US CPI and PPI Could Moderate Fed Cut Hopes – Orbex Forex Trading Blog

US stock benchmarks are aggressively dancing back toward uncharted territory as a massive wave of geopolitical optimism sweeps across the trading floor, right ahead of a long weekend for the US, for Memorial Day. Traders are feeling optimistic thanks to the ongoing diplomatic efforts, quickly moving past the doubts they had yesterday – The main…

Rachel Reeves is considering slashing funding for more energy efficient homes to pay for a reduction in energy bills, sources have told the Guardian, as the chancellor looks for ways to ease the cost of living in this month’s budget. Reeves is finalising a multibillion pound energy support package that is likely to cut taxes…

The e-FX market in Tokyo has grown steadily over the past 12 years, since the first e-FX survey was published by the Bank of International Settlements, back in 2013. Globally, e-FX accounts for nearly 60% of the $7.5trn daily volume in the FX market, as per the 2022 report.  In Tokyo, the ratio has risen…

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