Dow Jones, S&P 500 Plunge on Powell Testimony. Is a Larger Fed Rate Hike Next?
The Dow Jones and S&P 500 plunged as increasingly hawkish testimony from Federal Reserve Chair Jerome Powell offered markets a reality check. Is a 50-basis point rate hike the next…
Read More »Events to Look Out For Next Week
The FOMC, BoE and ECB policy meetings and press conferences are the central bank highlights next week in the wake of a possible escape from a technical recession for Eurozone, while in…
Read More »What’s Ahead for Tesla?
Not a good week again for the stock market, notably after FOMC and Fed Chair Powell’s speech. The Fed officials insisted on ‘higher rates for longer run’ in battling inflation,…
Read More »A Day Prior to the “Big Day”
All eyes will be on the FOMC outcome where a 50 bp increase is fully priced in. Hence, attention will be on the dots and what they imply about the…
Read More »ECB & President Lagarde, Weekly Claims & Chair Powell
EURUSD, H1 The ECB delivered a 75bp rate hike, with the deposit rate raised to 0.75% from 0.0%, the main refinancing rate now at 1.25%. At the same time, the…
Read More »On the Road to Jackson Hole!
Treasury yields have been choppy in early action awaiting Chair Powell’s speech on Friday. There was little reaction from the GDP or claims data though the marginal boosts to growth…
Read More »Events to Look Out for Next Week
Inflation pressures remain elevated near historic highs, as worries over aggressive Fed tightening knocking the economy into recession are still on. Slowdown fears are also being exacerbated by slumping economies…
Read More »Mastercard: Will Fed’s Rate Hike Be Its Tailwind?
Last week, the Federal Reserve (Fed) increased its benchmark rate by 50 bp to 0.75%-1.00%, the largest single hike since May 2000 in an attempt to tackle a 40-year high…
Read More »Your Morning Blueprint Is Here
Most people who try trading will not make money in the market…let alone experience life-changing results. Despite the daunting odds, I’ve helped dozens of people crack seven-figures in trading profits…
Read More »Gold & Oil on the heightened geopolitics
Ukraine tensions have continued to dominate the market narrative, with bonds and safe haven currencies in strong demand, while stock markets have sold off. Tech stocks in particular have been…
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