Eurozone inflation, BOE policy decision the main events on the agenda today ...Middle East

There are quite a few things at play in markets at the moment. For one, the dollar is firmer as the Fed notes that its supposed 'base case scenario' is not for a rate cut in March. EUR/USD is once again testing 1.0800 now ahead of European trading. However, Treasuries are doing their own thing with yields dropping heavily and that is putting a drag on USD/JPY in particular. The pair fell from 147.80 yesterday and is now little changed today at 146.90.In the equities space, investors are heeding the warning from the Fed with stocks selling off yesterday. But in the commodities space, gold is making decent headway in a climb back above $2,040 amid lower yields.So, there are definitely some mix

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Last updated : 01 February 2024 clock 09:41 AM

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Eurozone inflation, BOE policy decision the main events on the agenda today ...Middle East

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