Concerns that the Fed will have to wrestle with elevated inflation for a long time slowed this week’s rally
Already $63bn of transactions have been announced in North America, the most for a comparable monthly period since November
Easing recession fears provide some support, though uncertain demand outlook clouds outlook
There has been talk that the Fed might slow its aggressive monetary tightening
A slight easing of inflation readings drove global stocks higher and capped a rising dollar this week
Spot gold holds steady at $1,789.81 as dollar heads for weekly decline
Investors remain unsure on how much the Federal Reserve will raise interest rate
Equities have been buoyed this week by better than expected US inflation numbers, which have eased concerns about future interest rate hikes
Business Day TV speaks to RMB head of FX execution Matete Thulare
Industrial metals continue momentum as investors cheer another better-than-expected inflation report in the US
Investors anticipate central banks to dial back on September interest-rate hikes due to peaking inflation
Fed officials say the central bank will ‘stick to its guns’, despite softening inflation
The International Energy Agency has raised its demand growth forecast for 2022 as consumers favour oil over gas
Physical oil prices have fallen internationally, reflecting easing concerns over Russian-led supply disruptions and worries of a global economic slowdown
A softer-than-expected US inflation report may encourage less aggressive rate hikes from the Federal Reserve
Federal Reserve policymakers will continue to tighten monetary policy until price pressures are fully broken, hurting bullion
Markets have staged a relief rally after data showed inflation may be peaking in the world’s largest economy
