Central Banks BNP has flipped its S&P 500 forecast to end 2023 at 4150, from 3400 previously Bloomberg with the info from an interview with BNP’s head of US equity and derivative strategy. He was previously forecasting a big drop by year-end …
Central Banks UBS says the global economic story is very clear – disinflation pressures being kept alive Posted onSeptember 7, 2023 You’ll hear constant worry from folks about how uncertain the economic outlook is. Isn’t it always? Or, at least, it should be. The real time …
Central Banks HSBC like even more upside for the USD into 2024 – 4 reasons for a higher dollar Posted onSeptember 7, 2023 HSBC has revised its view on the USD, predicting more upside for the greenback going into 2024. Previously, the bank had forecasted a winding down …
Central Banks Fed’s Goolsbee says inflation is above where we want it, monetary policy is working Posted onSeptember 7, 2023 Federal Reserve Bank of Chicago President Austan Goolsbee speaking in a radio interview. Headlines via Reuters: It’s possible we can get on ‘golden path’ Monetary …
Central Banks JP Morgan forecasts USD/JPY to as high as 155 before meaningful BOJ FX intervention Posted onSeptember 7, 2023 JP Morgan Asian market analyst says that the potential high for USD/JPY in 2023 is around ¥152, and in 2024 to ¥155 . Citing familiar …
Central Banks Fed’s Williams: Labor market balances are evening out Posted onSeptember 7, 2023 There’s still more data to come before next FOMC meeting Inflation is far too high but moving down Policy is in a good place, is …
Central Banks Macklem Q&A: Maybe we don’t need to do more, maybe we do’ on interest rates Posted onSeptember 7, 2023 We will take decisions meeting by meeting This article was written by Adam Button at www.forexlive.com. Source
Central Banks BOC’s Macklem: We are concerned that progress in bringing down inflation has slowed Posted onSeptember 7, 2023 We are prepared to raise rates again but don’t want to raise rates than we have to The longer we wait, the harder it is …
Technical Analysis DIS stock is now perilously close to the COVID low. What’s next for Disney? Posted onSeptember 7, 2023 Shares of Disney are down another 1.5% today and are now perilously close to the COVID intraday low of $79.07, set on March 17, 2020 …
Central Banks No comments from Harker on the economic outlook Posted onSeptember 7, 2023 Given the topic of the speech, it’s no surprise that he didn’t talk about monetary policy. At Jackson Hole he advocated for halting rate hikes …
Technical Analysis EURUSD Technical Analysis – New lows in sight Posted onSeptember 7, 2023 US: The Fed hiked by 25 bps as expected and kept everything unchanged at the last meeting. Fed Chair Powell reaffirmed their data dependency and …