The US dollar continued its upward trajectory, bolstered by safe-haven flows as geopolitical tensions between Ukraine and Russia show no signs of abating. Both sides appear to be maneuvering for political leverage, with the potential for negotiations under the Trump administration adding another layer of complexity. Federal Reserve Bank of Chicago President Austan Goolsbee struck […]

Investor attention has shifted sharply toward upcoming economic and geopolitical catalysts, with options trading indicating that these events may eclipse the Federal Reserve’s December meeting in market significance. The dollar index held steady after a three-day decline, suggesting that the post-election rally driven by President-elect Donald Trump’s anticipated policies has lost momentum. In a key

The dollar edged lower for a third consecutive session, with the once-dominant “Trump trade” that had propelled the greenback and lifted US Treasury yields losing traction. Market attention now turns to the Trump administration’s economic team, as reports suggest Kevin Warsh, a former Federal Reserve governor, is being considered for Treasury Secretary alongside hedge fund

Global markets are set for a pivotal week as inflation readings from the UK and Eurozone take center stage, offering critical clues on the monetary policy trajectory for the Bank of England (BOE) and the European Central Bank (ECB). With a roster of policymakers from both institutions scheduled to speak, investors are primed for fresh

Federal Reserve Chair Jerome Powell emphasized the central bank’s cautious stance on interest rate cuts, indicating it won’t rush into easing despite ongoing market speculation. This reassurance provided some relief to emerging market assets, which had faced sell-offs throughout the week amid the uncertainty surrounding President-elect Donald Trump’s cabinet selections and China’s economic recovery trajectory. While a December

As traders await the latest US Producer Price Index (PPI) data scheduled for release later Thursday, attention is on October’s headline and core producer prices, anticipated to show year-over-year growth. This report could offer fresh insight into the pace of inflation at the wholesale level, providing further clues on the Federal Reserve’s inflation trajectory. Meanwhile, the yen has

As markets adjust to the policy agenda outlined by US President-elect Donald Trump, traders are adopting a cautious stance, bracing for the inflationary pressures that could emerge from his planned tariffs and recent key administration nominations. The Dollar Spot Index held steady in advance of Wednesday’s US consumer price inflation report, as market participants focus

Treasury markets opened in Asia with a renewed upswing, pushing the yield on the 10-year note up by three basis points to 4.34%, marking a fresh move in US government bonds following the Monday holiday. This uptick in yields coincided with further gains for the Dollar Spot Index, which climbed an additional 0.2% after reaching a

This week, global financial markets are set to navigate a dense agenda of pivotal economic data and policy updates, including Australia’s labor market figures, China’s retail sales and industrial production, inflation data from the US and Eurozone, and growth metrics from both the UK and Japan. As the trading community dissects these indicators, insights from a

Federal Reserve Chair Jerome Powell underscored the resilience of the U.S. economy, stating that while he remains noncommittal on a December rate cut, he sees no imminent election-driven shift in policy. Powell further emphasized that he wouldn’t consider stepping aside if pressured by President Trump, signaling his firm commitment to the Fed’s independence. In remarks aimed