Everybody in the US and beyond is talking about the yield curve inversion. At one point yesterday the yield on the 2-year Treasury briefly traded above that of the 10-year. Historically, such an inversion has been an accurate predictor of a recession, typically within two years.Though these inversions in the …

The USD/CAD pair extends its fall for the second straight day; after Monday’s price action printed a weekly high near the 1.2600 mark, the Canadian dollar strengthened on the back of high oil prices, amid a downbeat market mood, courtesy of recent developments in the Eastern Europe front. the USD/CAD …

US equities are modestly lower across the board on Wednesday, as investors take profit following the recent impressive run higher. Waning Russo-Ukraine optimism, robust US data that solidified Fed tightening expectations and yield curve inversions were all cited as worries.The S&P 500 currently trades just above 4600 and on course …

The $9 trillion balance sheet will need to decline significantly, Kansas City Fed president saysKansas City Fed President Esther George Daniel Brenner/BloombergThe Federal Reserve must more swiftly away from its current monetary policy stance that is as easy as it has ever been at a time when inflation is well …

Data released on Wednesday, showed real GDP grew during the fourth quarter an annualized rate of 6.9%, below the 7% of previous estimates. According to analysts at Wells Fargo, the sequential rate of real GDP growth likely has downshifted in the first quarter of 2022, but it appears to have …

Russian President Vladimir Putin and German Chancellor Olaf Scholz held talks on Wednesday, reported Russian state media, and agreed to hold talks between experts on the potential for ruble payments for Russian gas payments.The call comes ahead of a 31 March deadline set by Putin for Gazprom and the Russian …

The US dollar plunged mimicking other safe-haven assets amid renewed hopes for a diplomatic solution to the Russia-Ukraine crisis. Risk appetite surged following news headlines indicating a de-escalation of Russian attacks around Kyiv and Chernihiv, as announced by Russia’s mediator Vladimir Medinsky.Ukraine has suggested a new security guarantee system, with …

While yield curve flattens, US ADP payrolls are expected at 438K in March, NFP at 475K. US yield curve is flattening, tolling the bells and ringing recession alarm amid 50-bps Fed’s rate hike bets next May.Fed Chair Powell believes the labour market is strong enough, recession seems unlikely, but could …

The US dollar index (DXY) has witnessed a serious plunge near 99.40 after its failed attempts of touching the psychological figure of 100.00. Souring market sentiment on obscurity over the progress of the Russia-Ukraine peace talks.Talks were providing a cushion to the strong dollar, but risk sentiment turned active after …

US stocks rose on Tuesday, with the Dow and S&P notching their fourth straight session of gains, on optimism some progress was being made toward a deal to resolve the conflict between Russia and Ukraine.Russia pledged to cut down on military operations around Kyiv and in northern Ukraine, while Ukraine …