The US dollar has reversed course.I'm sure the initial move was on the release of an article from WSJ Fedwatcher Nick Timiraos that highlighted a 50 bps hike in December but this move...
WSJ Fedwatcher Nick Timiraos is out with his latest and says:"Federal Reserve officials are barreling toward another interest-rate rise of 0.75 percentage points" and whether to signal a smaller hike in December.He highlights...
Today's Japanese CPI report certainly didn't force the Bank of Japan's hand. With prices up 3.0% y/y (in line with estimates), there's no urgency to change tactics. In addition, the BOJ upped its...
Prelim August release was +0.4%Prior was -2.5% (revised to -2.2%)September prelim estimate -0.5%August ex autos +0.7% vs +0.4% expected -- best in 5 monthsPrior ex autos -3.1% (revised to -2.5%)Sales up in 6...
<p>In early October, it looked like 4% would be the ceiling but a hot CPI report and hawkish Fed talk has busted the top. We've now moved up a quarter point in three...
There isn't much of a theme so far in the first 5.5 hours of the trading day. The US dollar is modestly higher across the board, particularly against GBP and NZD. But stronger...
