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The Week Ahead on Wall Street: We’re Not in Kansas Anymore

We’re not in Kansas anymore. A paparazzi angles his obnoxious lens toward the black, tinted glass nestled on the quiet corner of Renwick and Canal Street in New York’s hipster enclave suburb of Soho. Ahead of the 2018 V…

11 min read

US Dollar: Fed hike expectations and limited gains – MUFG

MUFG’s Lee Hardman notes that the US Dollar (USD) has strengthened only modestly even as markets price in a Fed rate hike at this week’s FOMC meeting. Stronger US inflation and a hawkish repricing at the short end of th…

2 min read

Brent jumps above $104 as fresh supply threats rattle Oil markets

Brent Oil gains on Monday and trades around $104.20 at the time of writing, up 2.49% on the day. Oil prices benefit from a renewed geopolitical risk premium as tensions in the Middle East revive concerns over potential …

5 min read

Ripple on the Move: Is XRP Ready for a Double-Digit Pump?

Ripple’s cross-border token posted a modest 3% daily gain, which was enough for analyst Ali Martinez to suggest it “appears to be breaking out” and to predict a much larger increase.

2 min read

Fed Rate Hike Takes Center Stage in Packed Central Bank Week

(Kitco News) – The gold market delivered its fourth straight positive weekly performance, helped considerably by the announcement of a ceasefire between Israel and Hezbollah and the full reopening of the Strait of Hormu…

13 min read

Canada CPI Preview: Inflation forecast to remain stable in August

Canada’s August Consumer Price Index (CPI) figures will be the focus of attention when published on Monday. Indeed, Statistics Canada data will provide markets with an update on price pressures following the Bank of Can…

5 min read