US: Retail Sales Come in Softer than Expected in December
Retail sales fell by 1.1% in December from a downwardly revised decline of 1.0% in […]
EUR/USD’s Upside Turned More Limited
Markets Bond yields on both sides of the Atlantic rose a few basis points before […]
Holy Bank of Japan
The Bank of Japan (BoJ) kept its below-zero interest rate and its faltering yield curve […]
Fed Barkin: You just can’t declare victory too soon
Richmond Fed President Thomas Barkin told Fox Business yesterday that recent inflation reports have been […]
Are US Retail Sales the Dollar’s Next Big Test?
Last week, it was again confirmed that the US inflation data is the dollar’s biggest […]
BoJ Meeting Remains Talk of the Town
Markets The core bond yield slide finally halted on Friday, with some help of the […]
Buying Euro on Every Ray of Sunlight
Earnings season kicked off last Friday when the big US banks reported their Q4 results. […]
Aussie Off to a Bright Start in 2023
The Aussie dollar has started 2023 strongly, rising above 70 cents to highs since August. […]
Week Ahead: BOJ, More Inflation Data, and Earnings
CPI data was the highlight from last week as inflation continues to slow in the […]
The Weekly Bottom Line: Inflation Turning, But Victory Still Nowhere Insight
U.S. Highlights After fifteen rounds of votes, Kevin McCarthy was elected the new House Speaker. […]
Weekly Economic & Financial Commentary: Pace of Fed Tightening to Downshift Further
Summary United States: War Not Yet Won on Inflation The December Consumer Price Index data […]
US retail sales down -1.1% mom in Dec, ex-auto sales down -1.1% mom
US retail sales declined -1.1% mom to USD 677.1B in December, worse than expectation of […]