About: melody

Recent Posts by melody

Bostic anticipates one rate cut this year and acknowledges influence from US-China relations on inflation

Raphael Bostic sees one rate cut in 2024, citing inflation concerns and modest economic growth ahead.

The GBP strengthens towards 1.3330 against the USD, continuing its upward trend from Thursday

Pound Sterling rises near 1.3330 amid weak US data; traders eye Fed rates, UK inflation outlook.

Italy’s April CPI showed a rise to 1.9%, with core inflation increasing to 2.1%

Italy’s April inflation slightly revised down; core inflation rises due to higher services prices at 3.0%.

Commerzbank’s analyst states that OPEC continues to expect an undersupplied oil market and confirms demand forecasts

OPEC maintains 1.3 million barrel demand forecast, warns of trade risks; supply cuts may boost production.

Global Times urges an extension of the US-China trade truce for further cooperation beyond 90 days

Beijing urges extended cooperation as 90-day window may be insufficient; progress depends on US patience.

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