Fed chair Powell’s dovish tilt saw the dollar sold off on Friday while stocks ripped higher. Meanwhile, gold also shot up a bit while Treasury …
Author: admin
Barclays had previously only penciled in just one rate cut for December while BNP Paribas was not expecting the Fed to cut rates at all …
Fed chair Powell kept the door open for a move in September after he acknowledged risks surrounding the labour market and the economy. He noted …
The yen weakened in Asia with USD/JPY rebounding toward 147.50 in what looked like a retrace of Friday’s Powell-driven drop. Broader FX moves were modest, …
HSBC has raised its end-2025 targets for China’s major equity benchmarks, citing abundant liquidity as the key driver. The bank now sees the Shanghai Composite …
European markets are open today, but the UK is closed for a holiday. UK markets will be absent, which will mean much less liquid trade …
Goldman Sachs lifted its price target on Cambricon to CNY 1,835, up from the current share price of 1,243. The bank cited three key drivers …