An ECB report from Reuters cites a staff model forecast that sees rates peaking at 2.25%, citing four sources. That's lower than the market-implied rate at just above 3%.The model shows that 2.25%...
In 2022, the U.S. dollar has been very strong, despite the global economy’s downturn and the rising inflation worldwide. 12 days ago, the U.S. Dollar Index (DXY) rallied to a high of 114.8...
Guest Post by Wolf Richter from his blog on WolfStreet.com:
What the Fed did in details and charts. And, well, “Primary Credit” is starting to show up again.
The Federal Reserve released its weekly balance sheet this...
US equities were stronger again Tuesday, up another 3.1%. The rallied further, and went up another 2.9%. US down 1bp to 3.63%, yeilds down 1bp to 4.11%.
A big...
The local gold prices in China rebounded in August.SEATTLE (Scrap Monster): The World Gold Council (WGC) Gold Market Commentary Report noted that year-to-date Swiss gold exports in 2022 touched its highest level since 2018.The...