10-year sovereign debt yields in Europe and Japan posted larger net increases than did the comparable U.S. Treasury yield last month. None of the major central banks in the table below changed their interest rate benchmark during the month. Among other central banks, cuts were made of 100 basis points in Chile, 50 bps in […]

<p>Gold trading also gave an interesting reaction following the market since yesterday focused on the highly anticipated FOMC meeting.</p><p><br /></p><p>This is due to the movement of gold which is inversely correlated with the US dollar currency.</p><p><br /></p><p>Before the meeti

U.S. share prices reacted poorly to Fed Chairman Powell&#8217;s press conference, ending January&#8217;s stellar month on a downbeat. Pre-market futures trading today suggest yesterday&#8217;s loss will be partly trimmed. Powell didn&#8217;t explicitly rule out a rate cut in March but indicated that a reduction then is not in the ba

<p>"Many countries have joined BRICS, will the agenda be achieved?"</p><p><br /></p><p>A few months after the 2023 BRICS Summit, South African Foreign Minister Naledi Pandor announced that Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates (UAE) have confirmed their interest in joining th

<p>"Hmm do you think the price of BTC will go down again?"</p><p><br /></p><p>Bitcoin (BTC) fell below $42,500 when Federal Reserve (Fed) Chairman Jerome Powell made somewhat hawkish comments during the Federal Open Market Committee (FOMC) meeting at three o'clock this morning despite hopes of an i

<p>Oil prices closed lower yesterday due to lower economic pressure in major crude importer China and a sharp increase in US crude inventories since the cold weather-induced increase in production this month.</p><p><br /></p><p>Brent crude for March ended yesterday was down $1.16 (1.4%) to $81.71 a barrel and the

<p>"I really like Robert Kiyosaki with BTC, his confidence never collapses."</p><p><br /></p><p>Robert Kiyosaki, the famous author of 'Rich Dad Poor Dad' who is a strong supporter of the cryptocurrency Bitcoin (BTC) has gained attention after revealing his investment strategy on X's socia

<p>The Bank of England kept interest rates unchanged on Thursday, after policymakers issued differing views on the right move for policy, and Governor Andrew Bailey wanted more evidence that inflation would return permanently to target before making a move.</p><p><br /></p><p>Six of the nine members of the Moneta

<p>What happened to the GBP/USD currency pair chart after the FOMC meeting early this morning?</p><p><br /></p><p>At first the price increase was shown to reach the level of 1.27500, but after the market evaluated the statement delivered by the Chairman of the Federal Reserve (Fed) Jerome Powell at the FOMC meeti

<p>Major central banks were seen keeping interest rates on hold in January, in line with an expected change in tone in global monetary policy, while several other emerging market countries continued to cut rates.</p><p><br /></p><p>January saw six of the central banks overseeing the 10 most traded currencies – th