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The Hungarian forint sold off 2% yesterday after a local central banker surprised markets by suggesting Hungary could make preparations to start easing interest rates. Central banks in Eastern Europe...
Do we need to worry about the end of the US dollar dominance in international trade – the de-dollarization of global finance?There is widespread discussion and concern in some quarters as China...
Last week, the Treasury Department revealed that the federal deficit hit $1.1 trillion in the first half of the fiscal year ending in March, $432 billion larger than the same period a year earlier....
The dollar will be extremely hard to replace for four reasons: The rule of law, liquid financial markets, and economic and military might. 60% of global currency reserves are in dollars, and about...
With two weeks to go before the Fed and ECB meetings, central bank speakers have their last chances to steer market expectations before the quiet periods start. However, it appears markets have fully...
PGMs rally on dollar’s recent lows, China’s better-than-expected Q1 GDP Dollar, however, up now on Fed speculation; spotty China factory data weighs Technically PGMs look solid; palladium...
FX markets continue to be buffeted by opposing forces and are struggling to define short-term trends. Despite some positive Chinese activity data, Asian currencies are not rallying, suggesting that...
Discover Financial Services and Tesla feature bullish early earnings date confirmations in advance of what could be a challenging first quarter reporting period With S&P 500 earnings estimates...
Though data showed that wholesale inflation was cooling more than expected, Treasury yields ticked higher this week after hawkish comments from Fed Governor Christopher Waller. He advocates for more...
With 17 days to May 3 rate decision, Fed looks quite sure to add quarter point More tightening doesn’t really surprise but Fed acknowledged recession possibility Recent U.S. inflation data soft...
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