Bank of America Anticipates Over 7% Rise in Q1 Net Interest Income
Bank of America projects its first-quarter net interest income to increase by at least 7% year-over-year, driven by a 10% growth in investment banking and low double-digit gains in global markets revenue.
Bank of America Reports Strong US Consumer Spending and Lending Momentum
Bank of America Co-President Dean Athanasia stated that US consumer spending continues at a 5% annual rate, with credit quality remaining solid. Additionally, commercial clients are demonstrating robust lending activity early in the year.
British Pound Forecast: GBP/USD Three-Day Rally Tests March Range High- Breakout Risk Builds
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Silver Price Forecast: XAG/USD rises on USD weakness, geopolitical tensions
Silver Price Forecast: XAG/USD rises on USD weakness, geopolitical tensions
U.S. Dollar Moves Lower As Traders Stay Focused On The War In The Middle East: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY
The American currency is losing ground as traders monitor the wild swings in the oil markets.
USD/JPY trades flat as markets weigh US-Iran war and energy supply risks
USD/JPY trades flat as markets weigh US-Iran war and energy supply risks
EIA Forecasts Brent Oil Above $95 Due to Mideast Conflict, Declining to Below $80 by Q3 2026
The Energy Information Administration (EIA) projects Brent oil prices will remain above $95 per barrel over the next two months amid the Mideast conflict, before falling below $80 in the third quarter of 2026 and around $70 by year-end. Higher oil prices are expected to boost U.S. oil production, with output forecasted to average 13.6 million barrels per day in 2026 and increase to 13.8 million barrels per day in 2027.
Gold Outlook: XAU/USD Attempts to Hold Above $5,000
Recent sessions have not been particularly strong for gold in the short term. Over the last three trading sessions, XAU/USD has gained only 2.25%, showing that while an attempt at recovery is underway, neutrality has begun to take the lead as the dominant short-term bias.
Fitch Warns Elevated Oil Prices Could Weigh on US Chemical Demand
Fitch Ratings highlights that sustained high oil prices are creating inflationary pressures on end markets, which may dampen demand for US chemical producers. This outlook suggests challenges ahead for the sector due to increased input costs and reduced consumer spending.
GBP/USD advances past 1.3450 on soft USD despite Mid-East tensions
GBP/USD advances past 1.3450 on soft USD despite Mid-East tensions