The USDCAD has extended higher, helped by a stronger US dollar and a sharp rise in US yields following Fed Chair Warsh's hawkish comments. The US two-year yield...
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Last year at this time there was some serious hand-wringing about a non-farm payrolls benchmark revision that saw 911K jobs cut from payrolls.For the latest edi...
The S&P 500 is at the lows of the day, down 21 poitns to 7709 in a reversal from the initial Fed reaction.There is a rumor going around that Warsh repeatedl...
The USDJPY has extended higher, breaking above its 100-day moving average at 159.994 and the natural resistance at 160.00. The high price has reached 160.15 as ...
Agrees with the Fed chair about details of the economy.Agrees that inflation is the Fed's main issue right now.On inflation it is important to understand what i...
The EURUSD has moved sharply lower as the market digests a more hawkish message from Fed Chair Kevin Warsh. The probability of a Fed rate hike has climbed to ar...
As London/European traders had for the exits, the major European indices are closing higher. The gains were led by the France's CAC which rose by 0.98%. That ru...
Marvell Technology reported better-than-expected fiscal second-quarter results after Thursday’s close, but the stock moved sharply lower as investors focused on...
Kevin Warsh cultivated a sense that he wasn't going to offer much on rates or the economic outlook and that created a backlash that he would be opaque. Instead,...
The US dollar has moved higher as Fed chair Warsh is more hawkish in his remarks.He remains reluctant to give forward guidance, but the market is pricing and ar...
Highlights of the Federal Reserve speech fromMust be confident underlying inflation is moving to objective or, we have work to doI would be hard pressed to desc...
Preliminary estimate 51.0 Consumer sentiment51.7 vs 51.0 estimate. Prior 55.2Current conditions51.9 versus 51.8 estimate. Preliminary 51.8. Prior 54.8.Expectati...