Latest News
Report: EIA lower-than-expected increase in US natural gas inventories
The Energy Information Administration (EIA) has released its latest report on natural gas storage, highlighting a change in the number of cubic feet of...
USA Economy
US Federal Reserve sticks to fixed interest rates
The interest rate was left unchanged at 4.5% and there was no change in the balance sheet policy guidance, both as globally expected. The...
Bank of Japan Raises Interest Rates to 17-Year High
In a surprise move to the markets, the Bank of Japan raised short-term interest rates by 25 basis points, to 0.5% from 0.25%. This...
Forex News
Pressure on US dollar amid trade and political issues
The US Dollar Index (DXY), which tracks the US dollar against six major currencies, failed to surpass the 104.50 level in previous attempts. The...
Central Banks
Bank of Japan Governor Warns Against Rushing to Rate Raises
Bank of Japan Governor Kazuo Ueda noted that the Japanese economy is close to achieving a sustainable inflation rate of 2%, which indicates a...
Monetary Policy Statement: ECB cuts interest rates by 25 basis points
The Board of Governors decided today to cut the ECB's three key interest rates by 25 basis points. In particular, the decision to lower...
ECB set to cut interest rates amid economic pressure
The European Central Bank (ECB) is expected to announce a rate cut on Thursday, in response to the deteriorating economic conditions in the eurozone....
Japanese yen rises on BOJ governor’s comments amid policy divergence
Japanese yen outperformed on Friday, with the USD/JPY pair rising to 146.06, up 0.14% on the day. The yen has seen notable strength this...
Fundamental News
US unemployment claims record a limited decline
In the week ending April 12, the number of applicants for seasonally adjusted initial claims was 215,000, down 9,000 from the revised level for...
News
Report: EIA lower-than-expected increase in US natural gas inventories
The Energy Information Administration (EIA) has released its latest report on natural gas storage, highlighting a change in the number of cubic feet of...
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