Strong Yen Weighed on Japan’s Trade Balance in July, Fed Speakers up Next
The significant strengthening of the yen added to Japan’s trading deficit in July but economists and the market as a whole still expect another rate hike in December
Read More »US Dollar Remains Weak Ahead of Jackson Hole, USD/JPY and Gold Latest
The US dollar is trading at levels last seen eight months ago as traders wait for Fed chair Jerome Powell’s Jackson Hole speech later this week.
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🤔📉 U.S. economy didn’t recover after 2008
This video argues that the U.S. economy never fully recovered from the 2008 crisis. The speaker claims that the Federal Reserve’s target inflation rate of 2% was not met after…
Read More »Fed’s Bowman: Cautious on rate cuts, eyes upside inflation risks
“I am not confident that inflation will decline in the same way as in the second half of last year.” Inflation still “uncomfortably above” 2% target Labor market showing signs…
Read More »USD/JPY remains on the defensive below 154.00, Fed/BoJ rate decision in the spotlight
The USD/JPY pair trades on a weaker note near 153.90 during the early Asian session on Tuesday.
Read More »Asian stocks rebound with Fed, rate cuts in focus; China lags
Original source: https://www.investing.com/news/stock-market-news/asian-stocks-rebound-with-fed-rate-cuts-in-focus-china-lags-3540452
Read More »US stock futures rise with Fed, big tech earnings in focus
Original source: https://www.investing.com/news/stock-market-news/us-stock-futures-rise-with-fed-big-tech-earnings-in-focus-3540440
Read More »Gold rises amid soft US Dollar as traders eye next week Fed meeting
Gold price makes a U-turn after diving to two-week lows of $2,353 edges higher some 0.80% as market participants seem secure the Federal Reserve will lower interest rates at the…
Read More »Gold jumps to record above $2,460 an ounce on hopes Fed will soon cut rates
Rising expectations for a September rate cut following the latest inflation data bolstered demand for bullion. Original source: https://www.cnbc.com/2024/07/16/gold-heads-for-record-high-close-on-view-the-fed-poised-to-cut-rates-.html
Read More »Goldman challenges Fed’s demand it hold more capital after stress test, FT reports
Original source: https://www.investing.com/news/stock-market-news/goldman-challenges-feds-demand-it-hold-more-capital-after-stress-test-ft-reports-3518227
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