Japan finance minister Kato is couching his comments in terms of “FX’ but we all know he is talking about JPY. Did not discuss with […]
4 reasons the USD rally will falter (#4 is going to be very difficult to recover from)
Analysts at Macquarie say that even if Trump reverses all his tariffs the US dollar is unlikely to fully recover all of its recent losses. […]
S&P closes higher for the eighth consecutive day
The major US indices are closing higher. The S&P index is up for the eighth consecutive day. The NASDAQ index is the biggest gainer for […]
Apple reports earnings after the close. What are investors expecting?
Apple Inc. (AAPL) will announce earnings after the close. Investors are closely monitoring the results amid ongoing U.S.-China trade tensions, potential tariff impacts, and shifting […]
April non-farm payrolls preview by the numbers: Any signs of layoffs?
Consensus estimate +130K Estimate range +25K to +195KMarch was +228K Private consensus +125K versus +209K priorUnemployment rate consensus estimate 4.1519% Prior unrounded unemployment rate 4.1396%Prior […]
Pres. Trump: Anyone who takes oil from Iran cannot do business with the US
Pres. Trump says that anyone who takes oil from Iran cannot do business with the US. Oil has ticked up on the headline but is […]
Atlanta Fed GDPNow Q2 estimate 1.1% versus 2.4% previously
The Q1 GDP was released this week, leading to new estimates for Q2 from the Atlanta Fed GDPNow growth model. In its first estimate yesterday, […]
US dollar continues to run higher alongside stock markets
‘Buy America’ is the theme as the market anticipates some kind of trade deal to be announced later today. That’s led to strong US dollar […]
USD/JPY hits 145.00 fro the first time since April 8
Manufacturers are at the heart of the trade war and today’s ISM survey of the industry gave the market some solace: Orders aren’t collapsing. Combine […]
Hassett on tariffs: I”m sure there will be news by the end of the day
This was an interesting tease from Hassett on tariff deals: If you’d like the person in the middle of all that is Jamieson Greer and […]