Inflation Inches Higher With Lower Consumers’ Confidence, What Assets Will Benefit?
Fundamental indicates that Gold may outperform the S&P 500 Index in the coming months as the threat of stagflation becomes real.
US Inflation Data May Further Accelerate and Fed Will Allow That
After the US reported better-than-expected nonfarm payroll data last Friday, the country’s CPI data for October will be due this week. With the labour market recovery back on track and likely to meet...
Fed Expected to Taper This Week as Inflation Pressure Weighs On
The US Federal Reserve is expected to announce that it will begin winding down the bond-buying program put in place last year, at the end of its 2nd to 3rd November 2021 policy meeting. Investors...
Gold Extends Gains After Powell Stressed on Inflation Pressures
Federal Reserve Chair, Jerome Powell, sounded a note of heightened concern over persistently high inflation as he emphasized that the central bank would begin tapering its bond purchases shortly...
China’s Q3 GDP Slowed To 4.9%, Power Shortages and Supply-Chain Worsen
China's third-quarter GDP fell dramatically to 4.9%, down from 7.9% the previous quarter. The slower-than-expected GDP growth is due to a variety of factors, including policymakers' decision to...
A Weak NFP Won’t Delay Fed’s Taper Plan, But Who Will Benefit?
A higher interest rate environment is expected, as the Fed has set the tapering timeline to happen within this year. If anyone were to benefit from such an environment, it would have to be the...
Watch Dollar’s Upside After Jobs Report This Friday!
As the Fed has made the message very clear that tapering is going to happen within the year, the payroll data this Friday will become a crucial gauge. Any weaker-than-expected reading may not trigger...
Why Wall Street Loves Dollar Now?
The road to higher Treasury yields finally appears to be clearing up as the Fed edges closer to ending emergency pandemic policies. This is certainly good news to the greenback.
Dollar to Move Higher Amid Risks and FOMC
Stocks and US equity futures fell Monday, hurt by a slump in Hong Kong property developers and jitters ahead of the Federal Reserve meeting that’s expected to hint at moving toward paring stimulus....
US CPI Data This Week Hints at Tapering in December
Fed is expected to begin tapering in December at a pace of $15 billion a meeting, with a $10 billion and $5 billion split between Treasuries and mortgage-backed securities.
What US Jobs Report Can Tell Us About Fed and Dollar’s Direction?
Last week’s price action was all about the US payrolls report, which turned out to be a massive miss. The S&P 500 fell, but later climbed back to almost unchanged on thin pre-holiday volume, while...
Will Jackson Hole Become a Dovish Event?
Chair of Federal Reserve, Jerome Powell, speaking on the economic outlook at the upcoming central bank’s Jackson Hole economic symposium, will dominate market direction. Fed officials appear on track...
Dollar May Still Face Downward Pressure Ahead of Jackson Hole
Markets appear to have decided that Jackson Hole will be the next key event in gauging the Fed’s path, in a week filled with a slew of US policy makers’ hints on US monetary policy’s next step....
Jobs Report Signals Fed’s Tapering Is Near
The jobs data beat expectations last week, which led to both gold and silver selling off into the close. This morning we are seeing the overhang of that as perhaps those traders, who are a bit late...
Downside Risk to Spike During NFP This Week Amid Delta Variant Spread
August has a history of sudden spikes in volatility. Think back to the sell-off in August 2011, or the drama of 2015. With many areas of the world now experiencing an uptick in Covid and the CBOE’s...
Prepare for High Volatility as the Fed Meeting Is Coming!
It’s a currency seasonality thing for sure: the market gets calmer in June, only for price action to turn more volatile in July to August. It seems like 2021 could be another year that the Fed is...
Oil Supply & Risk Sentiment Suggest More Upside for Dollar
There is more upside for the dollar in the near term as the OPEC+ agreement, to increase oil supplies, weigh on energy companies in Asia and add to the negative tone from last week’s equities close....
Healthy NFP Data May Cause Dollar’s Uptrend to Pause
The dollar’s recovery from its May low could be over, after Friday’s drop in US payrolls data.
Dollar Bulls May Continue as Inflation Rises
A key inflation indicator that the Federal Reserve uses to setA key inflation indicator, that the Federal Reserve uses to set policies, rose 3.4% in May, from a year ago. This has been the fastest...
