Author: FX
Core PCE stayed sticky at 3.3%, the dollar rose, and gold’s breakout failed. Two days before Warsh speaks at Jackson Hole, here’s where five key markets stand. Source link
There is a cascade of analysts forecasting a near term RBA rate hike. Westpac says No. !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz Source link
Nvidia’s results are nothing short of stunning for last quarter. The company reported revenues of $96.22bn, easily beating expectations of $92.17bn and doubling what was reported in Q2 2025. Source link
Ulta Beauty Q2 2026 Earnings Preview Source link
Three major catalysts competed for attention Wednesday: the Fed’s preferred inflation gauge, a Q2 GDP revision, and a Bloomberg report that Russia is preparing to escalate attacks on Ukraine after concluding peace talks have stalled. Core PCE held at 3.3% year-over-year and came in slightly below the monthly forecast, doing little to change September rate hike odds while keeping a year-end move firmly on the table. The dollar closed the day as one of the top-performing major currencies. Oil whipsawed on the Ukraine-Russia news and finished well in the green, while gold posted one of its sharpest single-session drops of…
US treasury sells $70 billion of 5 year notes at a high yield of 4.393% !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz Source link
Sterling retreats some 0.39% as the US Dollar stages a recovery after a US inflation report revealed that prices remained elevated, increasing the chances of seeing a rate hike by the Federal Reserve (Fed) towards the end of the year. The GBP/USD exchanged hands below 1.3600, after reaching a high near 1.3651.GBP/USD slips as firm PCE, stronger data lift Dollar before Jackson HoleUS economic data revealed that the Core Personal Consumption Expenditures (PCE) Price Index in July was in line with estimates and unchanged from June’s 3.3% YoY. Headline PCE steadied at 3.7% YoY, above estimates of 3.6%.Other data showed…
Infrastructure Capital Equity Income Fund ETF declares $0.25 dividend Source link
Kickstart the trading day with a technical look at the EURUSD, USDJPY and GBPUSD: Bias, Risk and Targets !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz Source link
The market isn’t required to follow your script. And when it doesn’t, your response matters more than your forecast. Source link