June CPI: September Rate Cut Incoming
Summary This morning’s CPI report was arguably the most encouraging one the FOMC has received […]
US core CPI slows to 3.3%, lowest since Apr 2021
In June, US CPI fell -0.1% mom, versus expectation of 0.1% mom rise. Core CPI […]
USD/CAD Price Outlook: 200-day MA Holds Ahead of US CPI Release
USD/CAD has been range-bound, reflecting US Dollar Index consolidation and potential rate differential between Canada […]
NASDAQ eyes 20k after Powell’s balanced risk remarks
US stocks soared overnight, with NASDAQ and S&P 500 both extending their record runs with […]
Fed’s Cook optimistic on soft landing, pledges vigilance on labor market dynamics
Speaking at an event in Australia today, Fed Governor Lisa Cook expressed optimism about the […]
US CPI Preview: US Dollar Index (DXY) Looks for Guidance from Inflation Data
Anticipation is high for the release of US CPI data, which is expected to influence […]
Fed Chair Explicitly Said He Didn’t Intend to Give Any Rate Timing Signals
Markets Fed Chair Powell before Congress yesterday reiterated that the US economy is coming into […]
Inflation No Longer the Only Risk
Federal Reserve (Fed) Chair Jerome Powell’s testimony yesterday wasn’t overly optimistic but it revived the […]
Markets Await Fed Powell’s Insights, RBNZ on Deck
As US session kicks off, Dollar is trading mildly higher, with traders eagerly anticipating Fed […]
Dollar Recovers Ahead of Powell’s Testimony; Market Awaits Clues on Rate Cuts
Dollar is recovering mildly overnight, as traders prepare for Fed Chair Jerome Powell’s highly anticipated […]
Euro Edges Down Following Left-Wing Triumph in French Elections
Euro dips mildly a in Asian session after French parliamentary elections on Sunday delivered unexpected […]
US initial jobless claims falls to 222k vs exp 239k
US initial jobless claims fell -17k to 222k in the week ending July 6, below […]