Events to Look Out for Next Week
There is much riding on next week’s ECB meeting, as the EUR is threatening to lastingly drop below parity to the dollar. Political turmoil in Italy adds further pressure on…
Read More »Market Update – July 7 – Fed focused on Inflation, USD bid, Stocks flat, Gold tumbles
USD moved down from new to 20-year highs at 107.00 but remains in demand (USDIndex 106.64), US Stocks flat on close (NASDAQ +0.35%). FED Minutes leaned to the hawkish side. –…
Read More »Events to Look Out for Next Week
Inflation clearly was the key topic at the ECB forum this week, and will remain in focus in July, as now the key question is how aggressive banks could get….
Read More »EURJPY: ECB and BOJ Policy Divergence
ECB President Christine Lagarde’s speech today at the ECB Forum was largely a rehash of what she communicated at the ECB press conference earlier this month. She said that the…
Read More »Forexlive Americas FX news wrap: Market senses a less-hawkish Fed
UMich final 5-year inflation expectations 3.1% vs 3.3% prelim US May new home sales 696K vs 588K expected Fed’s Daly: We don’t need to think about the end-point for the…
Read More »June 12: Food Rationing Begins, Consumer “Worst In History”, Ethereum Collapse? (Recap ep179)
In this week’s Recap, Marcello talks about how the German supermarket chain Rewe has warned customers can take only 1 “critical” product – such as pasta and flour; Consumer spending…
Read More »Market Update – June 14 – Is the ugly Monday over?
USD spiked (USDIndex 105.10), Stocks plummeted once again (NASDAQ -4.68%, Dow -800pts & S&P close to -151pts). Friday’s hot CPI report; low consumer sentiment; stagflation worries continued; and global uncertainty…
Read More »Events to Look Out for Next Week
One of the core tenets of monetary policy is price stability, and the run-away inflationary pressures over the past year have certainly put central bank credibility to the test. Elevated…
Read More »Forexlive Americas FX news wrap: US stocks recover but fall for the seventh straight week
Kuroda told G7 that BOJ will patiently continue with powerful easing Fed Bullard: We have to get inflation under control. We have a good plan to do so Eurozone May…
Read More »