Fed Chair Jerome Powell said in an interview that “what we were actively considering, and this is just a factual recitation of what happened at the meeting, was a 50-basis point increase… if the economy Read more…
San Francisco Federal Reserve President Mary Daly said yesterday she’d like to Would like to see continued tightening of financial conditions to help bring down inflation. Yet, 75bps rate hike is “not a primary consideration”. Read more…
BoC Deputy Governor Toni Gravelle said yesterday, “our policy rate, at 1%, is too stimulative, especially when inflation is running significantly above the top of our control range. We need our policy rate to be Read more…
Key insights from the week that was. Confidence in the economy (and financial instruments) has been a key talking point for markets this week. For Australia’s business sector, NAB’s April survey showed a decline in Read more…
WTI prices continued to move in a rather tight range for the past several weeks, indirectly displaying some uncertainty in the Oil market. Traders have a lot of information to consider at this point, with Read more…
Short Term View in USDCAD suggests cycle from 04.21.2022 low is in progress as a 5 waves impulse Elliott Wave structure. Up from April 21 low, wave ((i)) ended at 1.288 and dips in wave Read more…
Historically, the stability of the franc is caused by the solid Swiss economy and a highly developed banking system. A peg to gold also supports its “safe currency” status. In addition, the inflation rate in Read more…
FTX Founder and CEO acquires 7.6% stake in hard-hit online brokerage The billionaire founder of cryptocurrency exchange FTX has taken a big stake in a company at the heart of the meme-stock mania in early Read more…
Jim Cramer reminds investors that stock declines provide even more buying opportunities. The market should’ve bounced Thursday, with interest rates taking a breather, but instead the volatility continued. That’s why Jim Cramer told his Mad Read more…