Financial Markets Report For Tuesday, Nov 25
In this video, Ira Epstein discusses recent economic data and its implications for potential interest rate cuts, noting the market's reaction to speculation that Kevin Hassett might be the next Federal Reserve chair.
The Commodities Feed: Peace Plan Hopes Continue To Weigh On Energy Markets
Positive signals from both the US and Ukraine regarding a Russia-Ukraine peace deal continue to put pressure on energy markets. However, there’s little clarity on where Russia stands on the current plan
Gold Rises On Firming Fed Rate Cut Bets And Weaker USD, Positive Risk Tone Might Cap Gains
Gold attracts fresh buyers following the previous day's two-way price move and climbs back closer to the $4,150 level during the Asian session on Wednesday.
EUR/USD Rises To Near 1.1600 As US Data Boost Fed Rate Cut Bets
EUR/USD extends its winning streak for the third successive session, trading around 1.1580 during the Asian hours on Wednesday.
AUD/NZD Tumbles To Near 1.1430 As RBNZ Cuts OCR By 25 BPS To 2.25%, As Expected
The AUD/NZD pair slides vertically to near 1.1430 during the Asian trading session on Wednesday.
ETF Digestiv
As I struggle to stay awake after a big Thanksgiving meal, here are a few thoughts in the caption area of these charts.