Forex
Surprise decision: OPEC will go ahead with April oil output increase (confirmed)
OPEC+ was expected to delay a planned April oil output increase but is instead going ahead with it, according to a delegate cited...
Dow Jones Industrial Average softens on uneasy Monday
The Dow Jones Industrial Average (DJIA) spun in a worried circle on Monday, opening the gates on a new trading week and holding...
Fed’s Musalem: Unanchoring inflation expectations would concern me
Federal Reserve (Fed) Bank of St Louis Alberto Musalem hit newswires on Monday, admitting that signs of economic deterioration are beginning to show...
US tech stocks come under fresh pressure. Nvidia down 7%, Tesla turns negative
There is some real divergence in the fortunes of stocks within the Nasdaq at the moment. The Nasdaq Composite is down 1.2% but...
Mexican Peso rebounds as markets await tariff decision
The Mexican Peso recovers some ground against the Greenback on Monday, a day before tariffs of 25% would be applied on Mexican goods...
What stimulus is expected from China’s National People’s Congress this week
US economic data, AI and Donald Trump are dominating the market's attention at the moment but the real signal for the global economy...
Fed’s Musalem: Recent consumer and housing data pose some downside risk
This is a pretty sharp shift in tone from Musalem, who was leaning hawkish very recently.Outlook is for continued solid growth but recent...
Goldman Sachs highlights a quirk in US GDP calcuations that will help the US grow
Last week's huge US trade deficit caused a big downgrade in Q1 growth expectations for the US but Goldman Sachs took a deeper...
German and UK stocks close at record highs
Money is flowing to Europe at the moment, with some big gains in stock markets today led by defense.STOXX 600 +1.2% to record...
Pound Sterling Price News and Forecast: GBP/USD rallies on soft US ISM data, falling US yields
The Pound Sterling (GBP) snaps two days of losses and is rising over 0.89% amid a weaker US Dollar (DXY), which appreciated on...