Thursday, 06 October, 2022
Federal Reserve Governor Lisa Cook said she supports the central bank’s policy-tightening path and that further interest-rate increases and a period of policy restriction will likely be needed to bring inflation down. “With inflation running well above our 2% longer-run goal, restoring price stability likely will require ongoing rate hikes and then keeping policy restrictive for some time until we are confident that inflation is firmly on the path toward our 2% goal,” Cook said […] Read More
Friday, 30 September, 2022
Expected Index Extensions for end of September: {GB} Gilts: +0.23 {US} US Tsy: +0.08 {EU} EGBs: +0.04 {GB} Gilt index meets strong duration extension on the back of £35.9bn dropping the index and the expected syndication tap of the 30y Green Gilt for around £4bn {US} US extension is in line with average for a non-refunding month {EU} Low duration extension for EGBs which compares with 0.15y last year Read More
Wednesday, 21 September, 2022
<Back> to Return Previous Next Send Actions Translate News: News Story 09/21/2022 19:00:01[BN] Key Takeaways From Fed Decision to Raise Rates 75 Basis Points By Scott Lanman (Bloomberg) — Here are key takeaways from the Federal Reserve’s interest- rate decision and economic projections on Wednesday: TOPLive in Progress Fed raises its main rate 75 basis points, as anticipated, to a range of FOMC Rate Decision and Fed 3% to 3.25%, while new projections from officials […] Read More
Wednesday, 21 September, 2022
FED OFFICIALS’ MEDIAN VIEW OF FED FUNDS RATE AT END-2022 4.4% VS 3.4% IN JUNE PROJECTION 21-Sep-2022 19:00:02 – FED OFFICIALS’ MEDIAN VIEW OF FED FUNDS RATE AT END-2023 4.6% (PREV 3.8%) 21-Sep-2022 19:00:02 – FED OFFICIALS’ MEDIAN VIEW OF FED FUNDS RATE AT END-2024 3.9% (PREV 3.4%) 21-Sep-2022 19:00:02 – FED OFFICIALS’ MEDIAN VIEW OF FED FUNDS RATE AT END-2025 2.9% 21-Sep-2022 19:00:02 – FED OFFICIALS’ MEDIAN VIEW OF FED FUNDS RATE IN LONGER […] Read More
Wednesday, 21 September, 2022
China’s Global Times editor: “Never underestimate the risk of the Ukraine war escalating into a nuclear conflict. If the US wants to defeat Putin outright, it needs to finally overcome the confidence and strength that nuclear forces bring to Russia.” Read More
Tuesday, 20 September, 2022
FOMC HIKES & HOPES: Markets are now near convinced that tomorrow brings a 75bps increase in the Fed Funds target rate, the fifth consecutive rate hike from the Federal Reserve since the start of the year taking the US benchmark to 3.25%. Just as a point of reference, the S&P moves on the day of and 2 days following each FOMC move: – 16th Mar: Fed Funds +25bps / 16th, 17th, 18th Mar: S&P +2.2%, […] Read More
Tuesday, 13 September, 2022
From: Lorberg, Stuart <Stuart.Lorberg@cmegroup.com> Sent: 13 September 2022 08:59Subject: IMPORTANT NOTICE – SER-9056: Monday, September 19, 2022 – State Funeral of Her Majesty, Queen Elizabeth II – UK Bank Holiday Good morning, Apologies for the timing here – the notice that I am sure you will all welcome regards ED expiries. View in your browser To Members, Member Firms and Market Users From CME Group Research […] Read More
Friday, 09 September, 2022
{EU} ECOSTREAM – Exclusive: ECB Insider: 50bp Rate Hike Likelier in October than Another 75bp Read More
Friday, 09 September, 2022
DOLLAR DIP – This is the second largest single-day move lower in the Bloomberg Dollar Index (BBDXY) in index points – & 3rd largest in % terms – since March 2020, only usurped by August 10th this year when the SPX was up over 2% and NDX up almost 3%. It’s almost like it’s a coordinated effort… see attached Read More
Thursday, 08 September, 2022
US stocks could slide a further 25% if the economy tips into recession, with risks to a sustained equity rally mounting, according to Deutsche Bank AG strategists. With company profits set to drop, stock valuations still high and recession risks looming, the fundamental picture for stocks is challenging, strategists led by Binky Chadha wrote in a note dated Sept. 7. Still, investor positioning in equities is low, they added. “The outlook looks relatively binary: in […] Read More
