Inflation

The NFP on Friday gave the markets a lot to chew over, as the data pointed in opposite directions. What that means is that the market is waiting for more clarity to fully price in what to expect from the Fed's rate decision next week. The…
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SPX 500 retreats as stocks tumble The S&P shed a few points amid concerns about slowing growth within the American economy, with stocks tumble. The market seems to be very jumpy to any incoming data, especially SIM and NFP numbers.…
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The Bank of Canada is out in the forefront when it comes to easing, having already cut in June and July. Economists are unanimous in their agreement that the BOC will cut again at the conclusion of its two day meeting on Wednesday. The…
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The market is universally agreed that there will be a rate cut when the Fed meets next September 17-18th. The debate is centered around how much the Fed will cut, either at this meeting or the next. But that could get shaken up considerably…
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Eurozone CPI: Confirming the Rate Cut? At its last meeting, the ECB kept rates unchanged, but left the door wide open for a potential rate cut when it meets again in September. Since then, data has generally been cooler than expected,…
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The yen seems to have finally stabilized and taken a generally slight strengthening bias, which has left the USDJPY generally trending lower. But there are several major events on Friday that could significantly shake up the yen in…
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XAUUSD gearing up for another record The recent weakness in the US Dollar provides some support for the yellow metal, as shown in the XAUUSD chart. This came after another failure swing at the recent record high as price action fell away…
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Traders in Japan reached an important milestone on Friday: The benchmark Nikkei 225 recovered the entirety of the losses from August 5's "Black Monday". The carry trade situation appears to have stabilized, with institutional investors…
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On the surface, the big data out of the US on Wednesday confirmed US CPI expectations for easing. Inflation was lower, as expected. Yet the market reacted by going in the opposite direction, pricing less easing by the Fed and yields higher.…
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Today's US CPI data release is likely to be the most important for the whole week, in light of what happened to the markets last week. The most recent drop (and so far tepid recovery) was driven primarily around the outlook for the US…
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