Crude prices benefited from a large, unexpected drop in U.S. oil stockpiles and softer inflation data. Softer producer price index data heightened expectations for a September 50-basis point Fed rate cut. Meanwhile,…
Tag: remain
Traders remain cautious
The pound-dollar pair traded relatively flat as traders could remain cautious during the elections in the UK. Sterling has appreciated since the beginning of the week as market sentiment remains positive, with…
US Treasury yields ease, risks remain
US Treasury yields eased today, with the US 10-year note yield hovering around the 4.43% mark following Monday’s strong climb. However, the 10-year note yield remains near its highest level in a…
Further Fed hikes remain off the table for now
The ‘Fed put’ remains alive and well after the May FOMC meeting, with the backdrop for risk assets still supportive, as further hikes remain off the table for now. In many ways,…
Company valuations remain a significant constraint to deal completion
ThinCats, the leading alternative finance provider to mid-sized SMEs, has today published results from its latest UK wide corporate finance adviser survey, which shows a marked improvement in sentiment compared to six…
Gold soars on Fed rate cut speculation, but correction risks remain
Gold continued its rally, reaching new record highs. This surge was driven by last week’s softer U.S. inflation data, which supported expectations that the Federal Reserve would begin cutting interest rates in…