Several largest American companies will publish their financial results this week. BTCUSD and XAUUSD are skyrocketing. What's going on in the markets?
|CPI (consumer price index) is an important indicator of consumer inflation. The Federal Reserve takes this indicator into account when it makes decisions about the key interest rate. The Fed’s interest rate decision and monetary policy statement will be published on March 21, so the CPI release at 14:30 MT time on March 13 is highly important. If the index is higher than expected, the market’s confidence in the upcoming rate hikes will increase making the greenback go up.|
The dollar's status as the world's reserve currency could only be recovered if the US controls its spending. The huge budget deficit and rising interest rates on the US national debt should scare every American, analysts say. Read the full report to learn more!
Chinese investors are selling the UST. Meanwhile, the earning season continues. What's going on in the markets?
The Japanese yen fell to its lowest level against the US dollar in 33 years. Read the full report to learn the next target for USDJPY!
The US stock market fell in the third quarter. What's going on and why economists think that the last quarter will be better? Let's discuss it all here.
BlackRock CEO forecasts the Fed may have to raise rates further. The US dollar index (DXY) gains 130 points today. Read the full report to get more fresh news and technical analysis!