Energies
Monthly Archives: October 2022
Further Fed hikes coming, and the Recession might be near
Written on October 18, 2022 at 6:13 am, by Designer
The Federal Reserve is expected to keep raising interest rates at a fast pace to combat inflation, a move that is expected to boost the dollar and weigh on oil markets. Rate hikes are also expected to cool global economic growth, which is a negative signal for crude markets. On the other hand, an escalatingContinue Reading
Dollar starts a slow week; and Sterling heads downwards
Written on October 17, 2022 at 8:18 am, by Designer
The U.S. dollar started a slow-paced week as the dollar index traded slightly below 113 during the Asian session. However, this week is expected to be calm with the absence of major news. On the other hand, the Sterling pound is heading downwards on the conflicted tons from Britain’s prime minister Liz Truss. However, theContinue Reading
U.S. Inflation hit hard, and Fed hikes might accelerate
Written on October 14, 2022 at 8:50 am, by Designer
The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.4% in September on a seasonally adjusted basis after rising 0.1% in August, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, all items index increased 8.2% before seasonal adjustment. Rising U.S. interest rates, following hotter-than-expected inflation in September, are alsoContinue Reading
The Day of the U.S. inflation data
Written on October 13, 2022 at 8:54 am, by Designer
Consumer price inflation, the more closely-watched inflation indicator today, is expected to show inflation remained near the 40-year highs it recorded last month. U.S. Dollar Index (USDX) U.S. inflation data for September is also a key point of focus for metal markets this week. Producer price inflation data is due later on Wednesday and isContinue Reading
Financial Market Await the U.S. CPI data
Written on October 12, 2022 at 11:45 am, by Designer
This material provides real-time market analysis from contributing analysts. Please note that any views expressed in this material do not constitute operational advice. It is important to assess your risk tolerance and make independent trading decisions. STARTRADER holds no responsibility for any trading consequences that may arise from relying on the views expressed in thisContinue Reading
Markets await the U.S. CPI data tomorrow
Written on October 12, 2022 at 8:34 am, by Designer
Consumer price inflation, the more closely-watched inflation gauge, is due on Thursday and is expected to show inflation remained pinned near 40-year highs last month. However, weakening risk appetite pushed investors to the greenback, with the dollar largely overtaking the title of Safe-Haven. U.S. Dollar Index (USDX) U.S. inflation data for September is also aContinue Reading
BOE; between fighting inflation and buying bonds
Written on October 11, 2022 at 10:31 am, by Designer
The dollar was broadly higher in early trading in Europe on Tuesday as the pound weakened amid fresh signs of trouble in the U.K. government bond market. The Bank of England said it would widen its purchases of Gilts to include index-linked bonds. Meanwhile, Britain’s unemployment rate fell to its lowest since 1974 at 3.5%Continue Reading
