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 […]

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.

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

Traders adjusted their expectations for an early Federal Reserve interest-rate cut. The recent US inflation data has effectively ended the global bond rally that commenced in December, fueled by hopes of a dovish shift in Fed policy. Market sentiment shifted as swap traders tempered their anticipation for a Fed rate cut before July, coinciding with the VIX, or

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%

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

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

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

In Asian trading, the 10-year Treasury yield witnessed a decline of three basis points, signaling a modest retreat following a robust surge over the past two days. Monday’s trading session saw a significant uptick in Treasury yields, with rates climbing by 14 basis points, marking the most substantial two-day increase since June 2022. The surge

In a continuation of Friday’s selloff, Treasury yields faced further pressure after Federal Reserve Chair Jerome Powell indicated a likelihood of delaying interest rate cuts until after March. The yield on the US 10-year Treasury note rose approximately five basis points in the Asian session, following a notable 14-basis-point surge on Friday, fueled by robust