Authorized and Regulated Entities: SARACEN MARKETS (PTY) LTD

Author name: Analyst

Dollar Slips as Treasuries Steady; Markets Await Economic Data 1

Dollar Slips as Treasuries Steady; Markets Await Economic Data

The US dollar saw a decline against a basket of Group-of-10 currencies, while the yen remained relatively stable around the 150 per dollar mark. Treasuries exhibited steadiness in Asian trading following a sell-off on Wednesday, which pushed the 10-year yield up by five basis points. This surge in yields across the curve followed a $16 billion sale […]

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Fed Meeting Minutes Awaited Amid Dollar Concerns; Gold Eyes Further Upside 3

Fed Meeting Minutes Awaited Amid Dollar Concerns; Gold Eyes Further Upside

Investors are eagerly anticipating the release of the Federal Reserve’s January meeting minutes on Wednesday, seeking additional insights into the central bank’s stance regarding a potential timeline for interest rate cuts. Concerns over a delay or reduction in rate cuts arose following last week’s unexpectedly rapid inflation figures, causing uncertainty among market participants about the

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Gold Price Retreats Below $2,020 Amid Renewed Dollar Strength and Ebbing Rate Cut Expectations 5

Gold Price Retreats Below $2,020 Amid Renewed Dollar Strength and Ebbing Rate Cut Expectations

The price of gold saw a downturn early on Tuesday, slipping below the $2,020 mark after a promising start to the week that saw a three-day recovery rally. This decline comes as the upside potential for gold prices appears to be limited by a resurgence in the US dollar and US Treasury bond yields, with

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Traders Monitor European Inflation, Middle East Conflict Amid Treasuries Decline 7

Traders Monitor European Inflation, Middle East Conflict Amid Treasuries Decline

This week, market participants are closely monitoring European inflation data amidst ongoing geopolitical tensions in the Middle East, where negotiations aimed at securing an Israel-Hamas cease-fire and the release of hostages have stalled. In the US, trading activity for Treasuries was halted due to a holiday, but when markets reopened on Friday, Treasury prices experienced a decline.

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Wall Street Cautious Ahead of Key Inflation Data, Fed's Policy Path 9

Wall Street Cautious Ahead of Key Inflation Data, Fed’s Policy Path

As Wall Street braces for a pivotal inflation reading that could shape the Federal Reserve’s strategy on monetary policy, the mood among investors remains cautiously optimistic. Atlanta Fed President Raphael Bostic’s remarks on Thursday emphasized the robustness of the US labor market and economy, indicating that there’s no urgency to implement interest rate cuts. The recent decline in

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Treasuries Hold Steady in Anticipation of US Inflation Data; Fed President Cautions on Price Pressures 13

Treasuries Hold Steady in Anticipation of US Inflation Data; Fed President Cautions on Price Pressures

As markets await key economic data, insights from Fed officials highlight potential risks to inflation dynamics. In Asia trading, Treasuries maintained stability on Tuesday as investors braced for the release of January’s US consumer price index report later in the day. Expectations are rife that the report will reveal the first year-over-year headline inflation reading below 3%

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Investors Await US Inflation Data Revisions Amid Market Volatility 15

Investors Await US Inflation Data Revisions Amid Market Volatility

Investors are on high alert for the annual revisions to monthly US inflation data, a crucial metric that could impact market sentiment and perceptions about the Federal Reserve’s efforts to control consumer prices. Last year’s adjustments raised questions about the Fed’s effectiveness in curbing inflationary pressures, adding to market uncertainty. Market activity was subdued on

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US Labor Market Data and Fed Speeches in Focus Amid Rate Cut Speculation 17

US Labor Market Data and Fed Speeches in Focus Amid Rate Cut Speculation

Attention will be squarely on the US labor market this Thursday as economists anticipate a slight decline in initial jobless claims for the week ending February 3, from 224,000 to 220,000. Any significant deviation from this forecast could significantly impact expectations regarding a potential interest rate cut by the Federal Reserve in March. Amid tightening

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Dollar Holds Steady After Recent Decline as Fed Officials Echo Policy Caution 19

Dollar Holds Steady After Recent Decline as Fed Officials Echo Policy Caution

The dollar found its footing after a decline on Tuesday, with a chorus of Federal Reserve officials echoing Chair Jerome Powell’s cautious stance on monetary policy, signaling that the central bank won’t rush into easing measures. Fed Bank of Cleveland President Loretta Mester suggested that policymakers may find confidence to consider interest rate cuts “later

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