Market News

Bitcoin Reverses From Highs; Greenback, US 2-Year Treasury Yield Advance Again; Soft Commodities Rise: Sugar, Cocoa, Coffee ETFs Near Multi-Year Highs; Chinese GDP Up To 4.5%

Greenback Opens Week Stronger; US 2-Year Treasury Yield Rises as May Hike Expected; Soft Commodities Rise, Sugar, Cocoa ETFs Near Multi-Year Highs.

Reserve Bank of Australia Governor Phillip Lowe said in a statement that the decision to not hike rates this month was made considering the cumulative rate rises of 3.5% made over the current rate hike cycle.

Australia’s Cash Rate Maintained at 3.60%; GBP/USD Near Long-Term High; Soft Commodities Rise, Sugar ETF at Multi-Year High

WTI Up By 8%; Swiss Inflation Expected to Drop; Soft Commodities Rise, Sugar ETF at Multi-Year High

NASDAQ 100 Rises 20% From December Low; Commodities Rise, Sugar ETF Near Multi-Year High; Asian Stock Markets Lower

The latest Australian inflation data showed that price rises have cooled from the peak of 8.4% annualized inflation for December last year, to a lower rate of 6.8%.

Australian CPI Drops by More Than Expected; Commodities Rise, Sugar ETF Hits Multi-Year High; Stock Markets Higher

Banking Shares, Risk Sentiment Stronger; Crude Oil, Other Commodities Rise

Riksbank’s Thedeen Says Underestimated Inflation; Markets Start Week Quietly; US Treasury Yields Remain Weak

The Federal Reserve has increased interest rates in the US by 0.25% for the second successive meeting, amid turmoil in the banking system which might have led to a pause in rate hikes.

Fed Hikes Rates by 0.25%, Drops “Ongoing Increases” Language; Stocks Fall But Recover in Asian Session; US Treasury Yields, Dollar Fall

Markets Narrowly Expect 0.25% US Rate Hike; Risk Appetite Recovers; Global Stock Markets, US Treasury Yields Rise

Stock Markets Higher on Improved Risk Sentiment; US Treasury Yields Claw Back Losses; Gold, Bitcoin Hit Long-Term Highs Yesterday

Takeover Wipes Out $17bn of CS Bonds; US 2-YR Treasury Yield Well Below 4%; Gold, Bitcoin Hit Long-Term Highs; Potential Fed Hike Seen Likely as End of Cycle