About: anakin

Recent Posts by anakin

In January, consumer credit in the United States surpassed forecasts, rising to $18.08 billion

Consumer credit rose, AUD/USD weakened, gold surged, and markets await US CPI data and Bank of Canada decisions.

After Germany’s policy shift, Euro forecasts increased, with EUR/USD projected at 1.20 by 2026

Germany plans a €500 billion infrastructure fund; euro projected to reach $1.20 by late 2026.

Mary Daly of the Fed indicated that economic uncertainties may impact US demand without rate changes

Mary Daly emphasizes uncertainty’s impact on demand but advises maintaining interest rates, aligning with Jerome Powell’s caution.

Lutnick affirmed Trump will adhere to the planned tariffs on aluminium and steel imports shortly

U.S. steel and aluminium tariffs take effect March 12, impacting imports, businesses, and market stability amid trade policies.

Oil producers are reducing capital investment, contrary to presidential requests and shareholder preferences

Oil producers cut spending amid rising costs, prioritizing shareholder returns over drilling expansion despite presidential calls.

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