Market Watch

Thu April 25, 2024
Today’s U.S. economic data encapsulates the Fed’s plight with resurgent inflation now clearly undermining the U.S. economy. First quarter GDP was 1.6%, below both [...]
Wed April 24, 2024
U.S. Durable Goods Orders for March were +2.6%, above the 2.5% estimate. And Durable Goods excluding transportation were +0.2%, matching the survey estimate. Today’s [...]
Tue April 23, 2024
The U.S. Dollar Index has traded within a 105.75/106.50 range since closing above 106.00 on April 12th. During April the dollar index had appreciated [...]
Thu April 18, 2024
Currency markets were quiet in overnight trading with a gain of 0.09% vs. EUR and 0.25% loss vs. SEK defining the dollar’s high-low ranges [...]
Wed April 17, 2024
In a speech yesterday to a policy forum, Federal Reserve Chairman Powell addressed the Fed’s rate policy in light of recent economic data: ‘More [...]
Tue April 16, 2024
The dollar is higher for the 5th consecutive day as traders continue to rebalance positions and bring exposures into alignment with shifting Fed rate [...]
Thu April 11, 2024
U.S. March Producer Prices were +2.1% Y/Y vs. +2.2% est. Core Producer Prices were +2.4% Y/Y, +2.3% est. There was little market reaction to [...]
Wed April 10, 2024
March CPI data was reported above expectations in all categories. CPI M/M: +0.4% (+0.3% est. ; +0.4% prior month) CPI Ex Food and Energy: +0.4% [...]