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Are US Equities At Risk For Bearish Reversal?
US economic data continues to come in on the stronger side and market rate odds for a June cut at the Fed have dipped below 60%, which is the lowest June odds print for the year.
Thinner Trading Conditions Expected On Good Friday
Trading conditions on this Friday will be thinner on account of many market participants being off the desks for the Good Friday holiday.
Reconciling The Disconnect Between The Dollar And Stocks
As we come into the end of the week, the US Dollar is finding its way back, all while US equities track at record highs.
Fed Keeps The Party Going
The market got what it wanted from the Fed on Wednesday. The dot plot held to 3 rate cuts in 2024 and Chair Powell then went on to downplay the recent inflation uptick.
Market Activity Picking Up As Major Event Risk Nears
Activity is expected to pick up on Wednesday as we inch closer towards today’s highly anticipated Fed policy decision.
BOJ And RBA Decisions Trigger Yen And Aussie Selling
Already on Tuesday, we’ve had two central bank decisions, both of which inspired dovish reactions.
Lots Of Tension Ahead Of This Week's Fed Decision
There might be a lot more pressure on the Fed to be looking to scale back its rate cut outlook at this week’s meeting.
Is It Just Too Much To Ignore?
Earlier this week, US CPI data came out hotter than expected, which should have had the market a little more worried about less investor friendly tweaks to Fed policy next week.
Investors Keep Downplaying US Inflation Data
The market is doing its very best to try and ignore this week’s hotter US inflation data.
Risk Assets Continue To Hold Up Well Into The Mid-Week
We're still surprised to see such a subdued market reaction to yesterday's hotter-than-expected US inflation data.
Investors Keep Turning A Blind Eye
Rates markets haven't budged all that much and investors continue to turn a blind eye to any signs the Fed might need to be less accommodative than what is being priced.
US CPI Stands Out On Tuesday Calendar
It seems market participants are waiting for some more bite that we’re getting in today’s economic calendar.
Traders Position Ahead Of Tuesday's US CPI
We haven’t seen all that much going on, at least in traditional markets on this Monday thus far.
Yield Differentials And Policy Divergence
Market odds for an earlier Fed rate cut have inched back up after Friday’s US unemployment rate rose.
Market Celebrating Fed Chair Testimony
We’re back to seeing broad based US Dollar outflows and record high US equities after a round of Fed Chair testimony in which Jerome Powell was celebrated by markets for embracing the rate cut outlook.
Investors Pleased With Fed Chair Testimony
Fed Chair Powell stuck with his bias for a rate cut outlook in his Wednesday testimony, which helped to prop up the stock market and inspire currency demand against the Buck.
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