Election Day in UK, Sterling Shows Little Signs of Nervousness
Markets US Treasuries outperformed Bunds during a holiday-shortened session yesterday. Yields slid between 3.4 (2-yr) […]
Time to Say Goodbye
We are forcefully entering a period of ‘bad news is good news’ as the Federal […]
Weak Data Hammers USD
The US private sector created 150K jobs in June, according to fresh ADP estimates. This […]
Investors Await NFP to Validate Their Fed Rate Cut Bets
Investors expect two rate cuts, even though Fed signals one Recent data corroborates investors’ take […]
ISM Shows Services Sector Shrinks in June
The ISM Services index tumbled to 48.8 in June from 53.8 in May, well short […]
US jobless claims rises to 238k vs exp 235k
US initial jobless claims rose 4k to 238k in the week ending June 29, slightly […]
US ADP jobs grow 150k, solid but not broad-based
US ADP private employment grew 150k in June, below expectation of 158k. By sector, goods-producing […]
S&P 500: Mid-Year Prospects Analysis
As shown by the daily chart of the S&P 500 (US SPX 500 mini on […]
Fed’s Powell: We’re getting back on disinflation path
At the ECB forum, Fed Chair Jerome Powell highlighted the “quite a big of progress” […]
Fed’s Goolsbee suggests rate cuts if inflation declines further
Chicago Fed President Austan Goolsbee has suggested that Fed should consider cutting interest rates if […]
Economic Calendar Today Features June European Inflation Reading
Markets The relief rally in the wake of the first round in the French elections […]
FOMC minutes: Not appropriate to lower interest rates yet
Minutes from June FOMC meeting highlight continued concerns about the slow progress in reducing inflation […]