FED

NEWS DESK

Cryptocurrency Market Reacts to Fed’s Expected Rate Cut; Bitcoin Falls from All-Time High – Century Financial

News Desk 1 18/12/2024 0

Bitcoin slipped on Wednesday after a three-day winning streak and a record high, as the digital currency saw profit-taking ahead of a Federal Reserve interest rate decision. Bitcoin fell 2.4% to $103,688.0, after breaching the $108,000 level a day earlier. The largest cryptocurrency

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Despite gains, bets on Fed could limit US Dollar’s uptrend – Noor Capital

News Desk 1 26/09/2024

The market is still overestimating Fed easing even while the Fed is defying dovish expectations. S&P Global preliminary September PMIs came in above forecasts, indicating that the economy is still doing well. Fed representatives will make an effort to temper their dovish remarks. Amidst growing concerns of a recession, the US Dollar Index (DXY), which […]

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Financial Markets’ Weekly Recap: the size of Fed’s rate cut in focus

News Desk 1 16/09/2024

US dollar has ceased its upward trajectory since the release of US economic data indicating a slowdown in consumer prices. This data has reinforced expectations that the Federal Reserve is likely begin cutting interest rates at its September meeting. This data has fuelled speculation that the Federal Reserve is likely to start rate cut September […]

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Commodities sector eyes fourth weekly gain amid softer dollar and Fed expectations – Saxo Bank MENA

News Desk 1 02/09/2024

Commodities The commodities sector is heading for its fourth consecutive weekly gain, and throughout August the sector has been supported by a combination of a softer dollar, lower Treasury yields, and expectations the US Federal Reserve will announce the first of several cuts at the 18 September FOMC meeting. Traders and analysts watching US economic […]

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Oil ends higher as Powell’s Fed policy comments lift prospects for U.S. demand

News Desk 1 26/08/2024

Oil ends higher as Powell’s Fed policy comments lift prospects for U.S. demand: Oil futures settled higher Friday, extending a bounce from the previous session, after comments from head of the Federal Reserve confirmed prospects for interest-rate cuts that would help strengthen the economy – and demand for crude. Halliburton Hit by Cyberattack:

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Fed Aligns Actions with Market Expectations to Boost Investor Confidence

News Desk 1 01/08/2024

Mohamed Hashad, Chief Market Strategist, Noor Capital Jerome Powell Takes Center Stage After Fed’s Interest Rate Decision The Federal Reserve, under the leadership of Chairman Jerome Powell, has demonstrated unwavering commitment to aligning and determination to adjust its actions with market expectations. Their recent decision to maintain interest rates without deviation

NEWS DESK

Gold prices rise in Asia as traders anticipate fed signals; Copper and Crude Oil show mixed trends – APM Capital Market Report

News Desk 2 10/07/2024

Wallstreet market U.S. stocks gave up gains towards the close on Tuesday, however the S&P 500 and Nasdaq Composite were still able to edge up to new record closing highs. The Dow Jones finished down. The Federal Reserve remains squarely focused on the dual mandate to promote maximum employment and stable prices for the benefit […]

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Fed does not rule out two rate cuts in 2024

News Desk 2 13/06/2024

Fed Chairman Jerome Powell noted that the revised forecast is a conservative approach and left open the possibility of additional rate reduction. Federal Reserve officials released a startling change to their estimates for the number of interest rate cuts this year. Following the two-day monetary policy meeting in Washington on Wednesday, policymakers released updated