Will Fed Push Back Against Imminent Rate Cuts?

The energy industry has undergone several major changes in the XXI that are becoming increasingly apparent. The global oil market, particularly Brent crude, has entered a phase of notable decline, with prices plummeting to six-month lows. This downturn reflects growing concerns over the prospects of falling fuel demand amidst various economic challenges and market dynamics. […]

The Reserve Bank of New Zealand left its key rate unchanged at 5.5%, the highest in 15 years, but on hold for six months now. The decision was in line with market expectations. However, the NZDUSD rallied, adding over 1.2% at one point and touching 0.6200, a 4-month high. The buying impulse came from the […]

The Japanese yen has fallen to its lowest since 1986 against the dollar and a historic low against the euro. Its YTD loss is 12.5%, the third-worst performance after the Nigerian naira and the Egyptian pound among the 36 most liquid global currencies. This performance of the currency has the monetary and financial authorities in […]