The week started out in poor fashion for stocks and it’s been a choppy ones but the bulls are winning again. Amazon is leading the …
Category: Forex Short News
Bond market more focused on economic fundamentals right now Bond market is relatively calm right now Fed needs to keep economy on track and allow …
It’s bizarre that Trump is completely politicizing the Fed over the pace of rate cuts. I don’t think there is anyone at the Fed who …
Prior was -2392K Distillate +1681K vs -598K exp Gasoline -3795K vs -1068K exp The gasoline number helps to balance it out a tad but this …
It’s not really surprising that Miran is following Trump’s talking points in his Fed nomination but I would like to see the argument for how …
USD/JPY is at the best levels of the day, up 66 pis to 148.75. The climb is a continuation of the moves that followed today’s …
That sound believable. Miran is also saying that he doesn’t plan to resign from the President’s Council of Economic Advisors but rather take a leave …
Prior was 50.1 Business activity 55.0 vs 53.0 expected Prior business activity 52.6 New orders 56.0 vs 50.3 prior Employment 46.5 vs 46.4 prior Prices …
Prelim was 55.4 Prior was 55.7 Composite 54.6 vs 55.1 prior The absolute number here is a solid one and suggests that the economy is …
Last month’s non-farm payrolls report was such a mess that it’s not a surprise that the market is muddling along sideways today. Moreover, the firing …