Wall Street closed high and gold prices retraced as the fears over the banking sector crisis abated; the dollar index remains calm before the Fed’s interest rate decision announcement, which will be made later today (22nd March). However, investors are starting to discuss the banking turmoil as aftermath of central banks’ frenetic …
Meanwhile, bond markets have also increased on bets that the Fed will remain relatively hawkish even as the markets await the CPI data today U.S. major equity market indexes went up by more than 1% before the CPI release later today, with investors betting the CPI will prove the inflation in the …
What You Need to Know The market continues to be optimistic ahead of the U.S. key inflation reports which will be released later today. Stock markets closed higher and the dollar extended its bearish momentum in the hope that the Fed will be more lenient in the upcoming rate hikes. Australia extended …