Market Overview

(Thursday market open) The relentless rally took a breather this morning following the Federal Reserve’s “hawkish pause.” Treasury yields rose, putting pressure on the red-hot info...

Imagine you are about to pause a hiking cycle, and in the run-up to the event, you have stock markets pushing higher and animal spirits running loose: what do you do?You still deliver the pause you...

The Federal Reserve left interest rates unchanged in yesterday’s policy announcement, marking the first time the central bank has not lifted rates since the hiking cycle began in March 2022. But...

Markets ended the day flat after Fed's hawkish pause The pause will help Fed assess effects of previous hikes on the economy A couple of hikes remain on the table before the end of 2023 As expected,...

Fed holds rates steady but signals 2 more rate hikes this yearYet investors were not convinced, dollar weakens, stocks jumpECB decision in focus today, BoJ will follow early on FridayFed surprises,...

The Fed left interest rates unchanged as expected, but the median FOMC member now expects two more rate hikes (50bps of tightening) this year. Fed Chairman Powell reiterated that hawkish message in...

US producer prices fell stronger than expected, potentially reinforcing the dovish argument at the Fed. For May, PPI declined by 0.3% m/m, more than the expected 0.1%, and the index gained a modest...

(Wednesday market open) For the first time in well over a year, the Federal Open Market Committee (FOMC) is widely expected to end its meeting today without raising interest rates. Stocks entered a...

The Fed’s rate decision is the most anticipated event of the day and possibly the coming weeks. As usual, the markets have a strong consensus (95%) on what the central bank will do in the short...

Dollar slides as CPI numbers increase Fed skip chancesFed decides today, spotlight to fall on dot plotWall Street extends rally after soft inflation printsUS CPI data enhance the case for a Fed...

A truly devastating jobs report for BoE policymakersIt’s not often that you would refer to a jobs report that delivers a drop in unemployment, record employment, and a rise in wages as horrible,...

Wall Street confident on Fed hawkish skip Headline inflation drops to 4.0% and expected to continue to fall in June US Treasury 10-year yields rises 9.9 basis points to 3.835% A cooling inflation...

Commodities get a boost as China weighs broad stimulus Gold’s Triple Top still holds Dollar tumbles as Fed rate hike odds drop to 9.6% for Wednesday’s meeting OilCrude Oil WTI prices got a...

In the week that the Fed, ECB, and Bank of Japan all meet to discuss policy and particularly interest rates, we look at where they might end up and the potential impacts on the markets.   We...