Market in Review 3/20/2024

MARKET REPORT Review: – FED LEAVES RATES ON HOLD INDICATES 3 RATE CUTS FOR 2024 – Fed leaves Rates at 5.25-5.5%, 23yr High for a 5th consecutive meeting – Policy makers ‘do not expect to alter target range until greater confidence inflation moving lower’ – GDP see higher in 2024, 2.1% vs 1.4% (Dec project), […]

Market in Review 23/2/2024

MARKET REPORT Review: – Dollar finishes down on week. 1st of 2024 – Best week for Bullion in 2024 – NVIDIA reaches 2T in mkt cap. – Fed: Waller was hawkish, Cook and Williams towed the usual Fed line – JPM’s Dimon sells 822kk shares (around $150m) – US unveil 500 more Russian sanctions on […]

Market in Review 2/1/2024

MARKET REPORT Review: – US NFP TOM MORN. All eyes. (+AU PPI) – Strong ISM Manufacturing – Conflicting Gaza ceasefire reports – Rising initial jobless claims – BoE hold rates, as expected (three-way split) – Stocks up, Dollar down, crude down, crypto consolidates, Gold flat. DOLLAR: – AUD UNCH: 65.71                        UNCH (65.10 – 65.75) […]

Market in Review 1/31/2024

MARKET REPORT Review: – Fed keeps rates unchanged (as Exp) – Powell signals MAR rate cut unlikely, inflation is decreasing, still too high, need more evidence – Rates likely to move down this year, unlikely Mar – Treasuries up past 4% after falling back on data showing hiring slower than expected, employment costs rose softest […]