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Bank of japan leaves policy unchanged while ecb delivers more tightening

Market movers today Today, we get the Michigan consumer confidence survey in the US, which includes an inflation expectations component which the Fed ...

June 16, 2023, 7:12 am

Down 20%, this 6% yielding dividend stock thinks it's a screaming buy

Shares of W. P. Carey are down 20% from their peak....

June 16, 2023, 7:08 am

Usd/jpy sticks to dovish boj-inspired gains, remains below ytd peak touched on thursday

USD/JPY catches fresh bids on Friday in reaction to the BoJ’s dovish stance. An uptick in the US bond yields revives the USD demand and lends suppor...

June 16, 2023, 6:44 am

Intraday analysis – eur gains momentum

EURUSD surges towards recent peak The euro soared after the ECB’s eighth consecutive interest rate hi...

June 16, 2023, 6:28 am

Bnp paribas now sees ecb hiking in september as well

In case you missed it:ECB set for summer debate over possible September rate hikeBNP Paribas now sees the terminal rate at 4.00%, up from its previous...

June 16, 2023, 6:22 am

Growth forecasts lower – rba to hike in both july and august

In March, when we last revised our economic forecasts, we expected growth of 1% in 2023 to be followed by a tepid 1.5% in 2024. That was based on an R...

June 16, 2023, 3:16 am

Westpac forecasts the rba terminal rate to 4.6% in august

WPAC had expected a +25bp rate hike in July, which they still expect, but add in:We now expect a further final increase in the cash rate of 0.25% to 4...

June 16, 2023, 2:42 am

Westpac raises australia cash rate peak forecast to 4.6%

Westpac on Friday lifted its forecast for Australia's cash rate peak to 4.6%, tipping quarter-point hik...

June 16, 2023, 2:23 am

Fed's bostic made more transactions during an fomc blackout period

This seems to be a storm in a tea cup. New disclosures reveal that Federal Reserve Bank of Atlanta President Raphael Bostic made multiple trades leadi...

June 15, 2023, 9:13 pm

Morgan stanley on the federal reserve - stick a fork in it

Although on Wednesday the FOMC couched their on-hold decision with a set of hawkish dots:Forexlive Americas FX news wrap: Fed hits the pause button bu...

June 15, 2023, 8:31 pm

Alibaba to bring tmall ecommerce site to europe

Alibaba, the Chinese eCommerce behemoth, is planning to expand its Tmall eCommerce site to Europe, according to Michael Evans, president of Alibaba Gr...

June 15, 2023, 6:51 pm

Enbridge: a 7.14%-yielding core holding with growth prospects

Enbridge Inc. stock has been beaten up a bit over the past year due to energy prices, but that had no significant effect on the company's cash flows. ...

June 15, 2023, 5:12 pm

European equity close: euro gains put pressure on european stocks

A nice rally is underway in the US today but Europe missed out.Stoxx 600 -0.1%German DAX -0.1%French CAC -0.5%UK FTSE 100 +0.4%Italy MIB -0.3%Spain IB...

June 15, 2023, 3:40 pm

Lennar chairman sees basic stability in housing prices

Lennar Executive Chairman Stuart Miller talks about the supply crunch for new homes, the need for more affordable housing and where he sees new home p...

June 15, 2023, 12:52 pm

The us fed has taken a hawkish stance again. new zealand is entering a technical recession

By JustMarkets The Dow Jones Index (US30) decreased by 0.68% at the stock market’s close yesterday, while the S&P 500 Index (US500) added 0.08%. The...

June 15, 2023, 11:48 am

Market reaction to fed’s decision

Yesterday the Fed (as expected) kept the interest rate unchanged (after a series of 10 increases). However, the opinion of market participants that th...

June 15, 2023, 11:32 am

Nvidia: what were you thinking? (or: growth does not justify $400)

Nvidia Corporation clearly outperformed in 2023 and joined the $1 trillion market cap club. And Nvidia issued an impressive guidance for Q2/24 and gro...

June 15, 2023, 11:23 am

Lennar posts 2q earnings beat as demand for affordable housing outstrips supply

Lennar (NYSE:LEN) has reported second-quarter revenue and earnings that beat expectations as the homebuilder benefited from a market where demand is ...

June 15, 2023, 8:30 am

Next up is the ecb

Markets The Fed skipped a rate rise but its updated dot plot signaled that there may be two more to come this year with a first one most likely in Jul...

June 15, 2023, 7:44 am

Markets skeptical despite fed’s hawkish hold; yen plunges; ecb next

Fed clearly delivered a hawkish hold overnight, signaling that two more rate hikes are underway. However, market participants appear skeptical about t...

June 15, 2023, 7:20 am


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