Fed meeting: the hawkish pivot that never was
The Fed’s latest meeting is over, and once more it has left its mark on financial markets. The Fed chair Jerome Powell’s press conference drove...
Market news
The Fed’s latest meeting is over, and once more it has left its mark on financial markets. The Fed chair Jerome Powell’s press conference drove...
Fed holds rates steady as expected, but starts QT tapering from June 1st. Treasury bond reduction will be $25 billion, not $60 billion as previously....
US500 and US100 are paring back yesterday's losses, EURUSD is bouncing back, and gold is trading near yesterday's open, following Powell's...
The market has welcomed the Fed statement, and the S&P 500 is higher in its aftermath, the dollar is lower and Treasury yields are falling. There is...
The economy has made considerable progress toward dual goals. Inflation has eased substantially but remains too high Inflation is still too high and...
Market reaction to the Fed's decision has been muted. The dollar initially ticked lower, while stock indices gained when the Fed announced it would...
Key rate kept unchanged at 5.5% in line with expectations. Fed announced QT tapering. Fed decided to cut treasury runoff cap to $25B (previously...
WTI oil is losing nearly 3% today, testing around $79 per barrel, following the release of a DOE report showing a 7.26 million bbl inventory build, against...
Crude oil inventories: +7.265 mb (expected: -2.3 mb; previously: -6.368 mb) Gasoline inventories: +0.344 mb (expected: -1.02 mb; previously: -0.634...
ISM Manufacturing for April: 49.2 (expected: 50; previously: 50.3) Prices paid: 60.9 (expected: 55.4; previously: 55.8) New orders: 49.1 (expected:...
U.S. index futures trade roughly flat ahead of Fed decision; tech sector sentiment is weak today; US100 loses 0.17% Super Micro Computer's (SMCI.US)...
S&P PMI Manufacturing from US came in 50 vs 49.9 exp. and 49.9 previously Now Wall Street is waiting for more important reading of ISM Manufacturing...
Pfizer reported better-than-expected Q1 2024 results, demonstrating resilience to the decline in COVID-19 vaccine and drug sales. The company raised its...
US April ADP data came in 192k vs 180k exp. and 184k in previously reading US April service-providing jobs were up to 145,000, goods-producing jobs...
The Fed will publish its decision at 7 PM GMT today, chair Powell's press conference will be held at 7:30 PM GMT p.m. No new macroeconomic...
Cocoa futures, have lost more than 27% over the past two sessions, approaching a record two-day low, dating back to 1960. The near 20% rebound from the...
Shares of the Uranium Energy Corp (UEC.US) gain almost 5% in pre-market trading after US senate passed a Russian uranium import ban, sending the bill to...
UK Manufacturing PMI (final) came in 49.1 vs 48.7 expected and 48.7 previously GBP strengthen slightly after higher than expected final PMI reading...
European exchanges remain closed due to holidays Markets await macro data from the US (ADP report, JOLTS, ISM manufacturing) Fed decision and Powell's...
The biggest cryptocurrency extends downward correction today, with prices falling for a moment even $58.000 support zone. US dollar gains and USDIDX hits...