Summary United States: Expansion Not Yet Heading to the Gallows An increase in real retail sales by our estimates and a rebound in industrial production in July offered evidence beyond recent jobs data that the U.S. economy is not yet in a recession. That said, with new orders in the manufacturing sector slowing sharply and […]
The post Weekly Economic & Financial Commentary: The Fed Still Has More Work to Do appeared first on Action Forex.
It has been what felt like a few years since the previous FOMC, with what resembles a totally different Market since. Since January 28, Oil is up close to 60%, Silver is down 25%, previously Read more…
The Federal Reserve is expected to deliver a “hawkish hold.” The Summary of Economic Projections (SEP) is anticipated to show higher inflation forecasts and a risk that the one expected 2026 rate cut could be Read more…
The USD/JPY pair is trading around 158.90, facing a high risk of FX intervention by the Japanese Ministry of Finance as it nears the 160.00 level. The week is dominated by a “central bank double-header,” Read more…