Hand in Hand is the Surer Way to Land
Households are cutting consumption in a textbook response to higher interest rates. This, and a […]
USD/JPY Steady as Japanese PMIs Mixed
The Japanese yen is slightly lower on Thursday. USD/JPY is trading at 156.70, down 0.08% […]
US initial jobless claims falls to 215k, vs exp 220k
US initial jobless claims fell -8k to 215k in the week ending May 18, below […]
New Zealand Dollar Rises After Hot Retail Sales Data
The New Zealand dollar is in positive territory on Thursday. NZD/USD is up 0.38%, trading […]
EUR/USD Fell With Noticeable Acceleration After FOMC Minutes
Markets Above-consensus April inflation figures in the UK triggered an obvious underperformance of gilts, resulting […]
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 […]
Sterling Soars Once Again in the Wake of Consensus-Beating CPI
Markets US Treasury and German yields both ended a fairly quiet trading day a few […]
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’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 […]