At the end of each year, I post Ten Economic Questions for the following year (2023). I followed up with a brief post on each question. Here is...
Overview: On the back of lower interest rates, the greenback's slide was extended in early Asia Pacific turnover, but it has recovered. As North American...
As the year winds down, the global economy appears to be entering a new phase. While North American and European central bankers swear that they are...
The combination of soft US price data and mostly weaker economic data lends credence to a new economic convergence. The economic news stream from Europe,...
Overview: The busy week of central bank meetings is off to a mostly slow start. The dollar is narrowly mixed in quiet turnover, except against the Japanese...
Commentary will resume with a 2024 outlook on December 29. Overview: The dollar is trading with a firmer bias today ahead of the outcome of the FOMC...
Today, we present a guest post written by David Papell and Ruxandra Prodan, Professor and Associate Instructional Professor of Economics at the University...
Watch Live: 'Hawkish' Powell Hints At Firmer Policy Position, Warns Of Inflation "Head-Fakes" Following a slew of FedSpeak from his minions...
The following headline from a July 2020 CNBC article is stunning: Here's why economists don't expect trillions of dollars in economic stimulus to create...
Wards Auto released their estimate of light vehicle sales for October: October U.S. Light-Vehicle Sales Miss Expectations but Still Record 6% Increase (pay site).October’s results were below...
The BEA released their estimate of vehicle sales for October. This graph shows heavy truck sales since 1967 using data from the BEA. The dashed line...
Overview: We suspect that if Martians read the FOMC statement, which was nearly identical to the September statement and listened to Chair Powell, they...
Three key technical developments have suggested that the EUR/GBP cross pair has formed a potential medium-term bullish basing configuration since 23 August...
Three key technical developments have suggested that the EUR/GBP cross pair has formed a potential medium-term bullish basing configuration since 23 August...
Three key technical developments have suggested that the EUR/GBP cross pair has formed a potential medium-term bullish basing configuration since 23 August...
Three key technical developments have suggested that the EUR/GBP cross pair has formed a potential medium-term bullish basing configuration since 23 August...
Back-to-back holds means the Fed is content keeping rates at a 22-year high Atlanta Fed GDP cuts Q4 GDP outlook from 2.3% to 1.2% Powell noted,...
Overview: The FOMC meeting is today's highlight but the drama in Japan continues to rivet the market. The Ministry of Finance warned of the risk of material...
The ongoing rally from last Friday, 27 October low has taken on the form of an impending “bearish flag” formation. Coupled with a weak market breadth...
Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Wednesday: • At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the...
To gain an edge, this is what you need to know today. The Folly Of Investor Celebration Please click here for a chart of iShares 20 Plus Year...
Overview: The Bank of Japan softened its 1.0% cap on the 10-year, while lifting its core CPI forecast this fiscal year and next. This disappointed many...
Larger-than-expected Treasury issuance could lead to worsening budget deficit concerns Nikkei reported that BOJ is considering a further adjustment to...
A few excerpts from a note by Goldman Sachs economists Spencer Hill and Manuel Abecasis: 2024 Inflation Outlook: Approaching the Target "We are lowering our December...
A New Phase By Jane Foley, Senior FX strategist at Rabobank The Israeli government confirmed that it had begun a new phase in its war against...
Rising Treasury Yields Can't Substitute For Fed Rate-Hikes Authored by Alexander William Salter via The American Institute for Economic Research, The...
Key Events This Extremely Busy Week: FOMC, BOJ, BOE, Payrolls, ISM, And Earnings Galore We start an extremely busy week for markets after...
Overview: Fears that the Israel-Hamas war was going to widen this past weekend sent gold and oil sharply higher at the end of last week. A reportedly...
BoJ, the Fed and the BoE on the Radar The BoJ is anticipated to remain on hold at -0.10%, though a potential change in forward guidance...
Boo! The key report this week is the October employment report on Friday. Other key indicators include the Case-Shiller house prices for August, October ISM manufacturing...