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Market Watch

Fri August 11, 2023
Producer Price data (prices received by domestic producers) for July was higher than forecast in 5 of the 6 PPI categories: monthly Final Demand [...]
Thu August 10, 2023
Today’s U.S. CPI report for July was in-line with estimates: monthly Core CPI (excludes food and energy) was 0.2%, matching June’s 0.2% and the [...]
Wed August 2, 2023
Fitch Ratings downgraded U.S. government debt one level from AAA to AA+ on the view that the country’s finances will deteriorate over the next [...]
Fri July 28, 2023
This past week serves to remind us that central banks are in control of the market narrative. With the Fed and ECB each raising [...]
Thu July 27, 2023
Yesterday the Federal Reserve raised the fed funds rate by 25 basis-points to a target range between 5.25% and 5.50%, a 22-year high. The [...]
Wed July 26, 2023
U.S. Treasury yields are lower in most tenors in a shift to ‘risk-off’ sentiment. Global equities are also lower as traders pare positions ahead [...]
Tue July 25, 2023
The FOMC starts their 2-day policy meeting today and will culminate with tomorrow’s rate announcement at 2pm ET. A 25 basis-point hike is widely [...]
Thu July 21, 2023
The dollar is trading higher today, its 4th consecutive daily gain vs. the G10 pairs. The U.S. dollar index (DXY) is 0.18% for the day [...]
Thu July 20, 2023
The FOMC’s next rate policy announcement is less than a week away now (July 26th), and with an implied probability of 96.0%, a 25 [...]