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Nz cpi downside surprise increases the likelihood that the rbnz could pause on 24th may
There were two inflation data points from New Zealand for Q1 published yesterday. The one everyone is pointing to:New Zealand Q1 CPI 1.2% q/q (vs. 1.7...
April 21, 2023, 12:32 am
Usd/jpy little changed after japanese inflation data - headline & core cpi still elevated
The data is here:CPI excluding Food and Energy is surging (by Japanese standards)As I posted earlier:Bank of Japan Governor Ueda has been repeating th...
April 20, 2023, 11:45 pm
Us federal reserve emergency lending ticked up a little last week
Federal Reserve emergency lending to banks after March's financial sector turmoil ramped up in past weeks. It remains high and the latest data shows i...
April 20, 2023, 10:31 pm
Mkt. sees some chance of rbnz easing cycle beginning late 2023, but not really until 2024
Yesterday we had New Zealand inflation data:New Zealand Q1 CPI 1.2% q/q (vs. 1.7% expected)RBNZ inflation measure for Q1 2023 5.7% y/y (vs. 5.8% previ...
April 20, 2023, 10:06 pm
Ecb's visco: the risk of doing too much is at least as much as risk of doing too little
Eurozone economic demand is still below trendThe headline is an interesting comment and is a hint that the doves might start to push back against what...
April 20, 2023, 2:05 pm
Major currencies still mostly little changed so far today
Dollar pairs aren't hinting at much with only the Swiss franc gaining some decent ground in European morning trade. USD/CHF is down 0.4% to 0.8940 as ...
April 20, 2023, 10:49 am
Meta phased out covid-19 content labels after finding they did little to combat misinformation, oversight board says
Late last year, Facebook-parent Meta quietly phased out certain content labels on its platforms that for much of the pandemic had directed viewers to ...
April 20, 2023, 9:06 am
Union pacific earnings show the u.s. economy is slowing. the railroad stock is up.
Union Pacific reported earnings per share of $2.67 from sales of $6 billion on Thursday. That's a little...
April 20, 2023, 8:52 am
Stocks dribble lower to start the session
S&P 500 futures are now down 26 points, or 0.6%, on the day as we are starting to see some selling in the equities space take hold. Nasdaq futures are...
April 20, 2023, 7:39 am
European equities mostly little changed at the open today
Eurostoxx flatGermany DAX -0.1%France CAC 40 -0.1%UK FTSE -0.1%Spain IBEX +0.4%This follows the more tepid sentiment from Wall Street yesterday as wel...
April 20, 2023, 7:07 am
Bond yields sit lower as we get into european trading
2-year Treasury yields down 5 bps to 4.214%10-year Treasury yields down 4 bps to 3.562%Most of the drop have come in the past hour but with very...
April 20, 2023, 6:55 am
Rbnz inflation measure for q1 2023 5.7% y/y (vs. 5.8% previously) - nzd dips a little more
Reserve Bank of New Zealand's own inflation measure, its "Sectoral factor model".I posted info on what this is here earlier:There is more inflation da...
April 20, 2023, 3:08 am
Recap of fed williams comments - inflation still 'too high,' fed will act to lower it
I posted earlier from NY Federal Reserve head Williams:More from Fed's Williams - Imbalances still exist in labor markets, economic demandWSJ: New Yor...
April 20, 2023, 2:05 am
Forexlive americas fx news wrap 19 apr:the usd falls in us trading but still closes higher
NASDAQ and S&P close little change for the 2nd consecutive dayAUDUSD buyers and sellers start to look f...
April 19, 2023, 9:14 pm
Nasdaq and s&p close little change for the 2nd consecutive day
Yesterday, the broader S&P and NASDAQ index were little changed:S&P rose 3.55 points or +0.09% at 4154....
April 19, 2023, 8:09 pm
Fed’s beige book says u.s. economic activity little changed
The Federal Reserve released its Beige Book report Wednesday afternoon, noting U.S. economic activity was litt...
April 19, 2023, 6:11 pm
Beige book: overall economic activity was little changed in recent weeks
Nine Districts reported either no change or only a slight change in activity this period while three indicated modest growthFull text just released. T...
April 19, 2023, 6:01 pm
5 dogs of the dow: yield, quality, but little momentum
5 Dogs Of The Dow: Yield, Quality, But little Momentum...
April 19, 2023, 5:42 pm
This is as good as it gets; our bias is to fade further pound strength - bofa
Bank of America Global Research discusses GBO outlook and looks to fade rallies over the coming weeks.April seasonality propels GBP TWI to strongest s...
April 19, 2023, 5:30 pm
Billionaire chamath palihapitiya predicts new law showering billions on clean energy to create world's first trillionaire - tesla (nasdaq:tsla), nikola (nasdaq:nkla)
Congress is operating at a level of dysfunction that hasn't been seen since 1923, which makes it all the more striking that the same legislative body ...
April 19, 2023, 1:58 pm