The Fed faces a dilemma at the 31 Jan to 1 Feb FOMC meeting. On one side, inflation data came in softer than expected, and activity indicators showed slowing momentum over the past month. On the...
Based on the initial market action of 2023, it appears that investors continue staying with the big tech firms, placing some bets on value stocks, while feasting on bonds of all kinds to capture...
2022 has marked the end of an era of cheap money, and that’s bad news for companies with a ‘growth at all costs’ approach. In the year ahead, investors will need to exercise due diligence in...
The dollar weakened further after a broad measure of November US inflation slowed while durables orders fell more than expected. Its fate in 2023 will very depend on the US inflation outlook and...
It has been more of the same for the US dollar in 2022, with supportive forces dominating most of the year and little reason to go against it, given the highly uncertain macroeconomic. Moving into...
If the Fed raises the federal funds rate by 50 bps this week and guides toward a terminal rate above 5%, dollar may rebound again especially if Powell’s tone become more hawkish than expected.
Job growth was better than expected in October despite Federal Reserve’s interest rate increases aimed at slowing a relatively strong labour market.
The current uptrend in global stocks may last weeks to months as new risks have become more visible.
So far this year, FOMC committee members have been remarkably united in setting monetary policy. The November minutes will likely reveal a consensus among policymakers that the Fed needs to slow rate...
Technology stocks last week staged their biggest comeback since the global financial crisis. Some investors still are not sold on the sector
