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Week Ahead – As the dollar recovers, spotlight falls on US CPI inflation
video The US dollar staged a meaningful recovery this week aided by Fed Chair Powell’s remarks that the US central bank would likely stick with quarter-point rate cuts, adding that they are not “in a hurry”, as new data have bolstered their confidence in the economy. The currency extended its gains not only because of upbeat data but also due to safe haven flows after Iran launched missile attacks on Israel in retaliation for Israel’s operations against Tehran’s Hezbollah allies in Lebanon. The better-than-expected ADP jobs report and ISM non-manufacturing PMI prompted market participants to scale back ... (full story)
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From @cablefxmacro|Oct 4, 2024|1 commentpost: <=U
*GOOLSBEE: AGREE WITH POWELL THAT RISKS TO INF., LABOR BALANCED post: FED'S GOOLSBEE: BY END OF 2025, I THINK POLICY RATE WILL BE A FAIR BIT LOWER, IF CONDITIONS CONTINUE LIKE THIS. post: FED'S GOOLSBEE: WE WILL HAVE DISCUSSIONS ABOUT WHAT RATE WE NEED TO ULTIMATELY NEED TO SETTLE ON. post: FED'S GOOLSBEE: EXTERNAL SHOCKS HAVE DERAILED MANY A SOFT LANDING IN THE PAST.
From cnbc.com|Oct 4, 2024|2 commentsJapanese Prime Minister Shigeru Ishiba said he has asked ministers to formulate an economic relief package to ease the bite of inflation. “We would need to support people ...
From @PiQSuite|Oct 4, 2024|1 commentpost:
FED'S GOOLSBEE, IN BLOOMBERG TV INTERVIEW, SAYS THIS IS 'SUPERB' JOBS REPORT post: GOOLSBEE: DO NOT WANT TO REACT TOO MUCH TO ONE DATA POINT post: FED'S GOOLSBEE: THE END OF THE PORT STRIKE IS ANOTHER PIECE OF VERY GOOD NEWS FOR THE US ECONOMY. post: FED'S GOOLSBEE: IF WE GET MORE JOB REPORTS LIKE THIS I'LL BE MORE CONFIDENT WE ARE SETTLING IN AT FULL EMPLOYMENT. post: GOOLSBEE: THERE ARE SOME SIGNS INFLATION MIGHT UNDERSHOOT TARGET
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From tickmill.com|Oct 4, 2024Tickmill, a leading multi-asset broker, is proud to introduce the IB Grand Prix, a competition exclusively designed for Introducing Brokers (IBs). This exciting initiative, ...
From tmz.com|Oct 4, 2024|1 commentHere's Flavor Flav raising money for a cause near and dear to his heart in the most flavorful way possible ... selling a custom clock straight off his neck!!! TMZ obtained video ...
From think.ing.com|Oct 4, 2024|3 commentsThe September jobs report is unambiguously strong. US non-farm payrolls rose 254k versus the 150k consensus and there were 72k of upward revisions to the past two months of data ...
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- Posted: Oct 4, 2024 11:10am
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 6,258
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