Since the beginning of this year, until last week, the markets were certain that inflation is on the down-path and that the Fed might cut interest rates somewhere in May this year. However, the February inflation data made the markets rethink their initial assumptions. The inflation seems to be more persistent than initially estimated, in which sense, the rate...
The US inflation data were the major input for the markets during the previous week. As inflation showed to be a persistent one, the investors were correcting their previous assumptions related to timing of the first Fed's rate cuts during the course of this year. As USD was gaining in value, the price of gold experienced its corrective moves. The price of gold...
Inflation data published for the US during the previous week are showing that the inflation is a bit more persistent than previously expected, in which sense, the market is anticipating that the Fed might cut rates later during this year. The fear of inflation has pushed the US equities market to the lower grounds as of the end of the previous week. The S&P slowed...
The inflation in the US is a bit persistent, reaching 3.2% on a yearly basis in February, which was modestly above market estimate of 3.1%. Core inflation was also higher from the forecasted 3.7%, by reaching 3.8% on a yearly basis. Producers Price Index in February was increased by 0.6% on a monthly basis, much higher from the market estimate of 0.3%. At the same...
BTC had another volatile week, which ended with a weekly drop in price of around 2%. However, before that, BTC reached a brand new all-time-highest level at $73.4K. It was unclear what actually happened during Friday`s trading session. On one side there was a release of relatively negative data for the US inflation, where investors needed to reconsider their...
Last week in the news Previous week brought back inflation fears on financial markets. The US equities and tech companies ended the week under pressure considering investors fears that the Fed might take a bit more time until the first rate cut, due to persistent inflation. US Treasuries also reacted on the same issue, ending the week one more time higher by 22...
During the previous week the market was pricing released job data in the US. Increasing unemployment rate boosted investors expectations that the Fed's rate cuts are round the corner. Also it has been confirmed through the Fed Chair Powell`s testimony to the Senate, with wording “at some point” during the course of this year. Although, initially, it was expected...
For a longer period of time investors are waiting for a clear signal that the Fed will make their first move on cutting rates, or so-called the pivoting moment. It happened during the previous week at Fed Chair Powell`s testimony to the Senate, where he noted that most probably the rates will be cut “at some point”. As markets are discounting immediately every...
It seems like there is no relaxation for equity markets since the beginning of this year. The S&P 500 reached a new all time highest level on Thursday`s trading session at level of 5.167. This peak was again supported by US tech companies, where NVDA capitalisation was brought up to the levels above $2 trillion. Currently there are an emerging number of analysts...
One of the important events during the previous week was Fed Chair Powell`s testimony in front of the Senate Banking Committee. It revealed Fed`s expectations on cutting interest rates at “some point” during this year. This was important information for the markets, as they received a glimpse of the potential Fed`s moves during the course of this year. This was...
There was another milestone reached for BTC during the previous week. The coin managed to reach its new all time highest value, by touching the level of $70K. The coin reverted a bit after this move, however, it is still ending the week at relatively higher levels, above $68K. Current question is whether BTC might go even higher from its historical levels?...
Last week in the news Another week since the beginning of this year with markets reaching new all time highest values. The US equity markets continue to be driven by tech companies and expectations of the first Fed's rate cut. During the previous week Bitcoin also breached its highest level from November 2021, reaching shortly the level of $70K. Gold continues to...
Based on the moves from Treasury yields during the previous week, it seems that Fed's rate cuts are coming. This is what the market is saying, however, we still need this input from the Fed. At this moment, it is irrelevant whether it will be at March`s FOMC meeting or later within the course of this year, the important thing is that the market is now certain...
Gold made a major breakthrough from the $2K levels to the upside during the previous week. After released PCE data, the markets are now widely expecting Fed's rate cuts during the course of this year, as inflation is evidently slowing down in the US. During the week gold was moving around $2.030 - $2.040 levels, while Friday trading session brought the final break...
Another week, and another ATH in a row. Fundamental data for the US economy posted during the previous week are showing that the inflation is obviously slowing down in the US, which implies that the Fed will most probably cut interest rates during the course of this year. This further boosted market optimism, where all US indexes gained during the week, while the...
The Fed's favorite inflation gauge, the PCE Price Index, reached 2.4% in January, which was in line with the forecast. It shows that the inflation in the US continues to slow down, which supported market optimism that the Fed might cut interest rates during the second half of this year. At the same time, core PCE Price Index was standing at level of 2.8% on a...
Previous week was one that the market had not seen for a long time. However, on the opposite side, it has been awaited. Namely, after the approval of the first BTC ETF, markets had a mild reaction, with only a shy long positioning. Investors were waiting for a clear sign whether the inflation in the US is on a clear down path, which would imply certain moves from...
Last week in the news There have been a lot of developments on financial markets during the previous week. Positive sentiment is still holding among investors. Previous week was the one which marked a higher level for Bitcoin and the crypto market, crossing the $2 trillion market cap. At the same time, easing inflation in the US has pushed yields lower, in...