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National Bank Of Hungary Preview: Now Is Not The Time To Surprise Markets
Article By:
ING Economics
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Thursday, April 18, 2024 4:58 AM EDT
The reducing local risk premium since the last meeting led us to believe that the pace of cuts could be maintained.
Market Briefing For Thursday, April 18
Article By:
Gene Inger
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Thursday, April 18, 2024 2:38 AM EDT
A heavy tape was interrupted by a modestly soft 'Beige Book', but the latest threats from Iran suppressed that, which implies the Fed has reason to be nervous.
WTI Extends Its Downside Below $82.50 On Crude Inventory Build
Article By:
Lallalit Srijandorn
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Thursday, April 18, 2024 1:30 AM EDT
Western Texas Intermediate (WTI), the US crude oil benchmark, is trading around $82.25 on Thursday. The black gold edges lower on the day due to a rise in US crude inventory and the expectation of delay rate cuts from the Federal Reserve (Fed).
Gold Price Forecast: XAU/USD Rebounds On Market Caution, Aims To Reach $2,400
Article By:
Akhtar Faruqui
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Thursday, April 18, 2024 12:10 AM EDT
Gold price recovers its recent losses, trading around $2,370 per troy ounce during the Asian session on Thursday. The safe-haven yellow metal gains ground as traders exercise caution amidst heightened geopolitical tensions in the Middle East.
EUR/USD Holds Above 1.0650 Amid Renewed Selling Pressure In US Dollar
Article By:
Lallalit Srijandorn
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Wednesday, April 17, 2024 8:50 PM EDT
The EUR/USD pair edges higher to 1.0672 on Thursday during the early Asian session. The recovery of that major pair is bolstered by renewed selling pressure in the US Dollar (USD) and a risk-friendly environment.
The Spear In AI's Back
Article By:
Charles Hugh Smith
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Wednesday, April 17, 2024 6:20 PM EDT
That real harm will result from the use of AI tools is a given.
In this article: BOTZ
The Canadian Federal Budget And Its Impact On Debt Markets
Article By:
Norman Mogil
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Wednesday, April 17, 2024 5:35 PM EDT
Participants in the Canadian debt market do not anticipate any change in Canada’s AAA-rating. Additional supply will not affect yields.
In this article: EWC
Rates Spark: Differing Degrees Of Decoupling
Article By:
ING Economics
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Wednesday, April 17, 2024 4:30 PM EDT
The U.S. narrative is driving rates, but we see differing degrees of decoupling on the European side.
Economists Believe Biden Would Be Better For The Economy
Article By:
Mish Shedlock
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Wednesday, April 17, 2024 3:30 PM EDT
The Wall Street Journal asked 69 economists what they thought about the economy. Let’s check out the results.
U.S. Stocks Retreat Amid Hawkish Federal Reserve Stance And Mixed Corporate Earnings
Article By:
The Private Banker
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Wednesday, April 17, 2024 3:00 PM EDT
Federal Reserve Chairman Jerome Powell's remarks indicating a cautious approach towards interest rate cuts, despite recent data showing persistent high inflation.
In this article: SPY
Feds Increase Capital Gains Inclusion Rate
Article By:
Danielle Park, CFA
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Wednesday, April 17, 2024 9:27 AM EDT
The new Federal Budget released yesterday has significant implications for capital assets held by individuals and corporations. See: Feds raise capital gains inclusion rate to 66.6% starting June 25.
Hey Teacher, Call On Me!
Article By:
Scott Sumner
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Wednesday, April 17, 2024 6:47 AM EDT
Do you recall that student back in middle school, frantically waving his hand trying to get the teacher to call on him? That’s how I feel when I read the following sort of news story:
Powell's Message Rattles Markets
Article By:
LMAX Group
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Wednesday, April 17, 2024 6:29 AM EDT
We’ve seen some profit taking on Dollar longs into Wednesday, but overall, the US Dollar remains well in demand, especially after the Fed Chair came out with his comments on Tuesday.
In this article: UUP
Has The Government Debt Crisis Finally Started?
Video By:
Jeffrey P. Snider
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Wednesday, April 17, 2024 6:00 AM EDT
UST yields are up somewhat sharply since early April, raising questions about why.