Dollar Recovers ahead of Job Data, But More Downside Still in Favor
Dollar recovers mildly today, continuing to stabilize from this week’s selloff. The greenback is staying in range established earlier except versus Canadian. There is some optimism on the outcome of US-Mexico negotiations. Or at least, tariffs won’t go up to...
ECB Not Dovish Enough – Low Rate to Stay until Mid-2020 and TLTRO Pricing Revealed.
We believe ECB’s more dovish tone in June is insufficient to stimulate the economy. As expected, ECB extended the timing that the historically- low interest would remain. It also released the pricing of the TLTRO-III. We were slightly disappointed that...
Economists: The Fed ‘isn’t enough’ to offset damage of tariff skirmishes with China and Mexico
Federal Reserve Board Chairman Jerome Powell at a news conference in Washington, DC, Jan. 30, 2019. Saul Loeb | AFP | Getty Images A dovish Federal Reserve can use tools such as rate cuts to lessen the damage of America’s...
Stocks making the biggest moves after hours: Beyond Meat, Zoom Video, DocuSign and more
Check out the companies making headlines after the bell: Shares of Beyond Meat soared 14% in extended trading on Thursday after the plant-based alternative meat company reported its first quarterly report since going public. The company reported revenue of $40.2...
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