Sat: China Activity Data (Aug) Mon: N/A Tue: EZ/German ZEW (Sep), US Retail Sales (Aug), Canadian CPI (Aug), US Industrial Production & Manufacturing Output (Aug), Business Inventories (Jul), NAHB Housing…
China retail sales, industrial output, investment data for August 2024 – another round of disappointing results. Retail Sales +2.1% (YoY) (Aug) expected 2.5%, prior 2.7% Industrial Production +4.5% (YoY) (Aug)…
Chair Powell preparing for a BIG cut? To cut, or not to cut 50 basis points. As the Federal Reserve’s September meeting approaches, JP Morgan reiterates its call for a…
The WSJ Timiraos is out with an analysis of the upcoming Fed rate decision. The title of the article says it all with the author calling the decision a dilemma.…
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide…
As inflation in the US ramped and then rolled over, it was typical to get massive market moves on CPI data but as prices have cooled, so has the market…
USD/JPY daily Goldman Sachs expresses caution on holding tactical long positions in the Japanese yen (ie short USD/JPY) in the near term, despite its attractiveness as a hedge against a…
gold monthly China’s central bank didn’t report any gold purchases in August, saying that reserves remain at 72.80 million troy ounces. Reported buying halted in May after many months of…
On Friday, shares of Nvidia fell 4% and chipmakers dragged the Nasdaq to its lowest in the three weeks. One reason for the sell-off was a Goldman Sachs note from…
There is an undercurrent in economic circles right now and it basically boils down to: The Fed should cut 50 bps but it will probably cut 25 bps. Rick Rieder…
