San Francisco Fed President Mary Daly commented on the CPI report released today, calling it “good news” but also noting that inflation remains elevated. She said, “Headline release showed that it’s going down, it’s going Read more…
San Francisco Fed President Mary Daly commented on the CPI report released today, calling it “good news” but also noting that inflation remains elevated. She said, “Headline release showed that it’s going down, it’s going Read more…
San Francisco Fed President Mary Daly commented on the CPI report released today, calling it “good news” but also noting that inflation remains elevated. She said, “Headline release showed that it’s going down, it’s going Read more…
San Francisco Fed President Mary Daly commented on the CPI report released today, calling it “good news” but also noting that inflation remains elevated. She said, “Headline release showed that it’s going down, it’s going Read more…
The Bank of Canada maintained the overnight rate at 4.5%, while stating that it will continue with Quantitative Tightening (QT). Regarding the recent resurgence in economic momentum, the report stated, “economic growth in the first Read more…
ECB Governing Council member Robert Holzmann told German newspaper Boersen Zeitung that the persistence of inflation currently calls for further action: “The persistence of inflation currently argues for another 50 basis points (in May).” Holzmann Read more…
US futures Dow futures +0.73% at 33920 S&P futures +0.93% at 4148 Nasdaq futures +1.2% at 13125 In Europe FTSE +1% at 7854 Dax +1% at 15813 CPI falls to 5%, core CPI rises to Read more…
US CPI rose 0.1% mom in March, below expectation of 0.3% mom. CPI core (all items less food and energy) rose 0.4% mom, matched expectations. Energy index decreased -3.5% mom while food index was unchanged. Read more…
The currency market has moved little over the past week, waiting for significant drivers. The Easter lull is likely to end today, as inflation data and the Fed’s March meeting minutes are expected to be Read more…
Gold is currently under pressure but is still above the 2,000 psychological mark and the short-term simple moving averages (SMAs) in the 4-hour chart. The short-term technical oscillators are showing some bearish signs and point Read more…