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Markets
Silver Price Forecast: XAG/USD rebounds from $31.60 as sticky US CPI boosts Fed rate cut bets
Silver price recovers from 31.60 after the US CPI data release, which showed that price pressures remained sticky in November.
An expected growth in the US…
UK fintech Stenn collapsed after Russia money laundering case drew scrutiny
Stay informed with free updatesSimply sign up to the FintechmyFT Digest -- delivered directly to your inbox.UK fintech Stenn collapsed into administration after a reference to the!-->!-->…
US Dollar falls flat after CPI opens door for last Fed rate cut in 2024
The US Dollar falls back to flat after inflation gauge for November falls in line of expectations.
Traders are boosting bets for a rate cut next week from…
Exxon doubles down on oil production spending as peers pull back
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.ExxonMobil announced plans to boost spending on oil…
BoC set to cut interest rate again as economic growth challenges persist
Bank of Canada is expected to cut its policy rate by 50 bps.
The Canadian Dollar fell to fresh four-year lows against the US Dollar.
Headline inflation in…
The Three-Dollars Problem
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Karthik Sankaran is a senior research fellow in…
Gold steadies below $2,700 ahead of the US CPI report
Gold rally stalls below $2,700 with all eyes on the US CPI data for November.
US Consumer Prices are expected to show sticky inflationary pressures and…
US equities provide rocket fuel for record ETF flows in November
All roads led to Wall Street in November as the US equity market dominated a record month for the global exchange traded fund industry.Net flows into ETFs globally hit $205bn in…
BoJ officials remain open to a hike next week depending on data, market developments – Bloomberg
Citing people familiar with the matter, Bloomberg reported on Wednesday that the Bank of Japan (BoJ) policymakers see little cost to waiting for the next rate…
Happy 400th birthday to the world’s oldest bond
Four hundred years ago — on New Year’s Day in 1624 — drifting ice on the river Lek in the Netherlands smashed up a dike outside Utrecht. This was a pretty big problem in a country…