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Heads up folks, the july (27, 28) bank of japan meeting is going to be huge - ycc pivot
The Bank of Japan June meeting Summary of Opinions has dropped a couple of bombshells:There is strong chance consumer inflation will moderate, but won...
June 26, 2023, 12:36 am
Chart of the day: no fear of japanese inflation
This is the chart of the day in global macro:Core Japanese CPI rose to 4.2% y/y in today's report, which is the highest since 1981.Normally, you would...
June 23, 2023, 2:35 pm
Darden restaurants (dri) up 40% in a year: more room to run?
Darden Restaurants' (DRI) focus on accretive acquisition and off-premise offerings bode well. However, inflati...
June 23, 2023, 2:09 pm
Dgro: a buy for long-term income objective (rating upgrade)
iShares Core Dividend Growth ETF is suitable for long-term investors seeking capital appreciation and dividend income, with a consistent dividend grow...
June 23, 2023, 2:48 am
Macy's (m) grapples with several headwinds, declines 25% ytd
Macy's (M) has been witnessing higher SG&A costs for a while now. A tough macroeconomic landscape along with i...
June 22, 2023, 4:22 pm
Development projects aid red rock resorts (rrr), costs high
Red Rock Resorts' (RRR) emphasis on development projects and digital initiatives bodes well. However, inflatio...
June 22, 2023, 2:06 pm
Ecb's nagel: tight labor market could result in persistent inflationary pressures
Rates have not peaked and eventual peak must be held for an extended period until inflation is brokenOnce we've reached peak rates or near-peak rates,...
June 22, 2023, 12:10 pm
Snb lifts rate by 25 bps, signals more tightening
The Swiss National Bank continued its policy tightening with yet another hike to its interest rates, but at a slower pace as expected, and signaled mo...
June 22, 2023, 9:09 am
Snb hikes 25bps, inflation to fall to 1.7% in q3 then bounce
SNB raises policy rate by 25bps to 1.75%, for “countering inflationary pressure, which has increased ...
June 22, 2023, 7:43 am
(snb) swiss national bank tightens monetary policy further and raises snb policy rate to 1.75%
The SNB is tightening its monetary policy further and is raising the SNB policy rate by 0.25 percentage points to 1.75%. In doing so, it is countering...
June 22, 2023, 7:34 am
Latest gold prices: three-month tested as jerome powell’s comments weigh
Gold prices have reached a three-month low, hovering around $1930 per ounce. This fall comes as Federal Reserve Chairman Jerome Powell testified befor...
June 22, 2023, 5:44 am
Boc minutes: agreed to assess need for further hikes based on data
Ahead of June 7 hike, the BOC debated hiking vs holding and signalling a July hikeGoverning Council felt enough data had accumulated to convince them ...
June 21, 2023, 5:34 pm
Usdcad technical analysis - key level in focus
The Fed last week paused its tightening cycle leaving interest rates at 5.00-5.25%. The FOMC wants to see more economic data before deciding on anothe...
June 20, 2023, 8:59 am
Gold’s bullish potential amid inflationary adjustments
Summary The recent deceleration of the Consumer Price Index still significantly above average, suggests a potential rise in the gold market as investo...
June 20, 2023, 4:44 am
Solid projects to aid southern copper (scco) amid high costs
Southern Copper (SCCO) is poised to grow on the back of its copper reserves and solid growth projects. However, ...
June 19, 2023, 1:14 pm
Ecb kazimir: we need to deliver another rate hike in july
ECB Governing Council member Peter Kazimir stressed today the necessity for continued monetary policy tightening to address prevailing ...
June 19, 2023, 8:45 am
What would an ai-based bank of canada do?
CIBC is the Canadian Imperial Bank of Commerce based out of Toronto, Ontario.Economists at the bank have asked What would an AI-based central bank do?...
June 19, 2023, 2:29 am
Wendy's (wen) banks on digital initiatives, high costs ail
Wendy's (WEN) emphasizes maximizing the restaurant economic model and growing digital sales to approximately $1.5 billion in 2023. However, ...
June 16, 2023, 11:35 am
Us ppi confirm disinflationary trends
US producer prices fell stronger than expected, potentially reinforcing the dovish argument at the Fed. For May, PPI declined by 0.3% m/m, more than t...
June 14, 2023, 4:56 pm
Gold price forecast: us inflation data, fed meeting drive xau outlook
Highlights Gold rises as U.S. dollar weakens, attracting international buyers. Fed expected to maintain interest rates amidst easing ...
June 14, 2023, 7:46 am