Republicans Want An End To Fed Emergency Lending As Part Of Stimulus Deal Tyler Durden Thu, 12/17/2020 - 13:20 Update (1320ET): In a new demand, Republican...
US monetary policymakers have left key interest rates in the world’s largest economy at rock-bottom levels and indicated higher policy rates are still several years away....
The major indices closed mixed on Wednesday (Dec. 16), as the Nasdaq hit yet another record close amidst stimulus optimism and the Fed’s dovish tone. Q3...
From the Philly Fed: December 2020 Manufacturing Business Outlook Survey Manufacturing activity in the region continued to grow, but growth was less widespread, according to firms...
Oil plows higher on vaccines, inventories Crude prices have been unstoppable the last several weeks as vaccine rollouts begin, oil inventories are starting to come down,...
The US dollar extended its bearish pattern against many of its major currency counterparts on Thursday. The US government reported a larger-than-expected increase in the number of Americans filing for unemployment benefits. The buck was also...
The Australian dollar has posted strong gains in the Thursday session. AUD/USD is currently trading at 0.7629, up 0.67% on the day. The Aussie remains red-hot,...
In June of 2020, three months after the COVID pandemic began in earnest in the United States, we wrote a report suggesting that the public health...
Overview: The prospects of a UK-EU deal and US stimulus continue to underwrite risk appetites and weigh on the dollar. Equity markets are moving higher. Led...
Fed maintains current easing measures Stock markets remain buoyed heading into the end of the week after the Fed held off on new easing measures on...
The December FOMC meeting concluded largely as expected with the Fed providing some additional guidance around the asset purchase program but declining to make changes to...
Can 20 Years Of Deflation Be Compressed Into Two Years? We're About To Find Out Tyler Durden Wed, 12/16/2020 - 17:50 Authored by Charles Hugh Smith...
In this episode of "Fed Watch," the hosts discuss the world's three major central banks and their actions in the face of economic turmoil. The post...
Yesterday, the Federal Deposit Insurance Corporation (FDIC) voted to finalize its proposed rule on industrial banks and industrial loan companies (ILCs) and agency approval of new...
The Federal Reserve said it expects to keep interest rates low until labor market conditions and inflation hit the Committee's standards. The post Fed will keep...
Fed Chair Powell press conference video here starting at 2:30 PM ET.FOMC Statement: The Federal Reserve is committed to using its full range of tools to...
Fed Extends "Temporary" Dollar Swap Lines And Repo Faclities With Central Banks Until Sept 2021 Tyler Durden Wed, 12/16/2020 - 14:26 In addition to its return...
Markets are torn between short-term concerns and medium-term hopes, moving in narrow ranges. Equities have been range-bound as the year-end, and with it slower trading, approaches. The...
Low Income Households Are Blowing Through Savings Much Faster Than High Earners Tyler Durden Wed, 12/16/2020 - 12:20 One of the unexpected silver linings resulting from...
The Federal Reserve is widely expected to reaffirm its ultra-dovish monetary policy in today’s FOMC meeting and the futures market continues to price the odds of...
Stock markets off to a promising start in Europe and Wall Street is poised for small gains as well as negotiations on both sides of the...
Futures tied to the S&P 500, Dow Jones Industrial Average and the Nasdaq 100 were advancing 0.30%, 0.28% and 0.20%, respectively, in Wednesday’s pre-market trading on...
Global Stocks Hit All Time High On Stimulus Optimism Ahead Of Fed Meeting Tyler Durden Wed, 12/16/2020 - 07:40 Another overnight session, and - predictably -...
Investors are celebrating stabilization of activity in the Eurozone and progress on Brexit. Is this the start of the Christmas rally? Don’t miss it!
The ECB's Latest Big Mistake Tyler Durden Wed, 12/16/2020 - 05:00 Authored by Daniel Lacalle, One of the great mistakes among economists is to receive the...
Equity markets rise on stimulus hopes Equity markets shrugged off a previous run of losses, and the US dollar weakened overnight, despite weaker US data. Rising...
If Not Now, Then When? One Bank Makes The Case For Fed Easing Tomorrow Tyler Durden Tue, 12/15/2020 - 20:05 With stocks at record highs (prices...
The Canadian dollar continues to have a quiet week, as the US dollar has steadied and the currency markets are calm. Currently, USD/CAD is trading at...
Futures Jump As Vaccine Optimism, Stimulus Hopes Return Tyler Durden Tue, 12/15/2020 - 08:00 Yesterday morning, after the early swoon, we said that as part of...
Overview: The S&P fell for the fourth consecutive session yesterday, the longest losing streak of the quarter, and this seemed to encourage profit-taking in the Asia...