U.S. stocks kicked off the third quarter last week. The S&P 500 closed Friday riding the momentum of a seven-session winning streak. Technology and Consumer Discretionary...
The U.S. dollar index advanced to 92.602, the highest since early April The dollar… The post Dollar gains ahead of U.S. payrolls report first appeared on...
The US dollar pushes higher The US dollar continues to consolidate its post-FOMC gains, with virus concerns globally also providing some safe-haven support. However, forex markets...
The overnight session was another sideways in Seattle sleeper for most asset classes as even equities struggled to maintain upward momentum. US yields edged slightly lower;...
Overview: The dollar is finishing the quarter on firm footing, gaining against most of the major currencies today. The euro is straddling the $1.1900 area, having...
Oil steadies ahead of API inventory data Oil prices are treading water on Tuesday after steep losses on Monday as investors digested rising Covid cases in...
Key Events This Week: Here Come Payrolls The first half of this week will be quiet before the tempo picks up substantially with Thursday's ISM print...
Currency markets continue sitting on their hands Currency markets appear to be on strike at the moment, with tight ranges amongst the major currencies, and seemingly...
Three events highlight the week ahead. The quarter-end can often experience heightened intraday volatility as investors and banks adjust positions and hedges. Hours before the end...
The Federal Reserve recently signalled that the time had come to start considering a scaling-back of its massive emergency support for the US economy as it...
Wall Street shrugged off a headline disappointment in the US Durable Goods data overnight, as US President Joe Biden secured a preliminary deal on his infrastructure...
Top Quant Strategy Just Suffered Its Biggest Ever Monthly Loss With all the drama and focus on the inflation story, especially after last week's transitory hawkish...
The Australian dollar has started the week with considerable gains. In the North American session, AUD/USD is trading at 0.7521, up 0.59% on the day. Australian dollar ...
The Swiss franc has posted slight losses to start the week. In North American trade, USD/CHF is trading at 0.9209, down 0.16% on the day. Swiss...
Dollar gains ground on FOMC aftershock The US dollar recorded another impressive rally overnight. The dollar index rose through its 200-DMA at 91.50 on its way...
The response by the markets to the FOMC dot plot shock has been variable, to say the least, and not a little surprising to me. Equities...
The British pound continues to lose ground and has dropped below the 1.39 level on Friday. In European trade, GBP/USD is trading at 1.3880, down 0.31%...
GOLD Gold gained approximately 1% during early Friday trading, following a slowdown in dollar gains, however the precious metal is... The post Daily market commentary: Gold...
Overview: A more hawkish than expected Federal Reserve sent the US dollar and interest rates higher and spurred an equity sell-off. The knock-on effect sent ripples...
The FOMC has upped its expectations of PCE inflation [Politico] [CR]. Here’s latest available CPI inflation expectations. Figure 1: CPI inflation year-on-year (black), median expected from Survey...
Which penny stocks are investors watching following Powell's remarks and the Fed meeting? The post 4 Penny Stocks to Watch Following the Fed Meeting and Powell’s...
MSCI’s broadest index of Asia-Pacific shares outside Japan dropped nearly 0.6% to its lowest… The post Asian equities hit three-week low on Fed move first appeared...
Oil slips but upward trend remains Oil prices have edged lower on Thursday on the back of a stronger US dollar. The Fed’s surprise move accelerating...
Questions For The Fed: When Do Inflation & Financial Risks Force A Change In Policy by Joseph Carson, former chief economist at Alliance Bernstein If I...
Currency markets becalmed ahead of the FOMC Currency markets saw some volatility intra-day over the US data overnight, with decent ranges seen on the dollar index...
Oil edges higher but lacks momentum Oil prices are edging higher on Tuesday, although momentum has slowed notably from the previous weeks. Oil prices struck a...
Asian markets higher after Wall Street gains Asian equity markets are mostly higher today after the S&P 500 and Nasdaq closed at record highs last night....
On Wednesday, the New Zealand dollar is considerably higher. In European trade, NZD/USD is trading at 0.7144, up 0.36% on the day. The New Zealand dollar...
Here Comes Another Retail Sales Miss Bank of America's economists have been on a roll in the past four months. Back in February, the bank looked...
Oil rises on strengthening demand outlook Oil prices are on the rise at the start of the new week, building on three straight weeks of gains...