interest rate

Oil prices edge up on prospects of OPEC+ maintaining output cuts

OPEC+ is likely to extend its voluntary oil output cuts of 2.2 million barrels per day beyond June

Gold prices slip as Fed keeps rates unchanged, key U.S. data in focus

Powell's assurance that further rate hikes were off the table will help bullion

Oil prices rally as U.S. crude inventories surge, Fed maintains interest rate

Surprise increase in U.S. crude inventories and prospects of a ceasefire in the Middle East add downward pressure on prices

Bitcoin price slides to $57,103.10 ahead of Fed meeting

Investor sentiment remains cautious ahead of the interest rate decision by the US Federal Reserve

Gold prices marginally rise ahead of Fed’s policy decision

Gold prices have declined more than $140 after reaching a record high of $2,431.29 on April 12

Gold prices dip ahead of U.S. Fed meeting, key economic data

Gold lost 2.2 percent last week amidst easing tensions in the Middle East

Oil prices dip ahead of Fed meeting as supply disruptions cool

Market expectations for any rate cuts have been pushed out, which could boost the U.S. dollar and potentially dampen oil demand and prices

Gold prices dip as hope for early rate cuts diminishes

Gold could capitalize on potential downturns in U.S. macroeconomic data in the coming quarters

U.S. inflation rises to 2.7 percent in March, Fed likely to hold rates next week

The central bank has kept interest rates at 5.25 to 5.50 percent since July 2023

Russia’s central bank maintains 16 percent interest rate, raises inflation forecast

The central bank raised inflation forecast to 4.3-4.8 percent, up from 4-4.5 percent

Eurozone lending stagnates in March, ECB rate stance deters borrowers, lenders

This data supports the ECB's plan to start cutting eurozone interest rates in June after inflation falls slightly above its 2 percent target

Gold prices increase ahead of key U.S. inflation data

Despite the increase, gold prices were down around 2.3 percent, their biggest weekly drop since early December

Bank of Japan keeps interest rate unchanged, yen hits 34-year low

Recent attempts by Japanese authorities to intervene in currency markets have been ineffective

U.S. economy grows 1.6 percent in Q1, slowest in nearly two years

Decline in government spending contributes to moderation in U.S. economic activity

U.S. economy likely to grow 2.4 percent in Q1 as delayed rate cuts signal inflation surge

U.S. labor market supports growth with job gains averaging 276,000 per month in Q1 of 2024

Gold prices recover as markets await key U.S. economic data

Gold could remain between $2,300 and $2,350 unless a fresh catalyst emerges

Oil prices stabilize as focus shifts to U.S. economy, interest rates

The unexpected decrease in U.S. inventories, as indicated by industry data, provided some support to crude prices

Dollar-yen exchange rate hits 34-year peak as investors monitor Japan’s currency support measures

The dollar climbed to 154.85 yen, its highest point since the middle of 1990

China leaves benchmark lending rates unchanged in line with market expectations

The country kept one-year LPR at 3.45 percent, five-year LPR at 3.95 percent

Gold prices hit over two-week lows on easing Middle East tensions

Gold dipped more than 2 percent in the previous session, its largest intraday decline in over a year

ECB stays committed to multiple rate cuts despite Fed’s caution, global uncertainty

Officials highlighted that the ECB's decisions hinge on incoming data, especially regarding wages, profits, and productivity

Oil prices rebound by 27 cents, Brent crude reaches $87.27 per barrel

Investors fueled the increase as they continued to assess geopolitical concerns in the Middle East

Gold prices decline as Middle East tensions ease, markets await U.S. inflation data

Bullion loses safe-haven appeal amidst reduced geopolitical risks