Fed Daly: One month does not a victory make
San Francisco Fed President Mary Daly said yesterday that the slowdown in inflation was “goods […]
Cliff Notes: Conflicting Forces for Sentiment
Key insights from the week that was. This week delivered a very weak update for […]
USD/JPY Nosedives As US CPI Dips Below 8%
Key Highlights USD/JPY declined heavily and traded below the 145.50 support. A major bearish trend […]
There’ll Be a Lot of Bond Bears With Sore Heads Today
The much softer than expected inflation report for the US was exciting news indeed for […]
EUR/USD: Euro Accelerated Higher After Weaker than Expected US Inflation Data
The euro rose strongly in the US session on Thursday, after lower than expected inflation […]
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 […]
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. […]
Fed Mester: There continue to be some upside risks to inflation forecast
Cleveland Fed President Loretta Mester yesterday’s October CPI report “suggests some easing in overall and […]