Tag Archives: interest rate hikes

This Friday’s NFP report for August comes one week after remarks by Fed’s Jerome Powell, in his speech before Jackson Hole symposium, opening the door for important questions, including but not limited to: how much the jobs data will convince Fed’s policymakers of a certain QT course.NFP data has usually …

As August comes to an end, and markets get prepared for September, historically the worst month for some financial assets, the US dollar is under some pressure at month end and ahead of the critical US Non Farm Payrolls data, but globally speaking, the focus is still on the expectations …

The GBP/USD pair is bleeding on Wednesday following a brief recovery versus the stronger dollar. At the time of writing, GBP/USD is trading at 1.1609 and is recording a 0.4% loss on the day.The sterling pierced the psychological 1.16 round level and faces its worst month since late 2016 against …

Job openings have topped 11.2 million in July. That total also was nearly double the total pool of available workers, which stood at 5.67 million for the month. Available positions totaled 11.24 million for the month, in excess of the 10.3 million estimates, according to the Job Openings and Labour …

Despite the US dollar’s strength, on Tuesday, the EUR/USD pair advances underpinned by ECB’s Governing Council members expressing the need for a 75 bps rate hike in September. US Consumer Confidence surprisingly surged, while job vacancies topped expectations.The ECB speakers were led by ECB Knot, who said he’s leaning towards …

Stocks fell for a third day on Tuesday, jeopardizing a summer comeback rally, as the Federal Reserve and other global central bankers continued to send hawkish signals to fight inflation despite the negative consequences for economic growth or the impact on corporate earnings. The S&P 500 fell 1.1% to 3,986.16, …

In response to the market’s reaction to last week’s Jackson Hole, Minneapolis Federal Reserve Bank President Neel Kashkari said, on Monday, that people now understand how serious policymakers are about getting inflation back to 2%.The dollar has touched a fresh 20-year high to start the week fueled by hawkish comments …

US stock indexes hit fresh one-month lows on Monday, adding to a sharp selloff last week as investors worried about the Fed’s plan to keep raising interest rates in its fight against inflation even if the cost is an economic slowdown.At 11:43 a.m. ET, the Dow Jones Industrial Average (.DJI) …

Gold prices fell on Monday to their lowest level in a month, after the continued tightening of monetary policy to reduce inflation led to the decline in the attractiveness of the non-yielding precious metal and the rise of the dollar. And gold fell in spot transactions 0.9 percent to $ …

Crude oil was the winner of the week on signs of improving fuel demand, so oil surpassed the performance of all other assets, although some market expectations actually occurred during the past week and some other expectations did not.Energy PricesAfter starting the week near the previous week’s lows, oil attempted …