Treasuries Priced For Imminent Fed Cuts Face Correction One week ago we explained why the "most consensus trade" of 2024 - namely long Treasurys...
For our final act of 2023, here’s the second installment to Best of Books 2023. Last week we reviewed highlights from this column over the past...
Biden Is Using The Term Bidenomics Again, What Else Can He Do? Authored by Mike Shedlock via MishTalk.com, Biden abandoned the term Bidenomics...
Fed Backs Self Into Corner Just As Inflation Revives Authored by Simon White, Bloomberg macro strategist, The magnitude of last week’s...
Why Traders Are Refusing To Give Up On The Idea Of A March Fed Rate-Cut Authored by Ven Ram, Bloomberg cross-asset strategist, Despite pushback...
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...
Overview: Outside of the Australian dollar, which has fallen by around 0.6% following the RBA meeting and the softer final PMI, which may have dragged...
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...
After hiking rates by 5.25% since March 2022, the Fed is in a wait-and-see period, commonly deemed a pause. Since the Fed started hiking rates, inflation...
In October, the markets were down 10% from the July high, bond yields were touching 5%, and talk of a coming recession was rampant. What happened?...
Understanding the economy is often like putting together a jigsaw puzzle. You try to put together the pieces in a way where they fit together and...
Overview: We suspect that if Martians read the FOMC statement, which was nearly identical to the September statement and listened to Chair Powell, they...
BoE leaves Bank Rate at 5.25% MPC believes inflation risks are to the upside EURGBP fails to break key resistance zone The Bank of England left...
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,...
Eurozone Economy Shrinks For First Time Since COVID, Inflation Tumbles... But EUR Rallies After the BoJ's malarkey overnight, it was Europe's...
Eurozone Economy Shrinks For First Time Since COVID, Inflation Tumbles... But EUR Rallies After the BoJ's malarkey overnight, it was Europe's...
German inflation falls to 3.8% Eurozone inflation expected to follow suit on Wednesday The euro is in positive territory on Monday. In the North American...
November may be an in-between month. It will be a month of limited monetary policy actions and a period of heightened geopolitical tensions. Fiscal policy...
Loonie lower as oil prices pare earlier gains Overnight Index Swaps eye BOC’s next move as a rate cut in H2 2024 Fed funds futures see...
Overview: The US dollar is trading with a softer bias. Among the G10- currencies, only the euro and Swiss franc are the laggards and are nearly flat....
Washington Isn't Alone In Flooding The Market With Government Bonds: Beijing Is Doing It Too By Ye Xie Bloomberg markets live reporter and...
Overview: The divergence reflected in the flash PMI readings seen yesterday underpinned the dollar, which is firmer in mostly quiet turnover. The initial...
Overview: The capital markets seemed to have an exaggerated response to the US CPI, where the headline rate, flattered by the rise in energy, rose by...
Minutes: Fed sees ‘restrictive’ policy staying in place until inflation eases 10-year Treasury yield resumes slide post minutes, down 5.4bps to 4.599%...
The economic outlook both in Australia and abroad remains complex, with the lags from material monetary policy tightening proving to be longer than expected....
RBNZ holds benchmark rate at 5.5% The New Zealand dollar has posted small losses on Wednesday. In Europe, NZD/USD is trading at 0.5901 in Europe, down...
Overview: Dramatic yen price action around the JOLTS report yesterday after the dollar pierced the JPY150 level spurred speculation of BOJ intervention....
Swiss inflation declines by 0.1% The Swiss franc has extended its losses on Tuesday. In the European session, USD/CHF is trading at 0.9212, up 0.31%. Swiss...