The cooling of inflationary pressures in the U.S. is strengthening the case for the Federal Reserve to begin lowering interest rates, allowing policymakers to pivot their attention toward bolstering the labor market. Analysts at Saracen Markets are forecasting a modest 0.2% increase in both the consumer price index (CPI) and the core CPI, which excludes volatile […]

Following last week’s market turbulence, all eyes are now on Wednesday’s U.S. consumer price index (CPI) report, which could determine whether the Federal Reserve has the flexibility to shift its focus back to the labor market. The key question for investors is whether the Fed can aggressively front-load rate cuts to achieve a soft landing for the

All eyes are on this week’s U.S. consumer price index (CPI) report, which could provide the Federal Reserve with the crucial data needed to justify an interest rate cut at its next meeting in September. Market participants are eagerly anticipating the release, hoping it will offer the Fed the ammunition to shift its monetary policy stance

U.S. equity futures remained flat on Friday, while the dollar weakened and Treasury yields dipped after a three-day climb. A renewed strength in the yen is now posing a challenge to the full recovery of risk appetite, which had been shaken by last week’s global market meltdown. This comes on the heels of a more optimistic U.S. jobless claims report,

Global markets are recalibrating amid uncertainty over central bank rate paths following a tumultuous week marked by policy decisions that have left investors on edge. The dollar weakened against major currencies, including the yen. A Thursday summary of opinions from the Bank of Japan’s recent meeting, where rates were raised, revealed divergent views among members—one pinpointing the

Global markets surged while the yen tumbled more than 2% against the dollar after Bank of Japan Deputy Governor Shinichi Uchida pledged not to raise interest rates amid unstable markets. Uchida’s dovish stance came in response to significant financial market volatility in Japan, reassuring investors that the BoJ would maintain its accommodative monetary policy. In the U.S.,

Global markets experienced a sharp rebound today following an intense three-day selloff driven by speculation about an imminent US recession, the unwinding of artificial intelligence euphoria, and a surging yen causing a reversal of carry trades. The market reaction on Monday was extreme, with U.S. Treasury yields dropping to as low as 3.67% before being pushed

A global stocks selloff deepened on Monday as mounting concerns grew that the Federal Reserve might be lagging in providing adequate policy support for a slowing US economy, prompting investors to seek refuge in bonds. Friday’s data revealed that US nonfarm payrolls recorded one of the weakest figures since the pandemic, while the unemployment rate unexpectedly climbed

US Treasuries extended their rally, with the policy-sensitive two-year yields hitting a 14-month low, as market expectations for Federal Reserve rate cuts intensified following Wednesday’s decision. Swaps traders now anticipate three rate cuts this year, up from two previously. The broader risk-off sentiment was driven by data revealing that US weekly unemployment claims reached a near one-year

US equity futures surged on Thursday following the Federal Reserve’s indication of a potential rate cut in September. This development comes as the Bank of Japan (BOJ) Governor Kazuo Ueda announced the possibility of further rate increases, contingent on the central bank’s inflation forecasts. The yen hit 148.51 against the dollar, its highest level since