Today’s high volatility in grain markets still doesn’t match the levels found in 2008, though new tools have emerged to manage risk more efficiently. Corn, wheat, and soybean implied volatility and CVOLTM have been high Read more…
Lagarde signals a rate hike ECB President Christine Lagarde spoke today at an event sponsored by the Slovenia Central Bank, but what was of most interest were her remarks on future rate hikes. The ECB Read more…
“We expect Q2 to have both lower transaction volumes and lower (Monthly Transacting Users) than the Q1 levels,” said CEO Brian Armstrong. Coinbase Global (COIN) shares plunged lower Wednesday after the cryptocurrency trading platform posted Read more…
Stock futures higher with inflation, volatility in focus; April CPI data eyed as pressures ease, Fed vows rate action; Philip Morris international to pay $16 billon for tobacco rival Swedish Match; Coinbase shares plunge after Read more…
ECB President Christine Lagarde indicated in a speech that the asset purchases could end “early” in Q3, and interest rate hikes could start “only a few weeks” after that. “We will end net purchases under Read more…
EURGBP is consolidating after a strong upside rally in the preceding sessions, while it is still holding well above the long-term falling trend line. The RSI is losing its positive momentum after the pullback from Read more…
USDJPY continues to defy gravity with its recent two-and-a-half-month rally from 114.40, showing limited signs of slowing down. Reinforcing this viewpoint are the soaring simple moving averages (SMAs). The Ichimoku lines are indicating that positive Read more…
Spot gold is trading near new three-month low ($1832) posted in early Wednesday’s trading, with larger bears pausing here as traders await fresh signals from US inflation data, due later today. The metal was under Read more…
EUR/USD edges towards 1.550 with CPI data in focus EUR/USD is edging higher on Wednesday, paring losses from the previous session. Fed President of Cleveland Loretta Mester suggested that a 75 basis point rate hike Read more…
Given the palpable woes surrounding inflation, markets will be keeping a wary eye on today’s US CPI release. The median forecast expects an 8.1% headline inflation print for April, which is a moderation from the Read more…