Markets News

Iran vows to retaliate by attacking oil fields in three Middle Eastern countries, gold plunges nearly $200 in a single day!

· The Federal Reserve kept interest rates unchanged at 3.5%-3.75%, and market bets on Fed rate cuts for the full year were reduced from about 20 basis points to less than 11 basis points. Governor Michelle believes a 25 basis point rate cut is appropriate. This news is bullish for the US dollar. · U.S. PPI data exceeded expectations across the board, with the annual PPI rate reaching 3.4%, hitting a new high since February of last year. This news is bearish for the U.S. dollar. · Samsung Electronics union members have voted to go on a full strike from May 21 to June 7. This news is negative for Samsung.

Harvey

2026-03-19 08:48:57

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