Market Overview

The markets certainly didn't give a ringing endorsement to Trump 2.0 tariffs announced on Friday: 25% each on Canada and Mexico and 10% on China. During his presidential campaign, Trump talked about...

The Fed’s meeting lived up to expectations: boring. Boring is fine. They kept the federal funds rate unchanged at a range of 4.25% to 4.50%. The only market reaction resulted from some heavy-handed...

MON: Chinese New Year (Market Holiday - Mainland Closed, Hong Kong Open), BoJ Summary of Opinions, OPEC+ JMMC Meeting, Chinese Final Caixin Manufacturing PMI (Jan), EZ/UK/US Final Manufacturing PMI...

Dollar continues to be driven by tariff headlines Nonfarm Payrolls to reshape Fed expectations BoE to cut by 25bps; focus to fall on forward guidance Canadian jobs report key for BoC’s next move In...

The standoff between Donald Trump and the US Federal Reserve is intensifying. The Fed kept rates on hold this month, much to the US President's displeasure. Our James Knightley looks at where the...

Gold flirts with $2,800 amid fears of trade war escalation Trump vows tariffs on Mexico and Canada are coming Safety flows, policy divergence drive dollar and yen to weekly gains Apple (NASDAQ:AAPL)...

We got our first estimate of Q4 GDP yesterday morning. Gross Domestic Product adjusted for inflation (or real GDP) came in at $23.5 trillion in Q4. Meanwhile, nominal GDP came in at $29.7 trillion....

Powell says the Fed is not in a hurry to ease as rates are kept on hold. But the ECB to likely follow the BoC and cut rates by 25bps. The dollar drifts sideways as tariff uncertainty clouds...

Gold Drops After the Fed Monetary Policy Meeting The gold (XAU/USD) price declined by 0.2% on Wednesday as the US dollar (USD) and bond yields rose after the Federal Reserve (Fed) held interest rates...

The FOMC did not reduce rates at its meeting Wednesday. It is the first meeting since July that the Fed has not lowered rates. FOMC cites inflation as "somewhat elevated." It is the first meeting...

Central banks pause with the Fed, BoC, and Riksbank walking back easing signals Policy rates remain restrictive, despite large-scale easing Markets still pricing 90bps of ECB cuts in 2025 Any hint...

Robust activity, a solid jobs market and sticky inflation justify the Fed's decision to hold interest rates steady. The hawkish tilt from officials may in part be a message to President Trump that...

After the FOMC meeting, Jerome Powell said “We need real progress on inflation or a weak job market to cut.”   While we see certain commodities flying: coffee, corn, cattle, wheat, soybeans,...

Stocks finished the day lower after the Fed held rates steady and signaled a more patient approach. If you listen to Powell’s talk, the takeaway is that the Fed is in a good place, and it sounds like...