Reuters with the headline, citing sources familiar with the matter. That said, no policy change is still expected from the meeting so the reason for the delay is not believed to be anything untoward. From earlier: OPEC+ reportedly to stick with output policy in latest meeting today This article was written by Justin Low at
Month: August 2024
The major US stock indices are opening higher ahead of the FOMC rate decision at 2 PM ET. The employment cost data came in a little bit weaker than expectations at 0.9% versus 1.0%. The market is shrugging off the so-so earnings from Microsoft although it started is down -1.4%. Meta Platforms is on deck
The Bank of England meeting precedes Pill: Bank of England meet Thursday, rate cut expected, but a ‘hawkish’ cut Pill is speaking from 1615 GMT / 1215 US Eastern time: takes part in an online Q&A about the central bank’s quarterly Monetary Policy Report, released earlier in the day This article was written by Eamonn
The USDJPY is moving back toward its low for the day as yields move lower. The 2-year is now down -7.3 basis points at 4.286%. The 10 year yield is down -6.9 basis points at 4.072%. Looking at the 4- hour chart, the move lower has price testing the high of a swing area at
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Credit: @iamaries454 on Tiktok Trading the consumer price index (CPI) news gone wrong.