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Markets US bond yields surged after having had the day off on Monday for Veteran’s Day. Net daily changes varied between 8.7 and 13.1 bps across the curve spectrum as President-elect Trump’s reflationary politics continue to reverberate. Expectations for a (much) looser fiscal policy lift those for US growth at a time when CPI inflation […]

The post Greenback Strengthens Once More Against All Major Peers appeared first on Action Forex.

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28/09/2024

U.S. Personal Income and Spending Grow Less Than Expected in August

Personal income grew 0.2% month-on-month (m/m) in August, down from July’s 0.3% gain and below market expectations (0.4%). Accounting for inflation and taxes, real personal disposable income grew a modest 0.1% for a third consecutive month. Personal consumption expenditures grew 0.2% m/m in August. This was lower than the 0.5% recorded in July, and below […]
13/03/2024

US Inflation in No Hurry to Slow, But Markets Don’t Care

US consumer inflation beat expectations for the fourth month in a row. The CPI rose 0.4% m/m. The monthly growth rate has been rising since October. The year-over-year rate climbed to 3.2%, a bit above forecasted 3.1%. Core CPI rose 0.4% m/m for the second month. The annual growth rate slowed to 3.8%, which formally […]
12/10/2024

Markets Weekly Outlook – ECB to Deliver 25 bps Rate Cut? Bank Earnings in Focus

Market expectations for a Federal Reserve rate cut decreased following mixed US data signals. The European Central Bank’s interest rate decision is a key event, with a 25 bps cut highly anticipated. The week ahead features CPI releases from several countries, including China and New Zealand, while US earnings season gathers pace with major banks […]