Asia FX Mixed as Fed Caution offsets Optimism Over Slowing Inflation
Dec 14, 2022
Most Asian currencies kept to a tight range on Wednesday in anticipation of an interest rate hike and more cues on monetary policy from the Federal Reserve, although sentiment was somewhat lifted by softer-than-expected U.S. inflation data. Most regional units rose on Tuesday
Oil Surges As Speculation Over OPEC Cut Outweighs China concerns
Nov 29, 2022
Oil prices jumped on Tuesday as traders bet that recent weakness in the market will invite more supply cuts by the OPEC, while anti-government protests in China and hawkish signals from the Federal Reserve worsened the outlook for demand. Oil marked a volatile
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