Pride always comes before destruction.... -Proverbs 16:18
-
Bitcoin & Big-Tech Battered, Bonds & Black Gold Bid As Rate-Cut Expectations Soar
A quiet macro day ahead of the coming storm with just soft-survey data hitting. But having said that US Empire Fed Manufacturing exploded higher (smashing expectations by six standard deviations in September, +11.5 vs -4.0 exp, vs -4.7 prior)... chart However, it was the WSJ's Greg Ip that prompted some chaos in markets with his weekend piece pitching 50bps cut this week. The market is now pricing in around 70% odds of a 50bps cut this week... chart We do noted that 2025 rate-cut expectations are drifting lower as 2024 dovishly increases... chart Interestingly, before we dive into the details of market moves ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Sep 16, 2024 9:33pm Sep 16, 2024 9:33pm
-
Expo33 - Joined Aug 2013 | Status: Member | 561 Comments
-
- Older Stories
From financemagnates.com|Sep 16, 2024In ASIC’s most recent Market Integrity Update issued in July 2024, it expressed concerns that some derivative issuers of contracts for difference (CFDs) may be offering ‘margin ...
From bnnbloomberg.ca|Sep 16, 2024The dollar is poised to rally, as traders are overestimating the extent of Federal Reserve rate cuts and underestimating a retail sales report coming on Tuesday, said Skylar ...
From youtube.com/cmegroup|Sep 16, 2024GBP futures gain on Monday ahead of this week’s Bank of England meeting. Todd Colvin has more.
-
- Newer Stories
From channelnewsasia.com|Sep 16, 2024Japan Finance Minister Shunichi Suzuki said on Tuesday the government will continue to analyse the impact of recent currency moves on the Japanese economy and respond ...
From asiatimes.com|Sep 16, 2024The upside-down nature of the global economy may reach new extremes if and when expected Federal Reserve rate cuts fail to weaken the US dollar. Granted, the reasons why the ...
From fxempire.com|Sep 16, 2024Japan’s Tertiary Industry Activity Index will spotlight the USD/JPY pair on Tuesday, September 17. Economists forecast that the Tertiary Industry Activity Index will increase by ...
- Story Stats
- Posted: Sep 16, 2024 9:24pm
- Submitted by:Category: Fundamental AnalysisComments: 1 / Views: 4,031
