By Edward Moya US stocks ended the week lower lower as Wall Street gets anxious over what the Jackson Hole Symposium on August 24-26 might do to soft landing hopes. Just look
By Edward Moya Now that we heard from Walmart, it is clear that the US consumer is still willing to spend. Expectations for robust consumer spending in Q3 have been confirmed and
By Edward Moya US stocks are getting hit with a one-two punch on the Fitch US sovereign downgrade overnight and expectations the US Treasury will continue to boost the size of their
By Edward Moya US stocks wavered as a key Federal Reserve survey showed loan growth is weakening and that the economy should steadily weaken. The Senior Loan Officer Opinion Survey (SLOOS) indicates
By Theo Theodorou There has been a complex relationship between the price of WTI crude and the US Dollar. Given that crude oil is denominated in USD, it was anticipated that a
By Craig Erlam Markets are buzzing at the US open on Wednesday, with investors buoyed by a very promising inflation report from the US. The CPI report not only beat the headline
By Lukman Otunuga, Senior Research Analyst at FXTM European shares were painted green on Tuesday even as oil prices extended gains following the unexpected production cuts from OPEC+ on Sunday. However, a
By Craig Erlam Stock markets were moving cautiously higher again on Tuesday as anxiety continues to subside in the aftermath of last month’s mini-banking crisis. RBA pauses The RBA paused its tightening
By Craig Erlam It was another remarkable day in financial markets and it, unfortunately, doesn’t feel like the worst is behind us. Fear has once again gripped the markets, concerned about a
By Craig Erlam It hasn’t been the most thrilling start to the week, but the good news is that it should improve from here as the US rejoins and the economic calendar
