Federal Reserve (FED)

The consensus of expectations is that July will show that inflation has peaked, by coming in a little bit lower than in June. The rate is still quite high, but the Fed projects rates will return to normal by the end of the year. For that…
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Usually, after companies report their corporate earnings, traders want to see the market moving higher. However, last week, after a host of corporate earnings came out, the stock market performance in the US was highly disappointing.…
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The Fed's policy meeting that will end tomorrow is posing a problem for analysts. The FOMC has to make a decision about when to start winding down the extraordinary stimulus due to the pandemic. This is the frequently mentioned "taper".…
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Yesterday, the US' second-largest homebuilder, D.R. Horton, announced their quarterly results. These gave some interesting insights into the problems the housing sector is facing. The current situation gives more reason to suspect the…
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In his closely watched testimony before the House of Representatives yesterday, Fed Chairman Powell stuck to the script about where monetary policy is going. This might take on a new dimension in light of tomorrow's data. Moreover, a…
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Coming up we have some data that could underscore how different the post-covid recovery has been across the world. There is a gap in the economic situation among various countries, which is an excellent opportunity to look for potential…
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USOIL tanks amid OPEC+ deadlock Oil markets took a hit after OPEC+ supply talks fell apart. The cartel is now between a rock and a hard place. On the one hand, the Saudis cannot afford to grant a higher quota to the UAE as it may…
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At their last meeting, the Fed announced that they would raise their repo rate from 0 to 0.05% annual. They said this was a technical adjustment, which went in line with also raising the interest on excess reserves by a similar amount.…
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