Markets US economic data yesterday all but cemented next week’s Fed rate cut expectations. The ADP job report unexpectedly showed a 32k job loss – the second worst reading since June 2020 – and wage growth cooling. But while a further rate reduction to 3.5-3.75% may be a done deal, the bigger question remains what […]
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The USD/JPY chart shows a bullish trend at the start of March, influenced by the escalation of military activity in the Middle East. On one hand, the US dollar is strengthening due to increased demand Read more…
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For the past five days or so, President Trump has pronounced the war in Iran at or near an end. Behind his thinking — and much of Congress, Wall Street and others — is that Read more…