Send us Fan Mail Dollar loses steam after Fed members indicate ‘pause’ in rate hikes. US debt ceiling deal passes House, but stocks and gold uninterested. Eurozone inflation data and key US releases coming up next. Risk Warning: Our services involve a significant risk and can result in the loss of your invested capital. *T&Cs apply. Please consider our ... Show More
Oct 13
Dollar gains amid hawkish Fed commentary and rising geopolitical tensions
Send us Fan MailFed’s Hammack sounds hawkish, Middle-East tensions escalate. Oil prices revive inflation fears, but Fed hike steady ahead of US CPI data. RBA leaves door open to additional hikes, BoJ expected to hike gradually. Wall Street trades cautiously as major US banks kick ... Show More
4m 52s
Jul 2025
Fed holds, markets cut odds of future cuts
The FOMC keeps rates steady, but with two dissenting votes. (0:16) Odds of a rate cut in September fall below 50%. (1:33) Stocks sell off and yields rise as Chairman Powell speaks. (1:46)Show NotesQ2 GDP tops forecasts, but underlying growth a worry Episode transcripts seekingalp ... Show More
3m 52s
Dec 2024
BREAKING NEWS: Dow Plunges 1,100 Points: First 10-Day Losing Streak Since 1974
The U.S. central bank reduced its overnight borrowing rate by a quarter point to a target range of 4.25% to 4.5%, as expected.
However, new quarterly forecasts showed several officials penciled in fewer rate cuts for next year than they estimated just a few months ago, and saw in ... Show More
5m 51s