Authorized and Regulated Entities: SARACEN MARKETS (PTY) LTD

Market Outlook

Fed Signals Caution on Rate Moves, Futures Suggest 25% Odds of Rate Cut in March 1

Fed Signals Caution on Rate Moves, Futures Suggest 25% Odds of Rate Cut in March

The recently unveiled Fed minutes from Tuesday revealed a consensus among policymakers to exercise prudence in their approach to future interest-rate adjustments, emphasizing a careful evaluation based on progress towards meeting inflation targets. At present, swap contracts tied to upcoming Fed meetings reflect a roughly 25% likelihood of the Fed initiating its first rate cut […]

Fed Signals Caution on Rate Moves, Futures Suggest 25% Odds of Rate Cut in March Read More »

RBA Governor Signals Concerns Amidst Inflation Woes 3

RBA Governor Signals Concerns Amidst Inflation Woes

Reserve Bank of Australia Governor Michele Bullock addressed concerns following the release of minutes from the RBA’s Nov. 7 meeting, revealing a departure from a four-meeting pause. Policymakers shifted course to ensure that inflation would track back to the coveted 2-3% target amid accelerated economic growth and a robust labor market. The meeting minutes underscored

RBA Governor Signals Concerns Amidst Inflation Woes Read More »

AUD/USD Moves Downward 5

AUD/USD Moves Downward

The AUD/USD pair maintains its bearish momentum, extending its losing streak even after the Reserve Bank of Australia (RBA) implemented a 25-basis-point rate hike on Tuesday. During Wednesday’s Asian session, the pair is trading lower, hovering around 0.6420. The negative bias seems to persist as the RBA adopts a dovish stance in its rate statement.

AUD/USD Moves Downward Read More »