If the Fed raises the federal funds rate by 50 bps this week and guides toward a terminal rate above 5%, dollar may rebound again especially if Powell’s tone become more hawkish than expected.
Job growth was better than expected in October despite Federal Reserve’s interest rate increases aimed at slowing a relatively strong labour market.
The current uptrend in global stocks may last weeks to months as new risks have become more visible.
So far this year, FOMC committee members have been remarkably united in setting monetary policy. The November minutes will likely reveal a consensus among policymakers that the Fed needs to slow rate...
Technology stocks last week staged their biggest comeback since the global financial crisis. Some investors still are not sold on the sector
The US CPI data, which will be announced later this week, will probably reveal that the Fed's rate rises have already had some effects on the economy. As a result, the data may imply that a 50bp...
Fed officials are planning towards another interest-rate rise of 0.75 percentage points at their coming meeting this week and are likely to debate then whether and how to signal plans to approve a...
Japan intervened in the foreign exchange market on Friday to buy yen for the second time in a month after the currency hit a 32-year low near 152 to the dollar. The next question is: Central banks’...
The robust September US jobs report significantly bolsters the case for a fourth consecutive 75-basis-point hike at the November FOMC meeting. The labour market remains tight, and the supply of...
Sterling crashes on mounting fiscal concerns, printing a record-low 1.035 against the dollar before recovering to around 1.050-handle.
August’s inflation reports disappointed investors who were looking for signs price pressures are easing enough, to let the Federal Reserve dial back its rate hikes. But traders are still betting...
The read across from any US dollar weakness will be a key input into global risk assets in the week ahead. Whether it is a correction within an ongoing mega-bull trend for the greenback or the start...
Federal Reserve Chair, Jerome Powell, issued a fresh warning to investors doubting his resolve to fight inflation: interest rates are heading higher and will stay there for some time.
US equity futures extended losses as the week of the Jackson Hole Symposium began, and the 10-year Treasury yields and the Dollar Index are running near four-week highs. This sends one message: The...
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.
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.
