Shareholder and bondholder both aim at maximizing their investment, both of them often confused as one, but they are very different on several terms.
Deutsche Bank shares fell on Friday following a spike in credit default swaps Thursday night, as concerns about the stability of European banks persisted.
The Reserve Bank of Australia (RBA) lifted the official cash rate by 25 bps to 3.6 per cent on Tuesday, marking the 10th consecutive hike since May 2022.
Pfizer Inc. is a research-based global biopharmaceutical company. It engages in the discovery, development, manufacture, marketing, sales and distribution of biopharmaceutical products worldwide.
Markets are sending conflicting signals about how big a threat the global trade rift presents.
Activision Blizzard Inc. stock was up nearly 6% in afternoon trading Friday after the U.K.’s Competition and Markets Authority said it was narrowing the scope of concerns that it had about the company’s pending acquisition by Microsoft Corp.
During the Asian session on Friday (March 24), spot gold oscillated narrowly and is currently trading near $1990.30 per ounce. The impact of the Fed's dovish rate hike has receded and the turmoil in the banking sector in Europe and the United States has eased, with long and short wait-and-see sentiment building. Although the dollar bottomed out overnight to make some of the bulls have concerns, gold prices are still expected to have a chance to shock higher after the market. Because of the mediu
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
In the early morning of this morning, US Treasury Secretary Yellen changed his tone and said that "we are prepared to take action to protect deposits when necessary." In addition, the number of initial claims for unemployment benefits announced last night in the US is still below 200000, indicating that the US labor market remains strong, which has a negative impact on the Fed's dove expectations. As a result, the US dollar index has recovered some of the land lost since the Fed raised interest
The USD/CAD stayed at 1.3643 following the release of Canadian inflation, the lowest since March 7 and then rebounded sharply amid a stronger US Dollar, approaching 1.3740.
Canada's benchmark stock index fell on Wednesday, giving back some of its gains in recent days, as investors assessed the Federal Reserve's move to raise interest rates and signal that its tightening campaign is nearing an end.
Stakes are high at the next Federal Reserve rate meeting, but even more so for gold buyers as XAU/USD rose by 11.17% from March 8 to 20, and the price still lingers around the highs.
WCG Markets:2023-03-24
FTSE 100 claws back an early fall after the unexpected rise in inflation announced today, closing 0.4% up ahead of interest rate decisions in US this evening and UK tomorrow.
Bitcoin price action targets $28,500 with “all classes” buying BTC, but the odds of the Fed pausing rate hikes are decreasing by the hour.
Let's see below markets expectation for some trading pairs as the Fed maintain it's word.
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
Spot gold oscillated slightly higher during the Asian and European sessions on Thursday (March 23) and is currently trading near $1976.64 per ounce. The Federal Reserve raised interest rates by 25 basis points as expected, but hinted at an imminent pause in further rate hikes in light of the recent turmoil in the financial sector. The dollar index fell to a new low of nearly one and a half months, which gave gold prices upward momentum.
The Federal Reserve just raised interest rates by 25 basis points as expected at the rate meeting, but left the terminal rate unchanged and abandoned its commitment to "keep raising rates". As a result, the dollar index took a big dive and is narrowly missing the 102 mark, closing down 0.59% at 102.56.
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