First Cut by Fed is September at the Earliest
Current and expected risks warrant the FOMC holding off on the first cut until September […]
May FOMC: Stalling in Inflation Leaves FOMC Stalling for Time
Summary As was widely expected, the FOMC left the fed funds target range unchanged at […]
Fed stands pat, acknowledge lack of progress in disinflation
Fed keeps interest rate unchanged at 5.25-5.50% as widely expected.. In the accompanying statement. Fed […]
Worst of Both Worlds: Are the Risks of Stagflation Elevated? Part III
Part III: Where Is Stagflation Headed from Here? Summary In the first installment of this […]
US: Manufacturing Slips Back into Contraction in April, But Price Pressures Pick Up
The ISM Manufacturing Index slipped back into contractionary territory in April, dipping to 49.2, from […]
USD/JPY Calm Ahead of Fed Decision
Japanese yen is trading quietly on Wednesday. USD/JPY is trading at 157.68, down 0.07% at […]
ADP Hints at Another Strong NFP on Friday
The monthly ADP labour market report showed that America created 192K new jobs in April, […]
AUD/USD Stabilizes After Taking a Tumble, Fed Next
The Australian dollar has steadied on Wednesday after sliding 1.4% a day earlier. AUD/USD is […]
US ISM manufacturing falls to 49.2, prices surges to 60.9
US ISM Manufacturing PMI fell from 50.3 to 49.2 in April, below expectation of 50.1, […]
US ADP employment rises 192k in Apr, vs exp 180k
US ADP private employment grew 192k in April, above expectation of 180k. By sector, goods-producing […]
Will Post-FOMC Jobs Report Move Dollar?
US nonfarm payrolls scheduled for release on Friday 12:30 GMT Another solid report could question […]
10-year yield dips as Fed Powell rules out rate hike
US markets expressed a sign of relief overnight followed as Fed Chair Jerome Powell’s less […]