I have been writing about the k-shaped economy this week but we’re increasingly in a k-shaped stock market. The S&P 500 hit a record this …
Category: Forex Short News
Logan is backing up Schmid. The KC Fed President Schmid loses his vote next year but he’s replaced by Logan, who is equally hawkish. She …
The Miami Herald reports that the US is poised to strike military targets in Venezuela in escalation against Maduro regime. This isn’t a hit on …
The USD is mixed to little changed to start the US trading session. However, given the price action this week, the EURUSD is holding onto …
Prior was +0.2% (revised to +0.3%) Goods-producing industries declined 0.6% in August Services-producing industries edged down 0.1% Flight attendant strike behind a 1.7% decline in …
How have interest rate expectations changed after this week’s events? Italy October preliminary CPI (HICP) +1.3% vs +1.7% y/y expected Eurozone October preliminary CPI +2.1% …
Prior +1.8% Core CPI Y/Y +2.0% vs +2.0% prior Full report here Big downside surprise in the headline inflation data, but the core figure remained …
Prior +2.2% Core CPI Y/Y +2.4% vs +2.3% expected Prior +2.4% Full report here Slight downtick in the headline inflation but the core figure remained …
Markets are currently not expecting a significant change Again, there’s nothing new here. Expect to hear the same stuff over and over again for more …
HICP for 2025 revised up by 0.1% to 2.1%. 2026 and 2027 unchanged at 1.8% and 2.0% respectively Real GDP 1.2% for 2025, 1.1% for …