Trevelyan

Here is what you need to know on Friday, September 26: Following a two-day rally, the US Dollar (USD) Index stays in a consolidation phase below 98.50 in the European morning on Friday. In the second half of the day, the US Bureau of Economic Analysis (BEA) will publish the Personal Consumption Expe

Federal Reserve (Fed) doves and risk-taking investors didn’t necessarily welcome Jerome Powell’s cautious tone in his speech yesterday, as the Fed Chair avoided committing to a rate cut at next month’s meeting. He repeated that the risks to the labour market are tilted to the downside, while inflati

The Euro consolidates after a modest recovery, with upside limited by hawkish Fed commentary.Consumer sentiment in the Eurozone improved in September to -14.9 in the preliminary reading, beating forecasts of -15.3.Focus now shifts to upcoming speeches from ECB’s Joachim Nagel and Fed officials Barki

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The Indian Rupee jumps to near 87.90 against the US Dollar as both the US and India signal optimism on a trade deal.US President Trump appreciated Indian PM Modi’s efforts to end Russia-Ukraine war.Investors are certain that the Fed will cut interest rates on Wednesday. The Indian Rupee (INR) extend

The Federal Reserve is expected to cut interest rates by at least a quarter percent this week, dropping its federal funds rate to between 4 and 4.25 percent. What will that mean for gold and silver? The metals have already gotten a boost from rate cut expectations, so there won’t likely be much effe

The Canadian Dollar (CAD) is entering Tuesday’s NA session with a modest gain as it seeks to extend Monday’s rally, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret note. Spreads show signs of stabilization into BoC "Fundamentals appear to be offering some stabilization and a possibl

Another record day for the S&P 500, fueled by strong earnings and the Federal Reserve’s (Fed) looming policy easing. Last quarter, S&P 500 companies grew earnings by ~13%, yet exclude Big Tech, growth was only 3 4%. A third of the index is dominated by Big Tech, with Nvidia alone accounting

Another month of disappointing Chinese data across the board may be creating a sense of deja vu, repeating last year's slowdown around this same time. We expect the recent softening of momentum to strengthen the case for unveiling new stimulus ahead. August data saw momentum weaken further China’s e

Bolivia has been using its gold reserves to maintain its solvency as it struggles under a massive debt burden. The Bolivian central bank has been buying gold from local miners, having it refined abroad (in Turkey), and then liquidating the bullion for dollars to service its debt. Now, a new report i

The Euro (EUR) trades in a climate of growing nervousness on the markets on Monday, with the EUR/USD pair close to 1.1750, down a slight 0.15% on the session. The single currency remains under pressure following the expected defeat of the French Prime Minister François Bayrou in a vote of confidence