Fed Officials Rein In Market Rate Expectations, USD/JPY Eases from its 24-Year Highs
Two prominent hawks poured cold water on market bets for 1% rate increase and the pair backs-off today, from Thursday’s twenty-four year highs
Senior Financial Editorial Writer
Nikos Tzabouras is a graduate of the Department of International & European Economic Studies at the Athens University of Economics and Business. With extensive experience in market analysis and a strong foundation in international relations, he brings a unique perspective to financial markets. Nikos emphasizes not only technical analysis but also on fundamentals and the growing influence of geopolitics on financial trends.
As a Senior Financial Editorial Writer, he delivers comprehensive and forward-looking insights across a wide range of asset classes, including equities, commodities, and currencies. His work explores how macroeconomic events, political developments, and global policies impact market dynamics, providing readers with a deeper understanding of both short-term movements and long-term trends.
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Two prominent hawks poured cold water on market bets for 1% rate increase and the pair backs-off today, from Thursday’s twenty-four year highs
Wednesday’s new inflation surge in the US has led to a hawkish repricing by markets for the Fed’s next rate move, but the pair shows resiliency and tries to defend parity
US CPI Inflation hit new four decade high in June, as Wednesday’s data showed, sparking aggressive market expectations for another outsized move on rates by the US central bank
The US airliner continues its recovery from the Covid-19 lockdowns that devastated the industry, returning to profits in the second quarter of the year
USOil finds reprieve after yesterday’s plunge, as the International Energy Agency (IEA) talks of critically low inventories, in today’s latest monthly report
The central bank of New Zealand pressed on the tightening front, with another aggressive 50 basis points hike, but NZD/USD is little changed, as markets brace for another inflation update from the US
The index slides this week, as markets gear up for another Inflation update on Wednesday and the new earnings season which gets underway
The pair extends its decline, as the Dollar’s appeal remains high amidst poor sentiment and favorable monetary policy differential
The German index starts the week with caution, as investors remain jittery due to fears of an economic downturn, with the maintenance shutdown of Nord Stream weighing on sentiment
The governing Liberal Democratic Party is set to expand its majority in the Upper House, after Sunday’s elections, with USD/JPY breaking fresh ground today
The never-ending saga carries on, as Mr Musk notified Twitter that he is terminating the takeover, but the Board of the social media firm is committed to closing the deal
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