Fed chair candidate David Zervos speaking on CNBC said that Fed policy is to restrictive. Zervos is the chief market strategist at Jefferies LLC. There […]
US MBA mortgage applications w.e. 15 August -1.4% vs +10.9% prior
Market index 277.1 vs 281.1 priorPurchase index 160.3 vs 160.2 priorRefinance index 926.1 vs 956.2 prior30-year mortgage rate 6.68% vs 6.67% prior This is never […]
Nasdaq Technical Analysis – Another dip-buying opportunity?
Fundamental Overview The Nasdaq had a good performance at the start of last week following the US CPI report as the data came mostly in […]
The summer lull drags on in Europe as we continue to wait on key risk events this week
Market players are waiting for some kind of catalyst but they’re not being left with much in the first half of this week. The big […]
ECB’s Lagarde: Trade deals haven’t eliminated uncertainty
Euro-Area economy proved resilient earlier this year.Slowdown in Euro-Area growth already evident in Q2.Growth is expected to slow in the third quarter. These are just […]
European stocks get caught in the mud as markets hold caution for now
Eurostoxx -0.6%Germany DAX -0.8%France CAC 40 -0.5%UK FTSE -0.2%Spain IBEX -0.4%Italy FTSE MIB -0.4% This eats away at the gains from yesterday as investors are […]
Eurostoxx futures -0.5% in early European trading
German DAX futures -0.6%French CAC 40 futures -0.3%UK FTSE futures -0.1% This comes as US futures are also looking rather sluggish, with S&P 500 futures […]
FX option expiries for 20 August 10am New York cut
There are a couple to take note of on the day, as highlighted in bold below. The first ones are for EUR/USD at the 1.1600 […]
US Treasury secretary Bessent backs cryptos to bolster demand for Treasuries – report
The sources note that Bessent had signaled that he expects stablecoins to eventually become an important source of demand for US government bonds in the […]
RBNZ’s Hawkesby signals more cuts ahead, data-dependent pace
RBNZ Governor Hawkesby said the next two meetings are live, with no decisions yet made. He said the OCR projection troughs around 2.5%, consistent with […]