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Adam Button

Atlanta Fed Q3 GDPNow +2.4% vs +0.3% prior

The Atlanta Fed third quarter GDP tracker jumped to 2.4% from 0.3% in today's release."After recent releases from the US Bureau of Economic Analysis and the US Census Bureau, the nowcasts of third-quarter...

USD/CAD zooms to 1.38 as month-end flows hit the loonie

The risk picture has deteriorated since Europe went home and oil is also lower today so there's good reason to sell the loonie but month-end flows might be pushing it further...

MUFG trade fo the week: Sell GBP/USD again

Currency investors should consider establishing GBP/USD short positions around current levels. The trade of the week from MUFG is to sell cable with a spot reference of 1.1100, a target of 1.0450 and...

ECB’s Visco: Rate hikes could have the biggest impact after economy has already slowed

Rates must keep rising though long-term inflation expectations remain anchoredApproach to policy tightening will be defined meeting by meeting based on dataEurozone mid-term economic prospects important to establish more appropriate final level, proceeding...

It turns out that US oil demand didn’t crater in July amid high prices

Back in July there was considerable hand-wringing about US oil demand cratering because of high prices. That went against decades of data showing the elasticity of oil demand.In any case, the EIA is...

US equities show some life with sentiment near historical lows

This was on CNBC but I wanted to highlight it as US equities stage a bit of a comeback (S&P 500 decline down to 13 points).Each week the American Assocition of Individual Investors...

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