The FOMC’s rate cut overnight initially pressured Dollar and Treasury yields lower, while Gold surged to new records. But sentiment quickly reversed as markets interpreted the decision and projections as less dovish than hoped. The Read more…
We now think the RBNZ will cut 50bp in October and 25bp in November (previously we expected 25bp cuts at both of those meetings). This change follows weaker than expected GDP growth in Q2. Very Read more…
New Zealand’s GDP fell by 0.9% in the June quarter, substantially worse than expected. The surprises were narrowly concentrated in areas that are unlikely to respond to further interest rate cuts. Key results Quarterly change: Read more…
The Bank of Japan is broadly expected to keep its policy rate at 0.5% during its meeting on September 19, 2025. The future economic outlook remains cautious because of political uncertainty within Japan and challenges Read more…
Key Highlights USD/CHF gained bearish momentum after it settled below 0.7950. A major bearish trend line is forming with resistance at 0.7925 on the 4-hour chart. EUR/USD rallied further above 1.1800 and 1.1850 before correcting Read more…
Summary As expected, the FOMC reduced the fed funds target range by 25 bps to 4.00%-4.25% at the conclusion of its meeting today, the first adjustment in nine months. Newly confirmed Governor Stephan Miran was Read more…
The Fed cut rates by 25bp in its September meeting, as widely anticipated. 9/19 participants saw only one more rate cut in the last two meetings of the year, or none. 9 participants expect two Read more…
EURJPY: ⬇️ Sell EURJPY reversed from resistance zone Likely to fall to support level 169.9 EURJPY currency pair recently reversed down from the resistance zone between the resistance levels 173.65 (which stopped the price earlier Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal Going off the grid can be Read more…
Widely viewed as a positive development, the U.S. Bureau of Labor Statistics reported a 0.1% drop for the Producer Price Index (PPI) in August. Year over year, the PPI grew by 2.6%. Prices for final demand Read more…