Valerie瓦勒莉
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CAC 40 Slides As Fed Flags Lack Of Further Progress On Inflation
French stocks fell notably on Thursday after the U.S. Federal Reserve said it doesn't plan to cut interest rates until it has "greater confidence" that price increases are slowing. Also weighing on sentiment, the latest HCOB PMI data showed that conditions in the French manufacturing sector continue
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Silver Price Forecast: XAG/USD retreats from $26.80 amid uncertainty ahead of US NFP
Silver price drops from $26.80 as US Dollar, bond yields rebound ahead of US Employment data. The US Employment data will influence speculation for Fed rate cuts in June. The Fed is still confident of rate cuts this year despite progress in disinflation has stalled. Silver price (XAG/USD) falls back
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U.S. Manufacturing Index Dips Slightly More Than Expected In April
The Institute for Supply Management released a report on Wednesday showing a modest contraction by U.S. manufacturing activity in the month of April. The ISM said its manufacturing PMI slipped to 49.2 in April from 50.3 in March, with a reading below 50 indicating contraction. Economists had expecte
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Market shaken up on prospect of just one Fed rate cut in 2024 [Video]
The market simply can’t get away from needing to reprice Fed rate cut bets, and this ongoing repricing has been driving yield differentials further in the US Dollar’s favor while opening added downside pressure on stocks. Share: Analysis feed
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