November 2022 – TradenTalks

jerome Powell to Set Stage For Slowing Fed ate Hikes Amid Hawkish Tone

November 30, 2022 Administrator_Indiadovetail, dynamics, expectations, MacroPolicy, previously, sustainably0 comment

Jerome Powell is scheduled to deliver a speech, nominally focused on the labor market, at an event on Wednesday hosted by the Brookings Institution in Washington. It will be one of the last from policymakers before the start of a quiet period ahead of their Dec. 13-14 gathering. Chair Jerome Powell is expected to this week cement expectations that the Federal Reserve will slow its pace of interest-rates increases next month, while reminding Americans that its fight against inflation will run into 2023. Powell is scheduled to deliver a speech,…

Asian Market

Asia FX inches Higher Ahead of Powell speech, China optimism Fades

November 30, 2022 Administrator_Indiahighlights, increasing, policymakers, remained, sentiment, unexpectedly0 comment

Most Asian currencies crept higher on Wednesday as markets awaited more cues on U.S. monetary policy from Federal Reserve Chair Jerome Powell, although weak economic data from China and uncertainty over the country’s COVID policy weighed on sentiment. Still, most regional units were set to end November substantially higher on a weaker dollar and expectations of slower interest rate hikes by the Fed. The Chinese yuan rose 0.2%, even as data showed that business activity in the country shrank more than expected in November. The data highlights the increasing impact…

Oil

Oil Surges As Speculation Over OPEC Cut Outweighs China concerns

November 29, 2022 Administrator_Indiabriefly, disruption, Economic, Relaxing, worsened0 comment

Oil prices jumped on Tuesday as traders bet that recent weakness in the market will invite more supply cuts by the OPEC, while anti-government protests in China and hawkish signals from the Federal Reserve worsened the outlook for demand. Oil marked a volatile start to the week, initially tumbling as much as 3% as Chinese protests against the government’s strict zero-COVID policy intensified. But prices recovered later in the session, ending Monday a shade higher as markets bet that the Organization of Petroleum Exporting Countries (OPEC) will step in to…

Market

Dow Futures Dip After Positive Week

November 28, 2022 Administrator_Indiaemployment, industrial, Investors, optimistic, potentially0 comment

U.S. stock futures were trading lower during Sunday’s evening trade, after major benchmark indices finished the holiday shortened week higher as investors proved optimistic amid potentially smaller interest rate hikes from Federal Reserve policymakers. By 6:36pm ET (11:36pm GMT) Dow Jones Futures were down 0.2%, S&P 500 Futures fell 0.3% and Nasdaq 100 Futures were down 0.4%. In the week ahead, market participants will be looking toward fresh speeches from FOMC members Bullard and Williams on Tuesday and CB consumer confidence on Wednesday. On Thursday, ADP employment, JOLTS job openings,…

Market

How to Set Financial Goals for Your Future

November 25, 2022 Administrator_IndiaDisability, income, Insurance, portion, prematurely, replace, retirement0 comment

Setting short-term financial goals, as well as midterm and long-term, is an important step toward becoming financially secure. If you aren’t working toward anything specific, you’re likely to spend more than you should. You’ll then come up short when you need money for unexpected bills, not to mention when you want to retire. You might get stuck in a vicious cycle of credit card debt and feel like you never have enough cash to get properly insured, leaving you more vulnerable than you need to be to handle some of…

Market

Dollar Down as Fed Minutes, U.S. Data Weighs

November 24, 2022 Administrator_Indiaacknowledged, conditions, demonstrable, Economic, growth, policymakers0 comment

The U.S. dollar fell across the board on Wednesday, after minutes from the Federal Reserve’s November meeting showed that most policymakers at the central bank agreed it would soon be appropriate to slow the pace of interest rate hikes. The readout of the Nov. 1-2 meeting, at which the Fed raised its key rate by three-quarters of a percent for the fourth straight time in an effort to combat decades-high inflation, showed officials were largely satisfied they could stop front-loading the rate increases and move in smaller steps. The minutes…

Market

Gold steady, Copper Rises Amid Smaller Rate Hike Expectations

November 23, 2022 Administrator_IndiaBenefits, conditions, copper, demand, Economic, industrial, metals0 comment

Gold prices steadied on Wednesday, while copper extended strong gains as risk-driven assets rallied on expectations that the Federal Reserve will hike interest rates at a slower pace in the near-term, which also trimmed dollar gains. A growing number of Fed officials said in recent weeks that the central bank is likely to raise interest rates by a relatively smaller margin – 50 basis points (bps) – in December. This spurred a growing amount of bets that U.S. inflation has peaked, and that the central bank will eventually taper its…

Oil

Oil Rises on Saudi Supply Signals, But Demand Fears Cap

November 22, 2022 Administrator_Indiaannounced, Federal, greenback, particularly, recently, recession, Reserve, Several, Strength0 comment

Oil prices rose on Tuesday following commitments to tightening supply from Saudi Arabia and the Organization of Petroleum Exporting Countries (OPEC), although concerns over slowing demand in China and a potential U.S. recession kept gains muted. Crude markets reversed sharp losses in a volatile session on Monday after Saudi Arabia, the leader of the OPEC said reports suggesting that the cartel planned to hike supply in December were false. Instead, the OPEC will commit to its 2 million barrel per day supply cut until the end of 2023, and also…

Asian Market

Asia FX Slammed By China COVID Spike, Russia-Ukraine Woes

November 21, 2022 Administrator_Indiaenough, Government, infections, introduction, rising, seats, secured0 comment

Most Asian currencies slumped on Monday, with the yuan hit especially hard as China logged a record jump in daily COVID cases, while the dollar benefited from safe haven demand amid fears of a potential escalation in the Russia-Ukraine conflict. The yuan slid 0.6% to a 10-day low, while its offshore counterpart shed 0.7% as several Chinese cities saw a record spike in new COVID-19 cases. But losses in the currency were somewhat eased by the People’s Bank of China maintaining its key lending rates. Rising infections saw the introduction…

Market

How The 2022 Dubai Expo Will Enhance Opportunities

November 19, 2022 Administrator_IndiaBenefits, Different, experience, Extraordinary, Shopping, Visitors0 comment

Expo 2022 Is A Hub of Experiences That Offers Something to Excite Everyone. Whether You Want to Unleash Your Inner Technologist, Step into The World of Diverse Tastes, Fuel Your Creativity, Or Seek Business Opportunities, Dubai Expo Is the Best Answer for All. It Is a Unique World of Novel Experiences Offering Over 60 Daily Shows and Over 200 Restaurants With World-Class Cuisine. You Will Find Various Theme Weeks That Focus on Global Challenges and Life-Changing Innovations Here. Plus, You’ll Inject a Dose of Entertainment Through All Your Senses, Learn…