Both sides should manage differences in a manner of mutual respectBoth sides should continue to move forward on a stable, healthy and sustainable path, rather […]
Fed’s Mester: Still expects the Fed can cut rates later this year but not at next meetingFed’s Mester: Still expects the Fed can cut rates later this year but not at next meeting
Cleveland Fed President Loretta Mester on the economic outlook: Doesn’t see case to cut at the next Fed meetingFed policy in a good place to […]
Fed’s Bowman limits comments to bank regulation. Williams and Mester to comeFed’s Bowman limits comments to bank regulation. Williams and Mester to come
The Fed’s Bowman is a hawk so there was a risk of her leaning into today’s bond move but she limited her comments to banking […]
USDCAD moves up and down with a modest bullish bias technicallyUSDCAD moves up and down with a modest bullish bias technically
The USDCAD traders are jockeying for control. Technically, the buyers are modestly in the lead as the price is above its 50% midpoint of the […]
Gold climbs above $2275 in fresh record high. What’s nextGold climbs above $2275 in fresh record high. What’s next
Gold is shining brightly today even as US Treasuries break to the highest yields of the year. It’s an impressive rally that is fighting its […]
New Zealand GDT price index +2.8%New Zealand GDT price index +2.8%
GlobalDairyTrade index +2.8%Whole milk powder +3.4% This is a nice rebound after two soft auctions. NZD/USD is up 10 pips today, which is impressive given […]
China’s Xi holds phone talks with US President BidenChina’s Xi holds phone talks with US President Biden
Look who is calling. Chinese State media reports that the Presidents spoke. We’ll see if anything comes of it. This article was written by Adam […]
US stock futures point to sharp declinesUS stock futures point to sharp declines
S&P 500 futures are down 0.85% and Nasdaq futures down 1.1% ahead of the open. Eyes are on the 7% decline in Tesla shares after […]
The USDCHF is rotating lower as the USD falls with stocks in early US tradingThe USDCHF is rotating lower as the USD falls with stocks in early US trading
As the US stock market opens sharply lower, there have been a move out of the US dollar. The USDCHF is coming off a new […]
US stock trading sharply lowerUS stock trading sharply lower
Major US indices are sharply lower to start the trading day. News from Medicare about increased prices kickstart it the downside in the Dow. Later […]