Slowing Core Inflation, Deteriorating Consumer Sentiment, and Split Fed
It’s all about the consumers. After slowing core inflation and sharp deterioration in sentiment, Dollar took a steep dive towards the end of the week. Markets are suddenly less sure about a tapering announcement by Fed in September, not to...
Weekly Economic & Financial Commentary: Some Relief on Inflation, but It’s Still Hot Out There
Summary United States: Some Relief on Inflation, but It’s Still Hot Out There The CPI data this week showed that the sharpest monthly consumer price hikes may be behind us, but inflation is not about to quietly fade away. Ongoing...
The Weekly Bottom Line: Transitory Price Factors Ease
U.S. Highlights U.S. equity market continued to rise this week, while the 10-year Treasury yields took the consumer price index (CPI) inflation reading in stride, closing relatively flat on the week. The CPI report showed signs of moderation in categories...
Week Ahead: Focus on Fed, RBA, and RBNZ through the Dog Days of Summer
We’re finally past the peak of (peak growth?) earnings season, with a record-breaking 87% of companies in the S&P 500 beating analysts’ estimates… From a macroeconomic perspective, the highlight of last week’s trade came exactly in the middle of the...
Week Ahead – Fed Minutes the Highlight
Country US Inflation data this week provided some light relief in the markets, even if it has probably done nothing to influence the Federal Reserve ahead of a significant few months. The economy is strong, the labour market is seeing...