Market Report 2/27/2024
MARKET REPORT Review: – BTC up 4% – Soft Durable Goods led by Boeing – Consumer Confidence stalls – Richmond Fed improves – Hot Japanese CPI – Fed’s Bowman tows usual line – BoE’s Ramsden says MPC could unwind APF fully – AAPL cancels electric car effort – HES-CVX merger under threat – OPEC reportedly […]
Market in Review 2/8/2024
MARKET REPORT Review: – Fed’s Barkin “take our time” on rate cuts – Telsa resume Giga Berlin production – NYCB see-saw session – Senate advances Defence Aid Bill. 63B for Ukraine, 14b Israel, 5B Taiwan. – Weekly Jobless Inline – 30yr Mortgage rate back to 6.64% after touching 7% earlier this week. – Dovish BoJ […]
Market in Review 1/11/2024
MARKET REPORT Review: – Headline CPI rose 0.3% in Dec – 0.2% forecast, 0.1% prev in Nov – Annual rate rose 3.4% Y/Y – 3.2% forecast, prior 3.1% – likely see the Fed continue to push-back on market pricing for early rate cuts – money markets still price a 65% probability of a 25bps rate […]
Market in Review 1/9/2024
MARKET REPORT Review: – Oil supply concerns (Middle East) – RCM/TIPP Economic Optimism lifts – Samsung Electronics profits fall for sixth straight quarter – ETH rallies 5% on close DOLLAR closed up small: – AUD down: 66.85 -0.5% (67.14 – 66.79) close off bottom rge – EUR up: 91.48 +0.22% (91.19 – 91.63) […]
