Overview: Ahead of a report that is expected to show that employment jumped by around a million in the US last month, the dollar remains lower on...
Liquidity Tsunami Ends With A Bang: Treasury Expects Just $100BN In Cash Injections Next 2 Months Three months ago, the Treasury surprised markets when in its...
Key Events This Week: Payrolls, ISM And More Earnings The key event in the first week of May will be another outstanding jobs report with April...
Few had expected any major announcements to be made at the 28-29 April meeting of the Federal Open Markets Committee (FOMC) and indeed, there were none....
Few had expected any major announcements to be made at the 28-29 April meeting of the Federal Open Markets Committee (FOMC) and indeed, there were none....
The Japanese yen is in negative territory on Thursday. In the North American session, USD/JPY is trading at 109.03, up 0.41% on the day. US GDP...
Earnings reports boost US equities US stocks are rising higher after stellar earnings reports from Big-Tech, a steady FOMC meeting, and no immediate impact from President...
Fed holds the course Investors moved back into the global recovery trade overnight as the Federal Reserve stayed “on message” and was suitably dovish at its...
Asian markets in cautious mood Asia Pacific markets are taking a cautious approach today, notably, as cyclical stocks underperformed in the US overnight and ahead of...
US dollar eyes FOMC meeting The US dollar had a mixed session overnight, falling against the risk-sensitive Commonwealth currencies but rising mostly versus the majors, with...
EUR/USD is taking a pause after ending the week with strong gains. In the European session, EUR/USD is trading at 1.2074, down 0.19% on the day....
Brace For Extremely Busy Week: Fed, GDP, CPI, Biden Tax Plans And Earnings Galore Buckle up for an extremely busy week dotted with a flood of...
Covid concerns ease in Asia markets The Covid-19 nerves appear to be disappearing in the back mirror faster than expected, with Asia-Pacific markets flat to slightly...
The broader market averages paused last week, digesting four straight weeks of gains. Real Estate and Healthcare names led the way higher, while the Energy sector...
The week ahead is important from a macro perspective. The Bank of Japan and the Federal Reserve meet. The US and the eurozone provide the first...
Dollar edges higher on risk aversion The Biden capital gains tax headline prompted a modest wave of risk aversion in New York overnight, lifting the US...
Today, students in my Master’s level Public Affairs course in macroeconomics had the good fortune to receive a guest lecture from Steven Kamin, resident scholar at...
Asian equities edge lower in sympathy with Wall Street Wall Street ran out of upward momentum overnight after a series of impressive buy-everything sessions over the...
Markets have been busy in my short absence, with recovery optimism and bullish speculative momentum making recent days look like a rerun of the 2020 buy-everything...
The Fed Has Convinced Investors That It Will Tolerate Higher Inflation By Steve Englander, head of Global G10 FX Research and North America Macro Strategy at...
Key Events This Very Busy Week: CPI, Retail Sales And Q1 Earnings Start Looking at the busy week ahead, the pandemic will remain in focus as...
The broader U.S. market averages gained at least 2% across the board last week. Technology and Consumer Discretionary names led the way higher, while the Energy...
Futures Spooked By Hottest Chinese Factory Inflation Since 2018 US equity future struggled for direction after hitting an all time high of 4,102 as investors assessed...
Oil looking for direction Crude prices are struggling for direction as short-term COVID pressures are countered by a much weaker US dollar. There were no real fireworks...
Overview: Global stocks are moving higher today. Fears of a new lockdown in Tokyo amid rising covid cases weighed on Japanese stocks, a notable exception as the...
US yields lift dollar The FOMC minutes “balanced risk” comments were enough to move US yields slightly higher overnight, which also lifted the US dollar. The committee...
Asian markets directionless after FOMC minutes Asian equities are mixed today after a non-descript session on Wall Street that provided no concrete direction for local markets....
Markets show muted response to FOMC minutes The FOMC minutes passed without incident overnight. The committee felt that risks were balanced but that the economy remained...
FOMC Minutes Signal Optimism On Fiscal Plans, Some Officials Fear "Stability Risks" Since The Fed's last statement and press conference (on March 17th), stocks and bonds...
Regular readers of Market Moment know I am a big fan of hard assets. Gold and Silver being among my favorite long term assets to hold....