TrategySherpa

TrategySherpa

Regulatory pronouncements by central banks in emerging Asia, excluding China, are also weighing on their bonds. Meanwhile, Latin American bonds benefited as central banks continued to ease monetary policy. Sanjay Mathur, economist at Australia New Zealand Banking Group, said: "Asia bond yields will move in line with government bonds, but we expect banks to move...

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At the end of the trading session, the US Dollar slid sharply, the US Dollar Index (DXY) compared to a basket of global currencies, fell to 104 points amid lower-than-expected CPI and hopes that The Fed finished raising interest rates, which was fueled by weak inflation reports. The yield on 10-year US Treasury bonds fell sharply to nearly 4.48%. The US Bureau...

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Gold stabilized below its one-week high in mid-week trading. Gold was under pressure this morning as the U.S. dollar index rose 0.4% and 10-year Treasury yields recovered on new reports that retail sales rose significantly in September. Meanwhile, rising expectations that the US Federal Reserve has ended its monetary tightening cycle are weighing on gold...

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The world market gold price continued to increase sharply when the US announced the consumer price index (CPI) showing that the annual inflation rate decreased from 3.7% to 3.2%, lower than the forecast of 3.3%. %. The core CPI rate (core inflation after deducting energy and food prices) also cooled from 4.1% to 4% - marking the lowest level since September 2021...

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Gold prices continued to rise today as investors await this week's US inflation data to assess the US Federal Reserve's interest rate roadmap. The consumer price index is expected to rise 3.3% year-on-year, compared with the 3.7% increase reported in September. Core CPI is expected to rise 4.1%, unchanged from September. Bob Haberkorn, senior market...

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The dollar fell further in European trading on Monday as traders remained cautious ahead of the release of key US inflation data that could provide further information on US policy. Future Federal Reserve System. The dollar fell as traders awaited the release of October U.S. consumer price data for an update on the progress of the Fed's efforts to bring...

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"The Federal Open Market Committee (FOMC) strives to reach a policy position that is tight enough to bring inflation back to 2% in the near term. We are not confident in saying that we have reached that state," he shared at an event organized by the International Monetary Fund (IMF) in Washington (USA). The above comments were made when inflation was still higher...

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Ellen Zentner, chief U.S. market economist at Morgan Stanley, said the Fed will begin cutting interest rates in June 2024, then in September, and by 25 basis points in every meeting after the fourth quarter. will include a rate cut, reducing the key interest rate by 2.375% by the end of 2025. Meanwhile, Goldman Sachs said the first rate cut of 25 basis points...

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The U.S. dollar and U.S. Treasury yields have fluctuated widely in recent weeks. However, both prices are stuck in a wide range, and fluctuations within this range continue. Earlier this month, the US Federal Reserve (Fed) kept interest rates unchanged at 5.25% to 5.5%. The market now expects the Fed to keep interest rates unchanged at its next meeting in...

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“The neutral interest rate is a difficult concept to define. Changes in financial conditions will be more useful in determining the appropriate policy stance,” Goldman said in a note to clients. Factors driving policy rates include government budget deficits, investments in AI and reducing carbon emissions as well as productivity gains from AI. Furthermore,...

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The trading trend of the currency pair is still unclear after the strong increase last week. The market is focusing on the speeches of Fed Chairman Powell and ECB President Lagarde. On frame D1, EUR/USD recovered from the 55-day MA at 1.0650 and maintained above the 20-day MA. Technical indicators show mixed signals about the pair's future movements. Breaking...

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The downward trend continued to follow the market after the FED announced the much-awaited decision to keep interest rates unchanged and FED Chairman Jerome Powell said that the agency is not currently considering cutting interest rates. In the session of November 3, world gold prices increased in the context of a decrease in the USD and US Government bond yields...

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David Meger, Director of Metals Trading at High Ridge Futures Prices, said gold prices fell due to a combination of psychological resistance around $2,000/ounce and pre-market profit taking. Important economic data are announced. But this expert still maintains a positive view on gold prices as the need for "safe haven" continues to increase amid the conflict in...

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According to a report from SSI Securities Company, the interest rate of the US Federal Reserve (Fed) is expected by experts to be at 5.25%, which means there are still three interest rate increases this year (an increase of 75 points). basic). The fact that the Fed is expected to continue raising interest rates causes the USD to show signs of strengthening, with...

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Powell's remarks in the press conference after the Fed ended its November policy meeting had mixed messages, making investors doubt that the Fed will just raise interest rates one more time. Mr. Jerome Powell said that there is still a long way to go to bring inflation back to the 2% mark, but the recovery of the economy and labor demand can ensure the Fed raises...

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Although CPI is forecast to continue to decline in the near future, the rate of decline is slower than expected. CPI inflation is expected to be around 3.5% by the end of 2024 and within the target range of 2-3% by the end of 2025. After the meeting, AUD/USD lost some of its previous gains. US government bond yields increased again after a sharp drop last week,...

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The USD increased along with government bond yields across all terms, with the DXY index recovering and continuing to extend its upward momentum to 105.50 in the European session. On the H4 frame, the RSI increased to 80 on Monday, indicating overbought conditions and a possible short-term correction. The pair broke through support at 1.2400, with the 50% Fibo...

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“This is at least the seventh time this cycle that market expectations for a dovish central bank pivot have increased,” Allen wrote in a report. The problem, he continued, is that “expectations of policy change may actually make it less likely, as it eases tough financial conditions while central banks feel need to tighten to reduce inflation." Allen emphasized...