JP Morgan CEO Jamie Dimon warned investors that trouble could lie ahead. In his note in the earnings report, he said: “Many economic indicators continue to be favorable. However, looking ahead, we remain alert to a number of significant uncertain forces,” “First, the...
US military deployed a missile ship with advanced defense capabilities near Israel
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US import prices for March rose 0.4% versus 0.3% expected
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US preliminary Michigan consumer sentiment,. Import/export prices, Fed speak on calendar
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Israel on High Alert Over Potential Iranian Attack
Israel is on high alert amid fears of an potential direct attack from Iran over the next few hours in retaliation for an earlier strike that resulted in the deaths of seven Iranian military personnel, CBS reports. The US has also issued a travel advisory for Israel,...
ForexLive European FX news wrap: The Dollar Continued to Strengthen
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BoE Gov. Bailey committed to acting on Bernake’s recommendations
Former Fed Chair Bernanke’s recommendations: BoE should de-emphasise the central forecast based on market interest rate expectations. Fan charts should be eliminated and uncertainty conveyed in a more qualitative way. Central forecasts should be augmented with topical...
China M2 Money Supply 8.3 vs 8.7 y/y expected
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Fed Collins: Rate Hike not Part of Baseline but Not Fully Ruled Out
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USDCAD Technical Analysis – We got a breakout!
USDThe Fed left interest rates unchanged as expected at the last meeting with basically no change to the statement. The Dot Plot still showed three rate cuts for 2024 and the economic projections were upgraded with growth and inflation higher and the unemployment rate...
The Dollar Continues to Strengthen During European Session
The USD continued to strengthen during the European session against other currencies. EUR/USD also lost ground as the need becomes clear for the ECB to diverge from the Fed on future monetary policy actions. GBP/USD wasn’t swayed by today’s U.K. GDP which printed in...
What Does the Latest US Inflation Report Mean for the US Dollar?
Gather around the campfire for a tale scarier than any ghost story. Picture this: the Federal Reserve is like a bogeyman, always threatening to lower interest rates but never actually doing it. That’s what’s going on in the market. Investors have been waiting for a...
ECB survey shows inflation expectations unchanged across all horizons.
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Producer Inflation On The Rise, But Will Earnings Hold Demand Steady?
Producer inflation rose slightly less than previous expectations, but the annual figure continues to rise. The annual PPI rose to 2.1% and the Core PPI rose to 2.4%. The NASDAQ and SNP500 end the day higher, but the Dow Jones continues to struggle. This morning...
Italian Industrial Sales m/m -0.50% vs 2.10% prior
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US Dollar Hits a Fresh Multi-Month High, Gold Surge Continues Towards $2,400/oz
US Dollar and Gold Analysis and ChartsUS dollar index hits a five-month high.Gold eyes $2,400/oz. and higher.You can now download our brand new Q2 US Dollar Technical and Fundamental Forecasts for free: Recommended by Nick Cawley Get Your Free USD Forecast Get My...
ECB’s Muller says Slower Inflation Rises the Chances of a June Rate Cut
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USD/JPY hits highest level since mid-1990 at 153.34
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Spanish CPI m/m 0.8% vs 0.8% expected
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