Weekly Economic & Financial Commentary: Higher for Longer Mantra on Repeat in Week Replete with Fed Speak
Summary United States: High Mortgage Rates Burden Homebuyers Homebuying retreated in April following a leg […]
Week Ahead – US PCE Inflation and Eurozone CPI Data Enter the Spotlight
Dollar traders lock gaze on core PCE index Eurozone CPIs in focus as June cut […]
Euro Area and US PMIs Surprise to the Upside
In focus today From the US, April durable goods orders and revised May Michigan consumer […]
Waning Reflation Appetite?
The week hasn’t been pleasant for the market bulls. On Wednesday, the FOMC minutes showed […]
May PMIs are Today’s Main Event
In focus today In the euro area, focus turns to the May PMIs. The economy […]
FOMC minutes decidedly hawkish, DOW retreats but stays bullish
US stocks ended lower overnight as minutes from the latest FOMC meeting revealed a more […]
Fed Minutes Continue to Underscore Fed’s Data Dependent Approach
The minutes from the April 30-May 1, 2024 Federal Open Market Committee (FOMC) interest rate […]
Nvidia’s Stock Price Has Doubled Since the Beginning of this Year
Federal Reserve’s (Fed) Christopher Waller gave a C+ to the latest US inflation data, saying […]
Fed’s Waller: Several months of data needed before supporting rate cuts
Fed Governor Christopher Waller emphasized in a speech today that “several more months” of favorable […]
Fed Rate Expectations Whipsawed by Fed Speakers and US CPI
It has been a rollercoaster period for Fed rate cut expectations Sticky US inflation is […]
Number of Central Bank Speakers Increases
Markets Markets took a slow start to the new trading week. An empty eco calendar […]
Fed’s Bostic: Inflation not yet at safe point for rate cuts
Atlanta Fed President Raphael Bostic emphasized caution regarding interest rate cuts, stating that the US […]