Fed Logan: CPI data were a welcome relief
Dallas Fed President Lorie Logan said “This morning’s CPI data were a welcome relief, but […]
Fed Harker: In the upcoming months, we will slow the pace of our rate hikes
Philadelphia Fed President Patrick Harker said, “In the upcoming months, in light of the cumulative […]
ECB Schnabel: No time for monetary policy to pause
ECB Executive Board member Isabel Schnabel said in a speech, “there is no time for […]
Stocks Surge as Inflation Drops
US futures Dow futures +2.35% at 33270 S&P futures +3.6% at 3868 Nasdaq futures +4.2% […]
US: Inflation Surprises to the Downside in October, Fed Likely to Start Slowing Pace of Rate Hikes
Consumer price inflation increased by 0.4% month-on-month (m/m) in October, matching the gain in September. […]
US initial jobless claims rose 7k to 225k
US initial jobless claims rose 7k to 225k in the week ending November 5. Four-week […]
US CPI slowed to 7.7% yoy, CPI core slowed to 6.3% yoy, below expectations
US CPI rose 0.4% mom in October, below expectation of 0.7% mom. Core CPI rose […]
Dollar Index Clings Onto Bull Trend ahead of CPI
The US dollar has managed to extend its gains after rebounding across the board on […]
GBPUSD: Fresh Bears Found a Footstep Above Key Support and Eye US Inflation Data for Signal
Cable is consolidating within a narrow range, following Wednesday’s 1.6% drop, which retraced over 50% […]
ECB bulletin: Further weakening of economy into beginning of 2023
In the monthly economic bulletin, ECB said the Governing Council expects a “further weakening” of […]
WTI Oil Futures Plummet But 50-day SMA Caps Downside
WTI oil futures (December delivery) have been experiencing a prolonged decline since mid-June when the price failed […]
Gold completes double bottom, 1788 next
Gold’s rally accelerates higher today, as reaction to Dollar’s post-CPI sell-off. Break of 179.28 resistance […]