The CME Fedwatch Tool is pricing 99.1% for no change in the policy rate for June. September futures are in a stalemate, where it is a neck-and-neck race with 48.4% chances for keeping rates unchanged ...
U.S. consumer confidence unexpectedly improved in May after deteriorating for three straight months amid optimism about the labor market, but worries about inflation persisted and many households ...
EUR/USD remains locked for 11 straight days between 1,08 - 1,09 levels raising concern for possible sharp unwinding after extended period of compression in extremely narrow range.
In corporate news, BHP Group (NYSE: BHP) said on Wednesday that it needs more time to engage with takeover target Anglo ...