OIL: Crude Steady Ahead of Latest US Inventory Data
2 天之前 · OIL. Crude futures prices are steady after bouncing within a $1/bbl range yesterday as the market assessed geopolitical risks against potential for increased supplies and soft demand growth next year. News of Iran’s pledge not to further enrich weapon’s grade uranium added downside, while a slightly weaker USD was supportive.
GILTS: Holding Lower After CPI, BoE's Ramsden Due Later
2 天之前 · GILTS: Holding Lower After CPI, BoE's Ramsden Due Later. Intraday recoveries in gilts have proved fleeting so far, with futures to fresh session lows at 93.44 in recent trade. Feedthrough from the firmer-than-expected CPI data continues to be felt, while assessment of the future of the Russia-Ukraine conflict has regained greater prominence in ...
MNI US Macro Weekly: Fed Shifts Hawkish As Disinflation Stalls
6 天之前 · MNI (NEW YORK) - Executive SummaryUS “Inflation Week” brought largely in-line results, with sequential core CPI coming in a little lower than expected, and headline CPI and core PPI a little higher than expected. But overall the takeaway was that there was relatively little if any disinflationary pr...
CHINA: Market Views Diverge on Direction for Chinese Assets
2 天之前 · CHINA: Market Views Diverge on Direction for Chinese Assets. Amid the ongoing Financial Leaders' Summit in Hong Kong, the relative investability of Chinese assets has been a firm focus among both the sell- and buy-side following the unrolling of stimulus and US election. Regulators and the central bank have been out in full force with a view to ...
MNI: Higher Productivity, Deficits Boost Rates - Fed's Schmid
3 天之前 · MNI (WASHINGTON) - Faster productivity growth and expanding federal deficits boost interest rates over time, while an aging U.S. population exerts a downward force on borrowing costs, creating uncertainty over where the Federal Reserve should set rates over the longer term, Kansas City Fed President Jeff Schmid said Tuesday.
EMERGING MARKETS: Global News: November 13
2024年11月13日 · EMERGING MARKETS. US (MNI) – Analyst forecasts for October's CPI report show a central expectation that sequential inflation will come in relatively steady compared with September. The MNI consensus for core CPI is 0.30% m/m (median) / 0.29% (mean) unrounded, vs 0.31% prior, while headline is seen at 0.20% m/m (median) / 0.21% (mean), vs 0.18 ...
US OUTLOOK/OPINION: US Macro Weekly: Fed Shifts Hawkish As …
6 天之前 · Our weekly US Macro publication is out (PDF):US “Inflation Week” brought largely in-line results, with sequential core CPI coming in a little lower than expected, and headline CPI and core PPI a little higher than expected.But overall the …
MNI: Fed's Powell Says Can Proceed 'Carefully' With Rate Cuts
2024年11月14日 · Fed Chair Jerome Powell speaks at Dallas Fed event. MNI (WASHINGTON) - Federal Reserve Chair Jerome Powell said Thursday a strong economy means policymakers do not need to be in any rush to lower interest rates toward more neutral levels. "The economy is not sending any signals that we need to be in a hurry to lower rates.
US INFLATION: MNI US CPI Preview: Core Goods Inflation Back In …
2024年11月12日 · We've just published our preview for the October CPI report - PDF here.Analyst forecasts for October's CPI report (out Wednesday) show a central expectation that sequential inflation will come in relatively steady compared with September.The MNI consensus for core CPI is 0.30% M/M (median) / 0.29% (...
US STOCKS: Paring Second Half Losses - Market News
2024年11月12日 · US STOCKS. Stocks are bouncing off second half lows late Tuesday, in-line with position squaring theme ahead key CPI inflation and PPI data the next two sessions. Currently, the DJIA trades down 238.57 points (-0.54%) at 44055.9, S&P E-Minis down 6 points (-0.1%) at 6025.75, Nasdaq up 7.5 points (0%) at 19305.07.