How the Coming Fed Hiking Cycle Will Differ – and Why it Matters
With a Fed hiking cycle starting soon, we look at what previous hiking cycles looked like and how the current situation compares. In a coming paper we will look at how markets have fared during previous hiking cycles and what...
RBNZ Policy Decision: Selling the News or a Bullish Surprise?
The Reserve Bank of New Zealand, the current king of the global tightening cycle, is expected to deliver its third rate hike in five months with full certainty when its policy meeting concludes on Wednesday at 01:00 GMT. Despite that,...
AUD/USD Outlook: Aussie Rises to One-Week High on Positive Fundamentals
The Australian dollar remains bid and on track for the third straight weekly gains, underpinned by Australia’s reopening after long period of restrictive measures as the number of Covid cases dropped significantly. News that US and Russia’s top officials, Blinken...
January home sales jump 6.7% despite a record low supply
Sales of existing homes jumped far more than expected, even as supply hit another record low and prices rose significantly.
GBPUSD Tests Upper Boundary of Trading Range
GBPUSD is moving higher over the last 4-hour session remaining well above the short-term simple moving averages (SMAs). The RSI indicator is pointing up near the 70 level, while the MACD oscillator is holding above its trigger line in the...
Gold May Slowdown for a Correction: Elliott Wave Analysis
Gold is coming sharply to the upside as a “safe haven” asset based on the latest US-Russia tensions. Higher inflation is also one of the reasons for higher metals. Technically we see prices are coming up from 1780 in an...
Elliott Wave View: CADJPY Looking for Further Downside
Short Term Elliott Wave View on CADJPY suggests that the rally to 91.7 ended wave (2). Pair has turned lower in wave (3) with internal subdivision as a 5 waves impulse Elliott Wave structure. Down from wave (2), wave (i)...
Stock futures are flat after Dow suffers its worst day of the year
Wall Street suffered a steep sell-off on Wednesday with the Dow falling more than 600 points for its biggest daily drop since the end of November.
Fed’s Bullard says inflation ‘could get out of control,’ so action is needed now
James Bullard Olivia Michael | CNBC NEW YORK — St. Louis Federal Reserve President James Bullard cautioned Thursday that without central bank action on interest rates, inflation could become an even more serious problem. “We’re at more risk now than...