The US dollar continues its move to the downside today despite the hotter US CPI and PPI reports this week. Treasury yields are also higher this morning, but the greenback is struggling…
Prior was +0.7% m/m (revised to +0.5%) Export prices +2.2% vs +1.0% expected Prior export prices were +0.6% (revised to +1.2%) Import prices y/y 8.1% vs +7.0% prior It’s been an ugly…
Ethereum extended the losses yesterday following a hot US PPI report but eventually rebounded strongly as dip-buyers stepped in around key technical levels. The macro and geopolitical pictures haven’t improved at all,…
Headlines: Gold shrugs off hot inflation data as market focus may be shifting to growth concerns How have interest rate expectations changed after this week’s events? Chart of the day: 10-year Treasury…
Crude oil extended the gains yesterday into new highs as the lack of positive developments in the Middle East continues to support oil prices. The US-Iran negotiations have stalled over the conditions…
The past few weeks have been rather painful for EUR/USD buyers but it seems like things are finally taking a turn for the better. Ironically, this is all coming after hotter-than-expected US…
Eurozone September final CPI +3.8% vs +3.8% y/y prelim Prior +3.2% Eurozone September final core CPI +2.5% vs +2.5% y/y prelim Prior +2.4% There are no changes to the preliminary estimates, with…
Solana has been under pressure in the past couple of weeks alongside the broader crypto market as deteriorating macro conditions and rising oil prices weighed on risk sentiment. On the fundamental side,…
Dow Jones futures recover, but can bulls overcome 52,612 amid Fed and inflation uncertainty? Dow Jones futures are showing a more constructive technical picture on Friday, October 16, but the economic backdrop…
Yesterday, US PPI came in much higher than expected, but gold’s reaction was similar to what we saw after the US CPI release, that is the price initially spiked lower before recovering…
Seeing as to how the bond market is faring to end the week, you probably wouldn’t have guessed that we actually got hotter-than-expected inflation data from both the US CPI and PPI…
Interest rate expectations are among the most important drivers for financial markets. They influence government bond yields, currencies, equity valuations, and even cryptocurrencies. But how can traders check whether the market expects…
