Minutes from the Fed’s May meeting showed a tilt toward a less hawkish stance, but news of these deliberations did not provoke a major reaction in the markets, with traders focused on the U.S. debt limit drama....
USD/ZAR is up roughly 0.5% today after slowing SA inflation and uncertainty around the US debt ceiling weighs on the rand ahead of the SARB rate decision tomorrow....
Oil prices have enjoyed a positive rally this week with production fears ramped up as the OPEC+ meeting looms. Are we in for further production cuts from OPEC+?...
The New Zealand dollar tumbled after the Reserve Bank of New Zealand (RBNZ) raised its benchmark rate by 25 basis points, in line with expectations, but signalled it may be done with tightening....
The US Dollar ticked higher with Treasury yields to start this week, but the debt ceiling debacle loiters as a potential catalyst for market action. Will the DXY Index rally continue?...