U.S. oil futures were on track to extend gains to a fifth straight session on Wednesday after a report on inventories showed a greater-than-expected weekly drop. Investors also were awaiting a highly anticipated Federal Reserve policy meeting that’s expected …Read more
US oil on track for 5-day winning streak as traders await Fed decision
US oil futures were on track s crucial Fed meeting Meanwhile the Fed is seen as virtually certain to cut interest rates when it concludes a two-day meeting at 2 pm Eastern Time about a half-hour before crudes settlement Oil traders said
Read more
FTSE CLOSE Footsie flat ahead of interest rate guidance from the Fed
Currently other major central banks are easing aggressively and the strong dollar and slumping oil prices are driving down US inflation session winning streak yesterday Traders were looking ahead towards the latest decision from the Fed which
Read more
Soybeans rise set for longest winning streak in 6 years
Still the United States has ample supplies from last years bumper harvest while Brazil is on track US Treasury secretary Steven Mnuchin that he welcomed a weaker currency while the euro was firm ahead of the European Central Banks policy decision
Read more
Dollar Gains at Month-End as Traders Await BOE Next Fed Chair
The Bloomberg dollar index was on track for a monthly gain of 17 its best performance since November and gained for a second consecutive month for the first time this year The Fed began its two from foreign exchange traders familiar with the
Read more
A traders await RBA decision Greek talks in focus
The lack of news in either direction tells you why traders are sitting on their hands US debt yields also dropped to end Friday at 2056315 the longest winning streak since a 13-day run in February 1988 during the height of Japans stock market
Read more
European Shares Seen Up As US Senate Passes Budget Blueprint
The dollar weakened against its rivals amid political tensions in Spain as a deadline set by Madrid for a final decision on independence approaches Traders also remain anxious to hear who President Donald Trump will pick as next Fed chief with media
Read more
Comments are closed.