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Posted 22/06/2023

BoE Surprises with 50bps Rate Hikes to Combat Persistent Inflation

The Bank of England (BoE) on Thursday surprised the market with a 50 basis...

Posted 22/06/2023

Oil Drifts Lower but Remains Near 2-Week Highs as Traders Weigh Mixed U.S. Crude Data

Oil prices drifted lower in early Asian trade on Thursday, but remained near two-week...

Posted 22/06/2023

U.S. Fed Chair Powell Expects More Rate Hikes to Bring Down Inflation

The U.S. Federal Reserve Chairman Jerome Powell on Wednesday said that further interest rate...

Posted 21/06/2023

Biden Labels Xi Jinping as Dictator, Two Days after High-Level Meeting in China

Just two days after sending Secretary of State Antony Blinken to a high-level meeting...

Posted 21/06/2023

Oil Gains Little as Traders Weigh China Rate Cut, Fed Comments

Early Wednesday morning Asian trade saw oil prices inching higher on the back of...

Posted 19/06/2023

Oil Down Nearly 2% as Traders Anticipate Further Developments from Fed, China Rate Decision

Oil prices dropped nearly 2% in early Asia trade on Monday as investors braced...

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