News and Information
The UK will hold a general election in July. How are the UK stock market and the pound likely to perform?
Britain is less than six weeks away from a general election, and opinion polls suggest the center-left Labour Party could return to power after 14 years. Analysts say the UK stock market will respond positively to the result, while the pound is more focused on inflation and interest rate policy.
The Federal Reserve's interest rate cuts have repeatedly failed, and the dollar has risen and gold has plummeted by nearly $90!
The dollar rose 0.1 percent to close at 105.03 on Thursday, a fourth straight session of gains, after data showed U.S. business activity accelerated in May to its highest level in more than two years, indicating that economic growth picked up halfway through the second quarter.
Crude oil trading reminder: Worried about the rise in US interest rates, oil prices have fallen to a new low in nearly three months
US crude oil extended its decline in early Asian trading on Friday and is trading near $76.77 a barrel. Oil prices fell for a fourth straight day on Thursday amid fears that US borrowing costs could rise again if inflation spikes, potentially hurting oil demand. So...
Foreign exchange platform: Haitong Futures May 23 crude oil daily
For the second consecutive trading day, oil prices rebounded in vain. After the shock on Wednesday, oil prices closed at a low level, setting the lowest closing price of this round of correction. After repeated shocks, the lower support weakened, and the center of gravity of oil prices fell. The US Department of Energy announced that it will sell 1 million barrels of gasoline reserves to reduce gasoline prices in the US market. The intention of controlling oil prices before the US election is very obvious....
Fed meeting notes damage to interest rate cut prospects, analysts: dollar bulls point to near three-week high
The dollar surged on Wednesday (May 22) after the Federal Reserve released the FOMC meeting notes for May, which raised concerns about persistent inflation and indicated that interest rate cuts are unlikely in the near future. Market analysis said the dollar index is on track to challenge 105.74, a near-three-week high hit on May 9, on the back of rising trading volume....
After the April inflation data was released, Federal Reserve policymakers remained cautious
As investors reassess the outlook for interest rates following the release of consumer price index (CPI) data in April, several Federal Reserve policymakers plan to speak this week.
The basis for corn and soybeans in the Midwest of the United States was stable, and futures prices rose due to the weather
FX documentary platform news - U.S. corn and soybean futures prices rose on crop weather concerns in Brazil and the impact of U.S. planting rains, but cash markets had limited sales as prices fell below their highs. The U.S. Department of Agriculture reported corn and soybean planting progress ahead of expectations despite rain disrupting field work in the Midwest. Gulf of Mexico barge quotes were solid, affected by floods in Brazil and farmers waiting for prices to rise in Argentina....
After gold skyrocketed, it fell back, and the dollar rebounded slightly! Focus on new clues about the path of US interest rates!
The dollar rallied slightly on Monday as investors awaited further clues to help paint a picture of the path of US interest rates, even as inflation showed signs of cooling, following cautious comments from Federal Reserve officials.
Nomura Securities update forecast: European Bank will cut interest rates in June, but not in July!
Nomura has revised its forecast for the European Central Bank's monetary policy, abandoning expectations for a rate cut in July. The financial services group now expects the ECB to cut interest rates by 25 basis points in a row in June, September and December, followed by similar cuts in March, June and September next year....
DBG Shield Bo foreign exchange platform: US media say the Iranian president has been killed! Gold prices have once again reached an all-time high
On Monday (May 20), Asian time, spot gold shock rose, once refreshed the record high of 2440.53 US dollars/ounce, on the one hand, after the US inflation data released last week, the market is expected to raise interest rate cuts by the Federal Reserve, continue to support gold prices; on the other hand, concerns about the geopolitical situation also continue to provide safe-haven buying support for gold prices....
As inflationary pressures persist in the UK, the Bank of England will continue to cut interest rates
On Friday (May 17), the pound fell slightly against the dollar in early Asian trading, temporarily reporting 1.1.2655, down 0.12%. Green, the Bank of England's monetary policy commissioner, said the Bank of England should wait for more solid evidence that strong inflationary pressures are becoming less stubborn before cutting interest rates....
The rebound in the US dollar index has pressured the price of gold at an important juncture, whether gold bulls have a chance
Gold prices fell on Thursday after receiving double resistance near the 2400 mark and the upper Bollinger Line as the U.S. dollar and U.S. Treasury yields rebounded, but signs of cooling U.S. inflation cemented the Federal Reserve's hopes of cutting interest rates this year and kept gold prices near a one-month peak.
The dollar fell more than 1 percent against the yen as U.S. CPI data showed that inflationary pressures were easing
Daocheng Technology Financial News - In the U.S. market on Wednesday (May 15), the dollar fell as much as 1.1% to 154.736 against the yen, before narrowing some of its losses. The yen exchange rate has fluctuated significantly in recent weeks, with the end of April falling from 1990 to...
After the release of US CPI data and retail sales, gold continued its upward trend
On Wednesday (May 15), spot gold prices rose in the US market after the release of the US Consumer Price Index (CPI) and retail sales data for April. The data was lower than economists expected, which means the Federal Reserve may be stronger than previously expected...
Investors are watching Powell's speech, waiting for this week's key inflation data to provide clues for the Federal Reserve to cut interest rates
Daocheng Technology Financial News - On Tuesday (May 14), spot gold fluctuated in a narrow range during the Asian session, and is currently trading at $2338.02 an ounce. Gold prices fell 1% on Monday on profit taking, closing at $2336.10 an ounce.
