Emphasis was also paced on upward revisions to headline inflation projections A pause would have given rise to speculation that tightening cycle was over Not hiking could also send a signal… Read More
Wall Street went on a mini rollercoaster ride during Fed Chair Powell’s speech. Powell’s comments were mostly in-line with other officials and support the belief that polic… Read More
By JustMarkets
At Wednesday’s stock market close, the Dow Jones Index (US30) decreased by 0.22%, while the S&P 500 Index (US500) lost 0.94%. The NASDAQ Tec… Read More
The latest results from Reuters‘ poll on economists on the SNB ahead of the policy meeting decision this week: 30 of 37 economists expect another 25 bps rate hike this week The majorit… Read More
Economic growth in South Africa is expected to decelerate in the third quarter as the lagged effects of the upwards interest rate cycle since November 2021 and accelerating inflation continu… Read More
US
Now that Fed Chair Powell signaled that the Federal Open Market Committee will keep rates on hold at the next policy meeting, Wall Street will look to see how high growth will peak before… Read More
Dollar drifts near two-week low ahead of US inflation data
SINGAPORE/LONDON (Reuters) – Telegram FX Signals – The dollar meandered near a two-week low on Thursday ahead of U.S. i… Read More
US Dollar gains after US consumer prices rise more than expected
NEW YORK (Reuters) – FX Signals via Telegram – The dollar rose sharply on Thursday after U.S. consumer prices ros… Read More
Global bond rout deepens before receding on relief rally
By Herbert Lash and Tom Wilson
NEW YORK/LONDON (Reuters) -A rout in government bond markets deepened on Wednesday with benchmark U.S… Read More
Franc posts 11th straight daily decline versus the dollar
US consumer confidence falls to 4-month low
10-year Treasury yield rises 1.2 bps to 4.546%
The relief rally was not meant to be for… Read More
Fed Leaves Interest Rates Unchanged, But More Hikes Still on the Table – Here is How Bitcoin (BTC) Reacted
As expected, the Federal Reserve (Fed) left benchmark interest rates in the… Read More
By JustMarkets
At Tuesday’s stock market close, the Dow Jones Index (US30) decreased by 0.05%, while the S&P 500 Index (US500) lost 0.57%. The NASDAQ Techn… Read More
September still a hold, while swap contracts suggest odds a 49.3% chance of a hike at the November 1st FOMC meeting
Supercore inflation rate rises most since March
Two-year Treasury drifts l… Read More
The price has recovered somewhat this afternoon to trade at $25,924, despite the Coinbase news, but it marks a significant decline since last June when it was trading at $31,351.
Two-year Tr… Read More
LONDON, Sept 8 (Reuters) – It’s a packed week ahead for markets with the European Central Bank holding a crunch meeting on whether or not to hike rates again as the economy fal… Read More
The drop in the euro today comes as traders are also pulling back on odds of a 25 bps rate hike by the ECB next month. That has been trimmed to ~51% now from around ~65% before the PMI data… Read More
US
Now that we heard from Fed Chair Powell at the Kansas City Fed’s Jackson Hole Symposium, the focus shifts back to the data. This week is filled with data that will outline how quick… Read More