Rohaan
He liked
Fed's Kashkari: I am cautious about monetary policy, can't rule out another hike
Minneapolis Federal Reserve (Fed) President Neel Kashkari added his voice to the procession of Fed officials giving their views on the US inflation outlook and the Fed's policy stance on Friday. Minneapolis Fed President Kashkari responded to questions during an interview with CNBC. Key highlights I
He liked
US Dollar trades mildly positive as markets stay cautious ahead of upcoming CPI data
Notable monetary divergence between Fed, G10 peers keeps USD afloat. Markets await further economic reports for insights into the US economy's health for potential adjustments to Fed expectations. Next week’s highlight will be April’s US CPI. The US Dollar Index (DXY) is currently trading around the
He liked
He liked
He liked
When will the BoE cut?
Stocks on this side of the Atlantic Ocean are better bid these days than their American peers thanks to a combination of too-lofty valuations in the US, good corporate earnings from European companies and the expectation of looser monetary policies in Europe and the UK sooner than in the US. Plus, t
He liked
GBP/JPY stuck below 194.00 as markets look ahead to BoE
GBP/JPY floundered after a late start to the week’s UK markets. UK Retail Sales disappoint, crimping bullish GBP momentum. BoE, UK GDP still on the cards this week. GBP/JPY flubbed a bullish run at the 194.00 handle, floundering in recent technical congestion as the pair struggles to develop momentu
He liked
He liked
He liked
He liked
He liked
He liked
He liked
Immigrant workers are helping boost the U.S. labor market
The strong jobs market has been bolstered post-pandemic by strength in the immigrant workforce in America. And as Americans age out of the labor force and birth rates remain low, economists and the Federal Reserve are touting the importance of immigrant workers for overall future economic growth. Im
He liked
Overbought Hang Seng Has Positive Lead Again
The Hong Kong stock market has moved higher in eight straight sessions, gathering more than 2,000 points or 11.8 percent along the way. The Hang Seng Index now sits just above the 18,200-point plateau and it's nonetheless tipped to open higher again on Friday. The global forecast for the Asian marke
Pull-up Update