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...
It seems that the market would have to wait longer than initially anticipated for the first rate cut. The FOMC meeting minutes revealed during the previous week showed that Fed officials are optimistic regarding the outcome of already taken monetary measures, however, they would like to be certain that the inflation is clearly on the road toward the targeted 2%,...
The Minutes from the latest FOMC meeting has been published during the previous week, not exposing much of the data which the market has not already priced. The only issue was related to the statements of several Fed officials that the vote for a first rate cut might be postponed until they see clearly that the inflation is going toward the 2% target. This...
During the previous week the S&P 500 reached its new all time highest values by hitting 5.100. Tech companies were again the ones which were driving equity markets to the higher grounds. NVDA was the most discussed stock during the previous week, as its results show continuously strong performance. As per latest published results for Q4, Nvidia`s revenues were...
During the previous week the FOMC meeting minutes were released from the Fed's latest meeting, revealing both positive and negative topics for market participants. On a positive side was the opinion of FOMC members that monetary measures taken during the previous period are giving the results in the real economy and slowing down the inflation. On a negative side...
BTC was traded relatively flat during the previous week. The market attention is currently switched toward the ETH. The story related to the first BTC ETF is finalized positively, however, a new one is emerging which is related to first ETF ETH, which is currently scheduled to get the first answer from the SEC in May this year. As investors are starting slowly to...
Last week in the news The earnings of the US tech companies were driving the S&P 500 index to new highs, reaching a level of 5.100 during the week. The question about timing of the first Fed's rate cut is still the main occupation of the investors, which is the reason why Treasury benchmark yield of 10Y reached levels above 4.3%. The price of gold and USD...
During the previous period investors had been pretty confident that the Fed might cut interest rates in May, however, the latest published inflation data for January made them rethink expectations. Namely, as January inflation came higher than expected, the reaction of the Treasury yields was imminent one to the upside. This move was additionally supported by the...
The US inflation figures were the main topic on the markets during the previous week. As USD was strengthening a bit after the surprising data on January inflation, so the gold was following its negative correlation with USD, and tried to break the $2K support line. January inflation figures showed the possibility that the inflation might be a bit harder to put...
Since the beginning of this year, US equity markets have been supported by both good economic performance and expectations that the Fed might soon start cutting interest rates. The S&P 500 index was continuously moving within highly overbought momentum. Previous week brought some reality checks, with January inflation figures. It seems that inflation remains...
Inflation figures for the US for January showed a modest increase from anticipated. Inflation rate in January was standing at 3.1% on a yearly basis, a bit higher from 2.9% expected by the market. Core inflation reached 3.9%, above forecasted 3.7%. Core inflation on a monthly basis was 0.4%. Retail sales for January surprised the markets with a drop of -0.8% on a...
Two weeks ago Bitcoin entered into the overbought territory in technical analysis, however, a strong demand during the week pushed the prices of BTC to the higher grounds, instead into a correction path. Bitcoin gained around 10% on a weekly level, supported by both availability of exposure through exchange traded funds, but also relatively negative inflation data...
Last week in the news The US inflation might be more persistent than initially expected by the market, at least per latest US inflation data, however, data on retail sales brings some confidence back. The US Treasuries reacted on the latest data, bringing 10Y yields back to the levels above the 4.2%. S&P 500 ended its first corrective week since the beginning of...