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Markets
Dow Jones toys with further downside on Wednesday
The Dow Jones Industrial Average (DJIA) struggled to hold next to flat on Wednesday, mired in a downside trajectory near the 46,000 major price handle. The Dow Jones fell for four…
Fed Minutes showed officials remained cautious and divided
The latest release of the Fed's meeting Minutes offered a wide-ranging look at how policymakers are weighing the path ahead. From rate-cut debates to concerns about inflation,…
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WTI falls as EIA draw offsets API build, Russian sanctions cap losses
West Texas Intermediate (WTI) US Oil trades around $59.00 on Wednesday at the time of writing, down 2.80% on the day. The price remains under pressure as traders weigh mixed US…
US and Saudi Arabia reach deal for rare earths facility in Gulf kingdom
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Rare earths group MP Materials is partnering with the US…
Edges lower to 1.3120 as soft UK CPI boosts BoE easing outlook
GBP/USD edges lower to 1.3120 as soft UK CPI boosts BoE easing outlookGBP/USD edges modestly lower on Wednesday as inflation in the United Kingdom (UK) ticked lower in October,…
Overbought RSI flashes caution, but upside bias intact
USD/JPY extends its upward trajectory on Wednesday, with the pair surging to levels last seen in mid-January. At the time of writing, the pair trades around 156.54, up nearly…
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GBP/USD edges lower to 1.3120 as UK CPI fuels BoE rate cut bets
The GBP/USD edges modestly lower on Wednesday as inflation in the UK ticked lower in October, increasing the chance of a possible interest rate cut by the Bank of England (BoE). At…
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