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Fed preview | Calm before the storm?
Don't forget the importance of Powell's press conference! Federal Open Market Committee (FOMC) will raise interest rates by another 0.75 percentage points for the fourth straight meeting. When Fed started raising the rates by 75 basis points, th...
Gold price rises as USD falls. What next?
Gold market and Fed meeting On Tuesday, November 1, simultaneously with the beginning of the two-day meeting of the Federal Reserve, the US dollar slowed a bit and Gold regained all of its yesterday loss, moving still higher. For the gold market...
AUD after the Central bank's decision!
RBA raised the rates by 25 basis points For the second meeting in a row, the Reserve Bank of Australia continued its slower pace of tightening policies. On October 4, while market participants were waiting for a 50-bps rate hike to 2.85%, the policym...
Inflation, Inflation, Inflation, and nothing more!
Can we still count on Soft Landing? Last week ended with US consumer price index data. On Friday, the US September core PCE price index increased by 0.5%, in line with market expectations, while the previous month was revised down to 0.5% from 0.6% i...
Bitcoin downtrend reversed – up the hill from here?
Bitcoin price is back above $20,500 currently! A glance at the daily chart reveals the price retreated three out of seven sessions last week – closing higher on the week! The downward momentum failed to reassert itself last week for the top crypto by...
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