About: davin
Recent Posts by davin
As the dollar weakens, gold recovers slightly, though persistent high rate expectations and oil inflation limit gains
Gold rebounds as dollar eases, while Hormuz tensions and higher oil fuel inflation and keep rates elevated.
US 4-week bill auction yield remained unchanged, holding steady at 3.595%, according to official results
U.S. 4-week Treasury bill auction cleared unchanged, with yield holding steady at 3.595% versus previous sale.
With the dollar easing, EUR/USD recovered from lows despite strong PMIs and ongoing Hormuz-related US-Iran tensions
EUR/USD rebounded as dollar softened despite upbeat US PMIs; Hormuz tensions lifted oil, inflation concerns, central-bank divergence.
Commerzbank’s Ghose says USD/TRY could hit 55 by year-end as Turkey shuns hikes, using interventions
Commerzbank warns Turkey held rates, used FX interventions, as inflation rises, reserves fall, lira depreciation accelerates.
In April, Kansas Fed manufacturing activity in the United States edged down from 11 to 10
Kansas Fed manufacturing activity eased in April, with index slipping to 10 from 11, signaling slower expansion.
