MARKET NEWS
Dec 11, 2024
Sticky US Inflation Points to a More Cautious Fed in 2025
US core inflation posted a fourth consecutive 0.3% print, showing that progress towards the Fed inflation goal has clearly stalled. Nonetheless, the Fed’s favored measure of inflation is doing a...
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Dec 11, 2024
How the Fed's Past Decisions Are Shaping Inflation and Rate Policies Now
The consumer price index (CPI) increased +0.3% in November, the highest monthly increase in the last 6 months. Although it was right in line with what the street was already expecting. Prices are up...
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Dec 11, 2024
Today's CPI Print: What if the Fed Is Content With Inflation Above 3%?
Last month’s CPI had set up an uncomfortable situation for the FOMC, where too-high inflation was colliding with a Fed that had launched too soon into ease mode – for what appears to be mostly...
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Dec 10, 2024
The Energy Report: Deficits Of One Kind or Another
Today, suddenly, the markets are worried about deficits. The Energy Information Administration says that the world is in a slight oil supply deficit with global oil demand coming in at 103.37 million...
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Dec 10, 2024
All Eyes on US CPI as Dollar Edges Up; BoC Set to Slash Rates
US CPI awaited as December Fed rate cut not a done deal Loonie at fresh lows ahead of expected BoC rate cut Aussie continues to bleed, yen see-saws on data, BoJ chatter Spotlight on US...
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Dec 10, 2024
China Is No Longer the Marginal Buyer of Oil
From 2010 through 2022, the US Energy Information Administration (EIA) calculates that global Oil demand grew by 10 million barrels per day (Mb/d). Over 60% of the demand growth was due to China’s...
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Dec 10, 2024
November CPI Preview: The Fed’s Inflation Problem Is Not Going Away
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Dec 10, 2024
Gold Rises While Euro Drops Amid Geopolitical Conflicts and Possible Rate Cuts
Gold Grows on Geopolitical Conflicts and Possible US Rate Cut Gold (XAU/USD) gained 1.26%, finishing yesterday's trading session slightly below the crucial $2,700 level, supported by expectations of...
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Dec 10, 2024
US CPI Preview: Could a Hot Inflation Report Revive a Fed Pause?
US CPI KEY TAKEAWAYS: US CPI expectations: 2.6% y/y headline inflation, 3.3% y/y “core” inflation The Fed is likely to cut interest rates by 25bps regardless of the inflation reading, though a...
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Dec 10, 2024
Liquidity Strains May Be Giving a False Sense of Security to the Market
Stocks finished lower for a second consecutive day, with breadth continuing to show more losers than advancers. This trend actually began sometime last week. The NYSE McClellan Oscillator has broken...
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