Traders were expected to see a greater upside surprise but the CPI came in only a fraction higher than analyst estimation (8.5% vs. 8.4% expected). USD seesawed a bit but…Olvass tovább

Risk aversion continues as yields pushed the US stock indices lower. The biggest casualty was the tech-heavy Nasdaq which suffers the most from the rising cost of financing. Markets are…Olvass tovább

EURUSD is up on the news that the far-right failed to win the first round of French elections. Macron winning the first round is clearly important for investors who want…Olvass tovább

Fed’s Bullard said yesterday he’d like to see the interest rate at 3.5% in order to fight the high inflation. In the last FOMC meeting Bullard was the only one…Olvass tovább

According to the FOMC Minutes several members thought that a 0.5% rate hike would be appropriate. The minutes also showed the central bank was prepared to taper by $60B of…Olvass tovább

Treasury yields moved to highs not seen since April 2019 and stocks sold off after Fed’s Brainard said that she expected interest rate rises and a rapid balance sheet reduction…Olvass tovább

RBA kept the cash rate unchanged at a record low of 0.1% but the central bank changed its tune and dropped a pledge to be “patient” on tightening the monetary…Olvass tovább

European shares have been under pressure as western countries are considering tougher sanctions against the Russian Federation. According to Reuters Germany’s defence minister said the European Union must discuss banning…Olvass tovább

The USD bounced higher as the Fed’s Powell is getting more hawkish. This has sent US yields sharply higher and supported the greenback. Powell said that inflation is too high…Olvass tovább

USOIL rallied over 9% since I alerted my readers on long trade opportunities in this market last week. European Union considers joining the US in a Russian oil embargo which…Olvass tovább