Fed Sets Up March Liftoff, Balance Sheet Later, BoC Holds
U.S. stocks gave up earlier gains as Treasury yields surged after Fed Chair Jerome Powell signalled the central bank will use its tools to make sure inflation does not become
Weekly COT report: GBP futures on the cusp of net-long exposure
Traders appear on the cusp of flipping to net-long exposure on British pound futures. At just 247 contracts net-short, it is the least bearish traders have been since November. And
Asia shares brace for hawkish Fed, wary of potential Ukraine conflict
SYDNEY (Reuters) – Asian shares slipped on Monday as investors braced for a Federal Reserve meeting at which it is expected to confirm it will soon start draining the massive
Asia shares drop as Treasury yields hit fresh highs
TOKYO (Reuters) – Asia’s share markets struggled on Wednesday as U.S. Treasury yields hit fresh two-year highs and a global technology stock sell-off unsettled investors worrying about inflation and bracing
ANZ forecast RBNZ cash rate to peak at 3% (prior forecast 2%)
Reserve Bank of New Zealand projection from ANZ in NZ. ANZ: • We have changed our OCR call, and now forecast the OCR to be lifted in steady 25bp steps
The Fed and other Central Banks in the Week Ahead
The Fed’s hawkish turn was extended. It now seems clearer to more participants that to maximize the Fed’s flexibility later in the year, it will need to raise rates in
China’s Q4 GDP growth seen hitting 1-1/2-year low, raising heat on policymakers
BEIJING (Reuters) – China’s economy likely grew at the slowest pace in 1-1/2 years in the fourth quarter, dragged by weaker demand due to a property downturn, curbs on debt
U.S. jobless claims rise by 23,000 to 230,000
The number of Americans applying for unemployment benefits rose last week to the highest level since mid-November. U.S. jobless claims climbed by 23,000 last week to 230,000, still low by
US Dollar extends losses, euro rallies as traders reassess rate hike bets
The dollar fell further on Thursday to two-month lows after U.S. inflation proved weaker than feared in December, prompting investors to cut crowded long positions in the currency. The euro