FOMC signals tapering is on the way The overnight release of the FOMC Minutes provided some drama, with the committee members mostly lining up behind a...
FOMC Minutes Show "Most" Fed Members See Taper Starting This Year Snap analysis, courtesy of Newsquawk: Dovish Fed minutes note 'substantial further progress' not yet been...
Equity futures are trading flat this morning after giving up half a percent yesterday. The dollar is slightly higher overnight after its strong performance yesterday. At...
Jerome Powell shows no clues about the start of tapering so we'll have to wait until the Jackson Hole symposium, find out more in this overview...
Oil continues to suffer recovery nerves The weaker than expected US Retail Sales data and ensuing US dollar strength weighed further on oil prices overnight. Confidence...
US dollar jumps on soft retail sales, Covid The US dollar soared overnight after retail sales missed estimates, adding to investor concerns that the delta-variant is...
The New Zealand dollar is steady on Wednesday, after sustaining massive losses a day earlier. NZD/USD is currently trading at 0.6906, down 0.20% on the day....
Overview: The dollar is consolidating yesterday's advance and is confined to fairly narrow ranges in quiet turnover. Most of the major currencies are within 0.1% of...
Key Events This Week: Retail Sales, Powell Speaks, Fed Chatter Looking at the coming week, the events calendar is relatively quiet over the week ahead as...
It was a mixed week for U.S. stocks. Earnings season wrapped up and the markets received the latest inflation data. The S&P 500 and Dow Jones...
The key driving force in the foreign exchange market that has lifted the dollar is a reconsideration of the trajectory of Fed policy. Consider that since...
After 18 months of Covid-19, an iteration of the virus – Delta – is delaying a return to (a form of) normal life and, to some...
July Payrolls Preview: 1 Million Or Bust July's jobs report will shape expectations of when the Fed will announce, and then start, the process of tapering...
Fear that the spread of the Delta mutation of the covid would disrupt the global economy spurred the unwinding of risk-on positions. Interest rates fell, and...
Overview: Risk appetites snap back after easing in the waning hours last month. The MSCI Asia Pacific equities jumped back after dropping 1.8% last week for...
Morgan Stanley: Yields Are "A Ways Off" Where They Should Be By Guneet Dhingra, Head of US Interest Rate Strategy at Morgan Stanley Citius, Altius,Fortius –...
North Asian equity heavyweights have deviated from the price action on Wall Street overnight, heading directly South this morning. Mainland China, Hong Kong, Japan and South...
The Japanese yen has reversed directions on Friday and is slightly lower. Currently, USD/JPY is trading at 109.70, up 0.22% on the day. Fed Chair Jerome...
FOMC, China’s soothing words send dollar lower It looks like a few FOMC taper-hedging positions were taken off last night as the US dollar broadly eased...
Fed hints at September taper, but no promises Overnight, the FOMC released its latest policy decision leaving rates unchanged with no change to its quantitative easing...
Spot gold rose 0.4% at $1,806.00 per ounce, and U.S. gold futures added 0.4%… The post Gold prices firm on weaker dollar first appeared on Trading...
Wait-and-see ahead of FOMC meeting Asian markets are likely to spend the day in wait-and-see mode with a slight downward bias today, as the street moves...
The Swiss franc is showing limited movement in the Tuesday session. In the North American session, USD/CHF is trading at 0.9140, down 0.15% at the day....
US dollar edges lower Not much has changed in currency markets overnight, as US bond yields remained almost unchanged in the overnight session. The dollar index...
Quarterly results are due from Apple, Alphabet and Microsoft after the closing bell today. The post Stock Market News For Today July 27, 2021 appeared first...
The broader U.S. stock market averages rebounded from a large drop last Monday, to end the week 2% higher. Communication Services and Consumer Discretionary stocks led...
Emerging Market Vulnerability Heatmap: Are EMs Threatened By Increasing Inflation Expectations By Wouter van Eijkelenburg, economist at Rabobank Emerging Market Vulnerability Heatmap Summary There are divergent...
A rollercoaster week for oil prices has WTI crude recovering almost half of the 15% plunge that took place over the past two prior weeks. Crude...
As second-quarter reporting kicks off, market expectations are high. Corporate earnings are forecast to have grown by more than 50% from the same quarter a year...
JPMorgan: Powell Is At Risk Of Losing His Job With Fed Chair Powell's term expiring in February, debate is starting to swirl about his fate: will...