Live Analysis – CPI
Yields and the USDIndex popped higher after the hotter than projected 0.4% rise in headline CPI. Still low initial jobless claims added to the moves. The front end of the…
Read More »Mixed NFP – Lifts Stocks and Weighs on USD
The US jobs report was slightly weaker than expected on net, mostly via big downward private payroll revisions that were offset by a stronger government jobs trajectory, and a weak…
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 »Could Job Slowdown Continue?
The September payroll forecast is for a 210k increase after a 315k increase in August. The workweek is anticipated to hold steady from 34.5 in August, alongside a 0.1% hours-worked…
Read More »US Market Open _ Weak Durable Goods
Worries over hawkish central banks and the threat of recession are weighing as the Jackson Hole symposium looms, while the week’s data releases will only add to the uncertainties over…
Read More »Live Video Analysis ahead of FOMC Minutes
It is a busy week of data, as along with the key June NFP report, the FOMC minutes on Wednesday will be scrutinized, not so much for the outlook, but…
Read More »End of June & PCE release!
Yields extended slightly lower on the heels of data that came in a little below expectations, including tepid consumption and below consensus deflators. Some month- and quarter-end jockeying is adding…
Read More »Solid NFP – Not Too Hot & Not Too Cold
US nonfarm payrolls increased 390k in May following gains of 436k (was 428k) in April and 398k (was 428k) in March, for a net -22k 2-month revision. The unemployment…
Read More »Events to Look Out for Next Week
The economic agenda ahead is expected to be a massive one, as Fed, BoE, and BoJ officials are heading for lively debates at next week’s rate decision and monetary policy…
Read More »End of Week Wrap Ahead of US Open!
US personal income increased 0.3% and spending declined -0.6% in December after respective gains of 0.5% (was 0.4%) and 0.4% (was 0.6%) in November. The Dollar ticked lower following the…
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