TAG: Federal Reserve
Gold seeks fresh momentum
Gold trading between key weekly levels Incoming US data could move precious metal H4 charts show pos...
7 months ago
Week Ahead: NAS100 upside braced for major test
NAS100 up 6% YTD Nvidia earnings could jolt index Keep eye on Fed minutes Prices firmly bullish bu...
7 months ago
Week Ahead: US500 set to conquer 5000 milestone?
Note: This report was published before the US CPI revisions. US500 up almost 5% YTD Index could be...
7 months ago
Beat the street: CPI data weighs on Fed rate-cut hopes; SEC gives Bitcoin ETFs green light; Google; Citi
The SEC has given Bitcoin ETFs the green light, so what does this mean for investors? Google cuts hundreds of jobs in Assistant, engineering, and hardware teams. Citigroup’s profit is set to take $3.8 billion hit. (AI Video Summary) CPI on deck In tod...
7 months ago
US rate cut expectations pared back to June following hot inflation print
US rate cut expectations have been pared back to June The Federal Reserve (Fed) officials are taking a cautious approach when it comes to rate cuts, as they believe more time is needed before implementing any changes. This sentiment was reinforced by...
7 months ago
Asia Day Ahead: Hot US inflation print drives near-term shunning, Indonesia election in focus
Market Recap A hotter-than-expected print in US January consumer price index (CPI) data kept Wall Street on the backfoot overnight, as market participants recalibrated their rate expectations to price for a later timeline for Federal Reserve (Fed)’s rate...
7 months ago
Why Might Gold Be Rising?
While Gold (XAU) is down almost 2.04% since the beginning of the year and as of the time of the writing, many analysts believe that the commodity will finish higher by the end of the year. At the beginning of the month, UBS Group (UBSG) forecast Gold to r...
7 months ago
Asia Day Ahead: Fed’s dovish bets pared, AUD/USD attempts to stabilise
Asia Open The Asian session was slightly mixed to start the day, with Nikkei +0.65%, ASX +0.17% and KOSPI -0.05% at the time of writing. This comes as the surprise expansion in US March manufacturing activities overnight triggered mostly a downside reacti...
6 months ago
Asia Day Ahead: China’s PMI surprise on upside, USD/JPY on watch
Asia Open The Asian session kickstarted the new week on a more positive note, with Nikkei +0.10% and KOSPI +0.51% at the time of writing, as US equity futures found room for some relief following a tamed inflation read from the US core Personal Consumptio...
6 months ago
Wall Street: robust US manufacturing data shakes rate cut expectations
Manufacturing surge impacts Fed rate outlook US equity markets had a mixed opening for Q2 2024, with strong US manufacturing data driving up yields and lowering prospects of a Federal Reserve rate cut in June. The ISM manufacturing PMI increased to 50.3 i...
6 months ago
S&P 500 Momentum Report
Strong set of US manufacturing data challenged dovish rate expectations A surprise expansion in US March manufacturing activities triggered mostly a downside reaction across Wall Street to kickstart the new quarter, as market participants pared their dovi...
6 months ago
NFP Preview: Dollar in focus
(AI Video Summary) The impact of the NFP report due this Friday The upcoming non-farm payroll (NFP) report this Friday is going to have a big influence on the market. If the data shows a higher number than expected, it could change people's expectations a...
6 months ago
Wall Street Wrap: “Good news is bad news” kept US indices on the backfoot
Market Recap The “good news is bad news” mantra continued to play out in Wall Street overnight, as stronger-than-expected US job openings and factory goods orders joined the recent run in robust economic data to challenge the upcoming pace of Federal Rese...
6 months ago
Ahead of the game: 5 April 2024
US stock markets tumbled this week as rising geopolitical tensions and more hawkish Fed speak raised questions around the scope and depth of possible Fed rate cuts. After striking a fresh record high early in the week, the ASX 200 erased all of las...
6 months ago