More from Musalem: Bond market is signaling a resilient economy/higher expected inflation.
Bond markets are signaling a resilient economy and higher expected inflation.
Most of the recent move higher in ...
AUDUSD and NZDUSD as risk-on flows from MOU between US and Iran
The AUDUSD and NZDUSD are leading the move lower in the US dollar today as improving risk sentiment weighs on the gre ...
US Treasury sells $77B of 7 year notes at a high yield of 4.290%
High Yield 4.290%WI level at the time of the auction 4.291%Tail -0.1 basis pointsBid to cover 2.52X which is near the ...
US/Iran MOU on ceasefire has reached an agreement but Trump still needs to approve it
There are increasing reports suggesting progress toward a cease-fire agreement between the U.S. and Iran. According t ...
Crude oil inventories fall -3.327 million versus -4.143 million estimate
The weekly EIA inventory data shows: crude oil inventories -3.327 million versus -4.143 million estimatedistillates - ...
Atlanta Fed GDPNow estimate for Q2 comes in at 3.8% down from 4.3%
The Atlanta Fed GDPN estimate for Q2 growth comes in at 3.8%In their own words:The GDPNow model estimate for real GDP ...
USD races to the downside. What are the markets saying now technically?
As a memorandum of understanding is said to be close but not done as Iran’s supreme leader Khomenei and Pres. T ...
More from Fed’s Musalem: Baseline is inflation will take longer to come down
Baseline Outlook is that inflation will take longer to come back down to target.Sees risk that inflation may not conv ...
Tech sector rebounds as Oracle and Microsoft lead the charge
Sector OverviewToday’s market heatmap reveals a robust performance in the Technology sector, driven largely by ...
Feds Musalem: Caution warranted in the face of upward inflation pressures
St. Louis Fed Pres. Musalem is speaking and he says:Fed’s real policy rate is below the long-run neutral rate, longer ...
Axios: US and Iran have reached a tentative 60-day Memorandum of Understanding
Axios reports the U.S. and Iran have reached a tentative 60-day memorandum of understanding (MOU) to extend the cease ...
US new home sales for April 0.622 million versus 0.665 million estimate
Prior month 0.682 million revised to 0.663MNew home sales 0.622M vs 0.665M estimate.New Homes sales down -6.2% vs +3. ...