The Week Ahead – Focus on Fed Minutes and US Inflation figures amid Energy Concern
After many volatile moments last week, the market is expected to adjust in the larger part of this week ahead of Wednesday’s Fed minutes and US inflation figures. Last week started with an upbeat OPEC meeting which saw oil prices reached a multi-year high. However, energy crises in the UK and China together with a […]
Daily Market Analysis: near zero Fed rates plan supports the Dollar
The dollar jumped by 0.7% on Wednesday after the US Federal Reserve concluded its two-day monetary policy meeting with major focus on keeping the interest rate near zero until 2023. Here is today’s daily market analysis The US Central Bank is unrelenting in its effort to support its economy following the Coronavirus hit. After injecting […]