BOE cuts rates to 4.5% as U.K. growth stalls. Pound weakens, gold gains. Will policymakers signal another cut as soon as March? Read more….Read More
Tag: Economics
Michigan Consumer Sentiment Drops To 67.8; SP500 Pulls Back From Session Highs
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EIA Natural Gas Storage Draw Of -174 Bcf Exceeds Analyst Expectations
Natural gas prices have started to move higher as traders reacted to the report. The storage draw exceeded analyst estimates, which may provide additional support to natural gas markets. However,…
U.S. Jobless Claims Surge to 219K, Pressuring Fed Outlook
The four-week moving average of initial jobless claims, which smooths out volatility, increased by 4,000 to 216,750. This uptick suggests a gradual increase in jobless claims rather than an isolated…