The S&P 500 finished lower on Wednesday by roughly 25 bps, leading to a slight increase in volume for S&P 500 futures. However, there’s little to glean from this drop yet; a more decisive...
Gold (XAU/USD), a traditional safe haven, jumped 1% yesterday after rebounding off its 20-day moving average on 9 June. It added another 0.5% today, reaching a seven-day high of US$3,370, as...
The week had started on a relatively calm note in currency markets as markets had been bracing for the US CPI release that came out this morning. Last week finished on a broadly positive note as...
Global markets remain driven by softer US inflation data, which has weighed on the US dollar amid rising expectations for a potential Fed rate cut in September. Adding to the dollar’s pressure,...
Well, this was an odd one to sort out. Going into the CPI announcement this morning, the economist consensus was for +0.17% (seasonally adjusted) on headline CPI m/m and +0.28% on core. Market...
The just-released US inflation report for May 2025 shows core CPI only increased by 0.13% MoM.The print was below all (!) the estimates presented by top economists surveyed by Bloomberg.Importantly,...
US Consumer Prices came in notably weaker than expected. Specifically, Core CPI, which was anticipated at +0.3% month-over-month, registered +0.1% month-over-month, bringing the CPI year-over-year...
There are many indicators to monitor for reading the monetary policy tea leaves, each with its own distinctive set of pros and cons. Here’s one more that’s worth pondering: the unemployment...
The US and China eased trade tensions by agreeing on a preliminary plan to carry out the consensus reached in Geneva, according to negotiators. While full details of the deal aren't yet available, US...
On May 20th, Google (NASDAQ:GOOGL) CEO Sundar Pichai updated the public on the company’s progress on its AI development as follows: We are now processing 480 trillion monthly tokens, a nearly 50X...