Markets are still waiting for the real signals. As US President Donald Trump’s two-day summit with Chinese President Xi Jinping began in Beijing today, investors largely avoided making aggressive bets, preferring instead to wait for Read more…
Key Takeaways US inflation pressures intensified after April PPI surged 6.0% y/y, reinforcing the “higher for longer” Federal Reserve narrative and fuelling expectations that any future Fed move could shift toward rate hikes rather than Read more…
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Key Highlights GBP/USD was rejected near the 1.3650 resistance. It traded below a bullish trend line with support at 1.3580 on the 4-hour chart. EUR/USD could struggle to stay above 1.1650 if it remains below Read more…
Minneapolis Fed President Neel Kashkari signaled Wednesday that the Federal Reserve remains firmly focused on inflation risks, warning that stronger labor market conditions and rising energy-driven price pressures are strengthening the case for maintaining a Read more…
Boston Fed President Susan Collins said on Wednesday that while holding interest rates steady remains her base case, the Federal Reserve may still need to tighten policy further if inflation pressures fail to ease. Speaking Read more…
ECB Chief Economist Philip Lane signaled on Wednesday that the Iran-related oil shock may require ECB tightening to prevent higher energy prices from spreading into wages, inflation expectations, and broader consumer prices. Speaking in London, Read more…
Bank of England policymaker Catherine Mann warned that future interest rate hikes could trigger larger-than-intended tightening in UK financial conditions because of growing fragility in Britain’s gilt market. Speaking on Wednesday, Mann said the increasing Read more…
US stock benchmarks rise but show mixed reactions to the confirmation of Kevin Warsh as the next Fed Chair. Nasdaq and S&P 500 continue to explode to new all-time highs, while the Dow Jones still Read more…
The S&P 500 just pulled off something with only one precedent in more than four decades, and a strategist at one of the world’s largest asset managers boiled the entire episode down to three words Read more…