A rally of major proportions ensued in bonds and stocks last week, supported by expectations that the hiking cycles of the FOMC, ECB, BoE, and BoC have come to an end. Though policymakers reiterated rates may have to be increased further, the “hawkish holds” were summarily disrespected by the markets as the threat was seen
S&P 500 futures are up 7 points, or 0.2%, ahead of the open. Last week was the best one since November 2022. To my way of thinking, any gains today would be a big win following 5 days of non-stop buying, particularly with yields retracing higher today. S&P 500 weekly chart لینک منبع : هوشمند
RAND TALKING POINTS & ANALYSIS US specific factors drive ZAR strength but may be short-lived as markets may over overreacted to Friday’s NFP data. Fed speak in focus later today. USD/ZAR bulls keenly await possible short-term reversal. USD/ZAR FUNDAMENTAL BACKDROP Macro-economic fundamentals underpin almost all markets in the global economy via growth, inflation and employment
© Reuters. FILE PHOTO: Woman holds U.S. dollar banknotes in this illustration taken May 30, 2022. REUTERS/Dado Ruvic/Illustration/File Photo By Samuel Indyk LONDON (Reuters) -The U.S. dollar extended its decline on Monday, having fallen last week by the most since July after the Federal Reserve dialled down its hawkish rhetoric and U.S. data showed signs
Share: USD/JPY is back below the 150.00 level. Nonetheless, economists at MUFG Bank expect the pair to rise further. Yen sellers will remain reassured until the next BoJ policy meeting in December Rising US interest rates continue to put upward pressure on the USD/JPY. Concerns about currency intervention by the Japanese authorities have
US Dollar Forecast – Prices, Charts, and Analysis Market traders now see 100bps of US rate cuts next year. Greenback trying to stem further losses. Recommended by Nick Cawley Get Your Free USD Forecast The US dollar is back at lows last seen six weeks ago after last week’s heavy sell-off. US Treasury yields collapsed
Last week’s market reactions underscore the risks associated with central banks discussing data dependence without clarifying their medium-term framework or how they expect policy to impact the real economy. Both stocks and bonds experienced rallies, boosted by the Treasury’s smaller-than-anticipated increase in longer-term debt auctions. However, Treasury yields dove with an eye-popping speed. The move
U.S. Treasury Secretary Janet Yellen will meet with Chinese Vice Premier He Lifeng in San Francisco this week to try to deepen a fledgling economic dialogue between the world’s two largest economies ahead of a U.S.-hosted summit of Pacific Rim leaders. The Treasury said the Nov. 9-10 meetings will also convene the new economic and
AUD/USD ANALYSIS & TALKING POINTS Weaker US dollar propping up AUD after Friday’s NFP. RBA expected to hike rates by 25bps tomorrow. AUD/USD holding above key 0.65 support handle. Elevate your trading skills and gain a competitive edge. Get your hands on the Australian dollar Q4 outlook today for exclusive insights into key market catalysts
Investing.com – The U.S. dollar edged lower in early European trade Monday, falling to a six-week low and extending last week’s declines on the back of a less hawkish stance from the Federal Reserve. At 03:20 ET (08:20 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, edged 0.1%
