The Reserve Bank of Australia (RBA) maintained its cash rate at 4.1% during its April meeting, holding borrowing costs unchanged after slashing 25 bps in the February meeting, aligning with market consensus. The committee also kept the interest rate on Exchange Settlement balances at 4.0%.
Source: Trading Economics
Crude oil futures fell slightly on Friday (November 28th) as investors weighed the geopolitical risk premium on oil amid protracted Russia-Ukraine peace talks, while keeping an eye on Sunday's OPEC+ meeting for clues on potential production...
Gold surged past $4,220 an ounce on Friday (November 28th) to a one-month high and is on track for a fourth straight monthly gain as markets price in a higher probability of a Fed rate cut in December. Dovish statements from several Fed officials...
European stocks ended Friday in positive territory as investors digested the end of a choppy month. The pan-European Stoxx 600 closed the session 0.2% higher, with major bourses and most sectors in positive territory. November has been a volatile...
Trading on the Chicago Mercantile Exchange (CME) was halted on Friday (November 28th) following a cooling issue at one of its data centers.
"Due to...
Conflicting signals from the Federal Reserve on the timing and magnitude of U.S. interest rate cuts have accelerated hedging flows into swaptions...
European stocks ended Friday in positive territory as investors digested the end of a choppy month.
The pan-European Stoxx 600 closed the session...
Both the STOXX 50 and the STOXX 600 hovered around the flatline on the final trading day of a volatile November, as the recent rally in global...