Tag Archives: FED

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 USD/CAD pair is flat during the North American session after a volatile Monday’s session, which pushed the pair towards a weekly high at 1.2592, retreating afterward towards the 1.2510 area. At the time of writing, the USD/CAD is trading at 1.2514.The geopolitical situation in Ukraine progressed, lifting the market …

Philadelphia Fed President and FOMC member Patrick Harker said on Tuesday that interest rate hikes are to be “deliberate” and “methodical”. Inflation is “far higher than … we are comfortable with” Harker said, caveating that “there are some signs in the data, and in what we hear from our contacts, …

The S&P 500 rose for a third day on Monday, as a sharp climb in shares of Tesla overshadowed weakness in energy and bank stocks, while Russia and Ukraine were poised to hold their first face-to-face peace talks in more than two weeks.The S&P energy index (.SPNY), off 2.56%, was …

Gold prices fell more than one percent on Monday after the US dollar rose. Treasury yields settled near multi-month highs as investors focused on potential peace talks between Russia and Ukraine dented gold’s safe-haven appeal. Spot gold prices fell 1.2 percent to $1,934.61. US gold futures fell one percent to …

Geopolitics continued to impact the economic outlook throughout the previous week. Christine Lagarde emphasized the punitive measures were designed to target the regime, not the Russian people, while new “fiscal remedies are still needed” to stabilize Europe’s economy.Russia’s invasion of Ukraine on 24 February has fundamentally brought about deep economic …

The US dollar climbed against its most major counterparts in the New York session on Friday, as US treasury yields rose amid growing expectations that the Federal Reserve will tighten monetary policy aggressively to curb high inflation.The benchmark yield on the 10-year treasury note spiked up to 2.462 percent. Yields …

US equities were mixed throughout Friday but eventually closed higher for the week after a streak of up and down days on Wall Street as investors digest the path ahead for the US central bank’s interest rate hikes and a host of new sanctions imposed by Western nations against Russia.The …

The US dollar climbed against its most major counterparts in the New York session on Friday, as US treasury yields rose amid growing expectations that the Federal Reserve will tighten monetary policy aggressively to curb high inflation.The benchmark yield on the 10-year treasury note spiked up to 2.462 percent. Yields …

Gold (XAU/USD) prices have seen indecisive, two-way price action in recent trade, swinging between the mid-$1940s and $1960s. A sharp rally in US yields to fresh multi-year highs to reflect an upping of hawkish Fed bets as market participants reacted to a chorus of major US banks issues hawkish new …