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Market Watch

Thu April 4, 2024
In yesterday’s address to Stanford’s Graduate School of Business, Fed Chairman Powell heralded the FOMC’s success in reducing inflation from levels a year-ago: February [...]
Wed April 3, 2024
ADP Employment Change for March was 184k, above the 150k estimate. ADP is the precursor view on labor conditions in the U.S. ahead of [...]
Tue April 2, 2024
Yesterday’s ISM data for March was higher than forecast in key categories: Manufacturing 50.3 vs. 48.3 est., Prices Paid 55.8 vs. 53.0 est., and [...]
Thu March 28, 2024
In prepared remarks yesterday to the Economic Club of New York, Fed Governor Christopher Waller reaffirmed the FOMC’s posture that the next move on [...]
Wed March 27, 2024
The USD/JPY reached a multi-decade high overnight at 151.971 (highest since July 1990) in a test of wills between speculators and the Bank of [...]
Tue March 26, 2024
The dollar is narrowly lower vs. most G10 currencies, the biggest declines coming against the commodity pairings: -0.25% vs. NZD, -0.24% vs. SEK and [...]
Mon March 25, 2024
The economic data calendar is full this week with the primary focus on Thursday’s quarterly Core PCE (consumer personal consumption expenditures) Price Index and [...]
Fri March 22, 2024
The U.S. Dollar Index is on track to close the week +0.80%, its biggest weekly gain since mid-January. The dollar’s advance can be directly [...]
Thu March 21, 2024
The Swiss National Bank surprised markets by cutting its overnight rate 25 basis-points to 1.50% at today’s policy meeting. The implied probability of a [...]