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The Fed is in a difficult, if not impossible, situation of its own doing. It knows that the CPI is b.s. and that the real rate of inflation is 3-4x higher than the CPI fraud. And hence real rates are...
A Tale of Two Cities by Charles Dickens famously begins, ''It was the best of times, it was the worst of times.'' Two weeks ago was the worst week for the stock market so far this year. Last week was...
Nasdaq 100’s bounce faces scrutiny—will the tech rally continue? A break above 19,700 could signal further bullish momentum. The lack of strong bullish catalysts means the index's follow-through...
USD/JPY stabilized a bit yesterday after a temporary drop to a new low below 141.77, just before the US CPI release. After the data came out at 2.5%, the pair stabilized as US yields, highlighted in...
Mixed movements in equities as markets prepare for CPI Strong possibility for a downside surprise in inflation US presidential debate dominates headlines Bitcoin suffers while gold and yen...
US CPI expectations: 2.6% y/y headline inflation, 3.2% y/y “core” inflation As the last major economic release ahead of next week’s Federal Reserve Monetary Policy meeting, the US CPI report may...
Here’s the coming week’s detail on US economic releases, per Briefing.com calendar: The August CPI report is due Wednesday, September 11th, 2024, before the opening bell. Investors are expecting...
Recent lacklustre key US economic growth-related data; ISM Manufacturing PMI & ADP Employment Change reinforced the recent bout of JPY strength. Bearish elements in the JPY crosses Index suggest...
When global stock indices tank, the Japanese yen is usually a big beneficiary of the risk-off trade. The weaker-than-expected JOLTS Job Openings survey is weighing on the US dollar. If 143.50 gives...
USD/JPY drifts back below 147.00 area; tests support trendline Technical picture signals bearish trend continuation USD/JPY was unable to maintain its strength on Tuesday despite briefly surpassing...
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