Tag Archives: Rate Cut
New Zealand Balances Inflation and Investment Reforms
New Zealand Inflation Steady at 2%, Rate Cut Expected New Zealand’s annual inflation rate remained steady at 2% in the fourth quarter of 2024, slightly higher than anticipated but still within the Reserve Bank of New Zealand’s target range of 1–3%. On a quarterly basis, the Consumer Price Index (CPI) rose by 0.5%, easing slightly […]
CPI Rises, Inflation Concerns Grow
Markets Bet on June Rate Cut The consumer price index (CPI) climbed 0.4% last month, marking the largest increase since March, following a 0.3% rise in November, as reported by the Bureau of Labor Statistics. Annually, CPI rose 2.9% through December, the highest since July, up from November’s 2.7%. Part of the annual CPI rise […]
Australian Inflation Trend Boost RBA’s Rate Cut Prospects
Core Inflation Drop Strengthens Case for RBA Action In November, Australian consumer prices saw an uptick largely due to an associated rise in the cost of electricity. This edged inflation up from a three-year low, in turn bolstering the case to cut interest rates as early as next month due to the decline in in […]
Fed Faces Balancing Act Amid Slowing Rate Cuts
Balancing Inflation and Employment On Sunday, Federal Reserve Governor Adriana Kugler and San Francisco Fed President Mary Daly underscored the complex balancing act facing U.S. central bankers as they aim to slow the pace of rate cuts this year. Last year, the Fed reduced short-term interest rates by a full percentage point, bringing them to […]
Gold Prices Plunged, But Rebound is On The Way
In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the GOLD for DEC 19, 2024. Fundamental Analysis GOLD Key Takeaways Technical Analysis GOLD Daily Chart Insights (GOLD Daily Price Chart, Source: Ultima Markets MT4) GOLD 1-hour Chart Analysis (GOLD H1 Price Chart, Source: Ultima Markets MT4) GOLD Pivot Indicator (GOLD M30 Price […]
Gold Slips Amid Fed Rate Speculation
Gold Falls on Dollar Strength, Fed in Focus On Tuesday, gold slipped 0.25%, closing at $2646/ounces. This is mainly driven by the pressure from a strengthening U.S. dollar and climbing Treasury yields as investors focused on the Federal Reserve’s final policy meeting of the year with growing expectations of a gradual pace of rate cuts […]
ECB is Hard to Save The Euro
In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the EURUSD for DEC 12, 2024. EURUSD Key Takeaways EURUSD Technical Analysis EURUSD Daily Chart Insights (EURUSD Daily Price Chart, Source: Ultima Markets MT4) EURUSD 1-hour Chart Analysis (EURUSD H1 Price Chart, Source: Ultima Markets MT4) EURUSD Pivot Indicator (EURUSD M30 Price Chart, […]
Inflation Fears Ease, Fed Eyes Rate Cut
CPI Data Align with Expectations On Wednesday, the consumer price index rose 0.3% last month, same as the expectation of 0.3%, also marking the largest gain since April. The U.S dollar strengthened after CPI data came in line with forecasts, U.S dollar index rising 0.23% to close at 106.62. (U.S Dollar Index Chart, Source: Trading […]
US Dollar Rise on Stronger Nonfarm Payrolls
US Dollar Rise on Stronger Nonfarm Payrolls Last Friday, the increase in the jobless rate showed weakness in household employment data. The smaller and more volatile household survey that determines the unemployment rate showed a decrease of 355,000 jobs. In contrast, nonfarm payrolls increased by 227,000 in November, following an upwardly revised increase of 36,000 […]
Weaker Inflation Might Trigger Rate Cut from the SNB
Inflation Falls Short of Expectations On Tuesday, data from the Federal Statistics Office revealed that Swiss annual inflation edged up to 0.7% in November from 0.6% in October, falling short of the forecasted 0.8%. Meanwhile, consumer prices dipped by 0.1% compared to the previous month, aligning with expectations. (Switzerland CPI y/y, Source: Investing.com) In 2024, […]
