A radical Bessent, panicking with big Treasury bond buyback move, craters the dollar
The Wall Street Journal’s (gated) reporting adds important texture to how markets should read the buyback move, ...
Australia jobs preview: Divergence on whether June’s hiring surge holds
A soft jobs print would reinforce the Reserve Bank of Australia’s view that the labour market is gradually cool ...
Economic and event calendar in Asia: Australian jobs data, China rate setting
Australian jobs data and People’s Bank of China rate setting are due today. I’ll have a preview of t ...
investingLive Americas FX news wrap: Surprise US Treasury announcement sends dollar lower, gold higher
FOMC Minutes: Many participants assessed higher rates would likely be necessary if inflation did not fallUS Treasury ...
US Treasury auctions off $18 billion of 20-year bonds at a high yield of 5.204%
High yield: 5.204%WI level at the time of the auction 5.199%Tail 0.5 bps Bid-to-cover ratio 2.53X Direct (domestic bu ...
Trump tells reporters US and Canada reached a deal, suggests Iran negotiations continue
Trump spoke to reporters at the White House about the tariff deal with Canada, and added a couple of comments on Iran ...
US Treasury is increasing the size of liquidity support buyback operations for longer-dated securities
US Treasury StatementThe U.S. Treasury announced today that it will at least double the size of its liquidity-support ...
investingLive European session wrap: Dollar cools on mixed markets, UK inflation picks up in July
Headlines:UK headline inflation picks up in July, core prices hold steadyEuro area inflation confirmed to nudge up a ...
Euro area inflation confirmed to nudge up a little in July
July final CPI +2.9% vs +2.9% y/y prelimPrior +2.8%July final core CPI +2.5% vs +2.5% y/y prelimPrior +2.4%This just ...
UK July CPI +2.9% vs +2.9% y/y expected
July CPI +2.9% vs +2.9% y/y expectedPrior +2.6%July core CPI +2.6% vs +2.5% y/y expectedPrior +2.6%More to come… ...
UK headline inflation picks up in July, core prices hold steady
July CPI +2.9% vs +2.9% y/y expectedPrior +2.6%July core CPI +2.6% vs +2.5% y/y expectedPrior +2.6%The headline figur ...
Inflation data the main focus on the economic calendar in Europe today
The main focus will be on the UK CPI report though, with that coming in hot and fresh. As for the Eurozone CPI report ...