A Speech by Fed Waller is a Wildcard
Markets Consensus-beating June US retail sales only temporary interfered with reigning market momentum. Core retail […]
Cable Jumps as UK CPI Shows Stagnation
The S&P500 hit a fresh record this year for the 38th time on Tuesday, banks […]
RBNZ to Deliver Some Pre-Xmas Cheer in November
Today’s CPI showed some welcome reduction in headline inflation. Services sector inflation is easing only […]
Gold’s Astounding Rally and the Challenges Ahead
Gold gains around 18% year-to-date But is it time for the uptrend to cool down […]
ECB Could Disappoint Expectations for a Dovish Shift
ECB meets with near zero chances for a rate cut ECB members continue to disagree […]
USD/CAD Steady After Canadian CPI, US Retail Sales
The Canadian dollar is showing limited movement on Tuesday. In the North American session, USD/CAD […]
Canadian Inflation Eases, But Details a Mixed Bag
Headline CPI inflation decelerated in June to 2.7% year-on-year (y/y), right on consensus expectations and […]
U.S. Headline Retail Sales Flat in June, But Core Accelerated
Retail sales was virtually unchanged month-over-month in June. Despite this, the reading was still higher […]
Bitcoin and Ethereum Test 50-Day MAs
Market Picture The crypto market has rallied nearly 2% over the past 24 hours to […]
September 25 bps Fed Rate Cut Fully Discounted
Markets Fed Chair Powell in an interview at the Economic Club of Washington DC didn’t […]
Trump Trade, China Trade, Reflation Trade, AI Trade
There are a few stories developing at the same time: The Trump trade consists of […]
China Q2 2024: Diverging Sectors and Risks
China’s Q2 activity data again highlighted disparate conditions across the economy. New industry continues to […]