The Federal Reserve Bank has been on an aggressive tightening path since March 2022. A total of 425 bps of rate hikes have pushed the Fed Funds Rate to 4.25%, the highest level since December Read more…
A volatile week awaits FX traders, featuring the first Bank of Japan decision of the year. It’s a close call whether policymakers will adjust their yield strategy once again, although even if they don’t, it’s Read more…
Year 2023 has delivered for risk lovers thus far. Early signs of moderating core price pressures in the US, Chinese reopening and a mild winter in Europe are altogether positive signals for risky assets in Read more…
Markets The recent downleg in core yields finally came to a standstill. Markets yesterday further reduced expectations both on the pace of Fed hiking and on the end-point of the rate cycle after US inflation Read more…
Britain, as previously with mainland Europe, is showing better than expected GDP performance, tempering expectations on the depth and duration of the looming recession. Monthly GDP estimates showed an unexpected growth of 0.1% in November Read more…
The cross extends steep fall into second straight day, losing 1.3% until early US session on Friday, following 1.6% drop on Thursday, as yen rose sharply on weaker dollar and speculations that BoJ is about Read more…
The world leader in electric vehicles has just chosen between its margins and sales volumes. U.S. consumers wanting to buy electric vehicles can smile. Tesla (TSLA) – Get Free Report and Chief Executive Elon Musk have just Read more…
Illustration by Alex Castro / The Verge Samsung’s next Unpacked event will kick off on February 1st, when we expect it to launch the Galaxy S23 and a new Galaxy Book laptop. As usual, the Read more…
US futures Dow futures -0.86% at 33915 S&P futures -0.98% at 3944 Nasdaq futures -1.02% at 11320 In Europe FTSE +0.34% at 7833 Dax -0.18% at 15054 Banks start earnings season US stocks are set Read more…
The USDJPY keeps firm negative tone and dips to new lowest levels in over seven months on Friday, in extension of strong acceleration on Thursday, when the pair lost 2.3% of its value, in the Read more…