The post Crypto Markets Shall Face An Inevitable Correction, Warns Peter Brandt appeared first on Coinpedia Fintech News The banking crisis has certainly brought the US down to its knees […]
The Dow Jones greatly underperformed the Nasdaq as traders flocked to tech stocks in anticipation of aggressive rate cuts from the Federal Reserve later this year after SVB’s collapse. All eyes turn to the central bank and Jerome Powell’s press conference on Wednesday. Read More
The US dollar’s trading bias will be defined by the Fed’s policy outlook next week. Traders should prepare for the possibility of a dovish guidance due to rising financial instability risks. Read More
The South African Rand has surrendered weekly gains after fears over the US banking system ease, supporting a resilient Dollar. USD/ZAR remains uncertain ahead of FOMC. Read More