The market has little doubt that the Federal Reserve will raise rates by 75 basis points to a range of 3.75-4.00% at 2 pm ET today. The implied probability of a 75 bps...
This is a message worth $450 billion.It's a screenshot that began circulating on WeChat yesterday and then Twitter and claims that China’s top politburo official Wang Huning will lead a plan to...
It's a new month and that means a fresh start. No one needs it more right now than gold bugs, who have been swimming against the tide since April.What happened then? It was...
MUFG Research sees a scope for further AUD/NZD decline over the coming weeks."With the RBA displaying more concern over weaker growth alongside
higher inflation, the updated statement will further encourage
expectations that the...
The day began with a focus on China reopening but it's quickly shifted to the potential for a hawkish Fed decision tomorrow. That's led to a sharp turnaround in the US dollar across...
WSJ Fedwatcher Nick Timiraos was out with his Fed preview earlier today and it didn't leave many ripplines in the market. The May Fed funds peak is priced for 4.91%, which is a...
