The FOMC minutes to be released this week gains the most attention. The Fed is expected to reveal a long journey ahead in the tightening cycle with cuts off the table. We would discount any...
The gains in jobs and wages are inconsistent with the central bank’s goal of stable prices. That means the Fed may continue raising the rates, which is good news for the dollar.
The dollar dropped, stocks rallied, and US bond yield fell. That was the market reaction we saw last week. The question is will these price reactions be sustainable?
It is a big week. More than a third of companies in the S&P 500 will be releasing their Q2 earnings reports during this period, including many large tech names. In addition, the Fed's July meeting is...
The dollar’s strength is becoming a self-reinforcing risk, which could become a headwind to world economic growth and put financial markets at risk. Should the dollar continue to rise, risk assets,...
Fed is likely to hike another 75bps in July before slowing down the hiking pace from September to December and the Fed fund rate should be around 3% by end of the year.
The past week’s stock gains, especially in the US, do not signal a fresh spate of risk-on. Recession talks could intensity sooner or later as cyclical/defensive ratio for European/US stocks has...
With a potential economic recession and an aggressive Fed rate hike path, stocks have yet to reach the bottom, and gold may rise again as a safe haven.
A run of mixed economic data is dragging the U.S. dollar, stalling a rally that has rippled through the economy and financial markets. However, inflation data this week could be a game-changer.
U.S. stocks are on track to break a seven-week losing streak as recession fears cool amid a slew of strong quarterly earnings reports.
As a major support system for Wall Street, the Fed is going its own way these days, taking on the inflation fight. Its leading officials say it is pivotal to protect the U.S. economy, even if it...
Many currencies across the world sank to their weakest levels in years last week as surprisingly robust U.S. inflation data gave fresh impetus to a months-long rally in the dollar. Emerging-market...
The past week’s wild market swings pushed the major stocks indices below key levels, made big macro calls outdated within a few hours and rattled some of the market’s most resilient stocks.
We are seeing a rough April for Wall Street as the S&P 500 slides for three straight weeks. Now, investors will grapple with a loaded slate of earnings reports and key inflation data.
Earnings reports will dominate the stock moves this week after US inflation hit a 41-year high in March. Meanwhile, China’s better-than-expected GDP figure offers limited support to sentiment as the...
The rising energy, food and services prices pushed the already-elevated US inflation to a 7.9% annual rate last month, leading to another four-decade high with oil and commodity market disruptions...
The stock market is heading into what promises to be a volatile second quarter, but April is traditionally the best month of the year for stocks. The Fed and other geopolitical tensions are expected...
Russia-Ukraine conflict sends the eurozone economy substantially lower, with both the Manufacturing PMI and Consumer Confidence Index sliding, while the Fed continues to raise rates. These factors...
Last week, the three major averages notched their best week since November 2020, boosted largely by growth stocks. The S&P 500 surged 6.1% from Monday to Friday, the Dow Jones Industrial Average...
