EBC Daily Snapshot Jun 6, 2024

On Thursday, the dollar weakened as markets bet on a Fed easing cycle this year. Nearly 50 bps rate cuts are anticipated, starting in September.

Regulation: FCA (UK), ASIC (Australia), CIMA (Cayman Islands)
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ATFX Market Outlook 29th May 2025

ATFX Market Outlook 29th May 2025

The Federal Reserve’s meeting minutes highlighted concerns over persistent inflation and slowing job growth, reinforcing its cautious stance on interest rates. U.S. equity indices closed lower on Wednesday as investors digested the Fed’s minutes, and semiconductor stocks slumped late in the session. The Dow Jones fell 0.58%, the S&P 500 lost 0.56%, and the Nasdaq dropped 0.51%.
ATFX | 1h 23min ago
Fed minutes awaited as risk rally eases, dollar extends recovery

Fed minutes awaited as risk rally eases, dollar extends recovery

US dollar extends rebound, yen edges up too as bond yields creep up again. But stocks mixed amid persisting worries about US economy and debt. Kiwi up after RBNZ signals end of rate cuts, oil eyes OPEC decision. Can Fed minutes and Nvidia earnings turn around sentiment?
XM Group | 17h 48min ago
Crypto market postpones rally

Crypto market postpones rally

Expert market comment made by Chief Market Analyst Alex Kuptsikevich of the FxPro Analyst Team: Crypto market postpones rally
FxPro | 21h 25min ago