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Another rate cut expected from the people's bank of china on thursday. to the 1 year mlf.

As posted earlier, the PBOC cut two policy rates on Tuesday:ICYMI - People's Bank of China rate cut overnight (that's two rate cuts in one day)Expecta...

June 14, 2023, 4:04 am

2 responses to the us cpi from goldman sachs - fomc pause in june

A couple of snippets from Goldman Sachs, their economists and then their asset managers.Goldman Sachs economists:We view today’s report as supportiv...

June 13, 2023, 9:01 pm

The close: the value trade leads the way as us stocks hit new highs

The S&P 500 continued to break through the August 2022 high after a soft CPI kneecapped Fed hike expectations for to...

June 13, 2023, 8:18 pm

A sell-off in risk assets in equities could play out this summer, says jpmorgan’s joyce chang

Joyce Chang, JPMorgan chair of global research, joins ‘Power Lunch’ to discuss what to expect from the Federal Reserve’s FOMC meeting to...

June 13, 2023, 6:44 pm

Plug power stock drawing option bulls ahead of investor day

Plug Power Inc  (NASDAQ:PLUG) stock is up 4.4% to trade at $10.89 at last check, after the hydrogen fuel cell concern's 2023 sales guidance came in...

June 13, 2023, 3:49 pm

Usd/cad breaks the april and may lows, nears the range-bottom

Today was the first day of a three-day gauntlet for FX traders, with the FOMC tomorrow and US retail sa...

June 13, 2023, 3:43 pm

Us inflation: the fed isn’t done with rate hikes yet

By George Prior The latest US inflation report suggests that the Federal Reserve will pause interest rate hikes to...

June 13, 2023, 2:08 pm

Us stocks continue the run to the upside

The major US stock indices are moving higher in early US trading after the CPI data came in a little softer than expectations. That should keep the Fe...

June 13, 2023, 1:42 pm

Bofa fund manager survey shows "the pain trade for risk assets is still up"

US stocks are set to open higher with S&P 500 futures up 0.5% and Nasdaq futures up 1.0%. Both will be fresh 52-week highs.Stock markets are cheering ...

June 13, 2023, 1:20 pm

Dollar declines as headline and core cpi slowed; sterling soars on positive job data

Dollar falls significantly in early US session, reacting to reports that both headline and core CPI decelerated in May. This development boosts confid...

June 13, 2023, 1:00 pm

The moment is finally here: us cpi coming up next

The odds of a Fed hike tomorrow have dwindled to 21% in a sign that it will take an extraordinarily str...

June 13, 2023, 12:18 pm

Fed to skip, if inflation allows

Over three-quarters of traders expect the Fed to hold pat tomorrow. But that could radically change wit...

June 13, 2023, 11:40 am

Gold price undecided ahead of the us inflation figures

The XAU/USD should develop sharp movements after the US CPI. The price action signaled strong upside pressure. The FOMC could be decisive to...

June 13, 2023, 11:26 am

Nasdaq and sp500 test new highs as inflation rate drops to 4%

Traders bet that the Fed will leave the federal funds rate unchanged at tomorrow's meeting....

June 13, 2023, 9:45 am

Aud/usd closes in on april, may highs as buyers seek us cpi approval for a break

This carries over from yesterday's post here and all the points made then are still very much in play in trading today. The pair is still looking pois...

June 13, 2023, 9:18 am

China cuts rates

Market movers today US CPI for May is out ahead of the monetary policy decision announced tomorrow. Con...

June 13, 2023, 8:03 am

Trade ideas thread - european session 13 june 2023

It's all about the reaction to the US CPI data today and how that will set markets up ahead of the Fed decision to...

June 13, 2023, 5:55 am

Risk-on sentiment dominates, euro jumps as eur/chf takes off

Financial markets are generally leaning towards a risk-on posture, with significant rise in Asia’s Nikkei, following a solid close in the US overnig...

June 13, 2023, 5:14 am

Uk labour market report on the agenda in europe today

The dollar is marginally lower on the day as market moves to start the week has been relatively minor and choppy. Equities are in a good spot though a...

June 13, 2023, 4:49 am

Nasdaq surges. s&p and dow also off to a good start for the week

Coming off a 7 straight weeks of gains, the NASDAQ index was certainly due for a correction, right?Not today. The NASDAQ index sword by 1.53% with a g...

June 12, 2023, 8:09 pm


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