EUR/USD Pair is Consolidating Gains from 1.0867
The Euro started a fresh increase from the 1.0730 zone against the US Dollar. The […]
We’d Be Cautious to Bet on a Dollar Reversal Now
Markets US December CPI was bang in line, coming in at 6.5% y/y (-0.1% m/m) […]
UK GDP grew 0.1% mom in Nov, avoided contraction
UK real GDP grew 0.1% mom in November, much better than expectation of -0.3% mom […]
Attention Shifts to US Bank Earnings
US inflation came in line with expectations. The kneejerk market reaction to the data was […]
Underlying Price Pressures Moderating in the US
Market movers today We get the US 5-10 years consumer inflation expectations from the University of Michigan, […]
Copper (HG) Rallies in a Nesting Impulse According to Elliott Wave
Copper (HG) rally from 9.28.2022 low is unfolding as a nesting impulse Elliott Wave structure. […]
Euro Continues to Surge as the US Dollar Wilts Post US CPI. Higher EUR/USD?
The Euro rally has been maintained today after the US Dollar was pummelled on bets […]
China export plunged -9.9% yoy in Dec, imports dropped -7.5% yoy
China exports plunged -9.9% yoy in December in USD terms, worst drop since February 2020, […]
BoE Mann: Bringing inflation down may require a significant recession
BoE MPC member Catherine Mann said yesterday that she’s “worrying about… underlying inflation dynamic looks […]
Fed Barkin: Inflation to be more persistent than a simple drop to 2%
Richmond Fed president Tom Barkin said he was “in concept supportive of a path that […]
Fed Bullard prefers getting rates above 5% asap
St. Louis Fed President James Bullard said yesterday that it’s “encouraging” that inflation “went in the […]
ECB Kazaks: Core inflation Currently a Key Gauge for Inflation Persistence
ECB Governing Council member Martins Kazaks pushed back on talks that the central bank would […]