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Market Watch

Wed July 10, 2024
During yesterday’s testimony to the Senate Banking Committee Fed Chairman Powell stayed close to FOMC’s recent script, dodging direct questions about the timing of [...]
Mon July 8, 2024
This week’s U.S. economic calendar features testimony from Fed Chairman Powell to the semiannual Senate Banking and Housing (Tuesday) and House Financial Services (Wednesday) [...]
Fri July 5, 2024
Change in Nonfarm Payrolls for June was 206k,190k estimate. May payrolls were revised down to 218k from the 272k originally reported. Private Payrolls for [...]
Wed July 3, 2024
U.S. Weekly Initial Jobless Claims were 238k, slightly above the 235k estimate. This was the 4th consecutive week of claims above 230k after averaging [...]
Tue July 2, 2024
Overnight market performance signaled a moderate shift to ‘risk-off’ sentiment, led by a stronger dollar, lower treasury yields and lower equities. The dollar is [...]
Thu June 27, 2024
U.S. Weekly Initial Jobless Claims for the week ending June 22nd were 233k, below the 265k estimate (the Juneteenth holiday may have skewed claims [...]
Wed June 26, 2024
Yesterday a pair of Fed officials pushed back on rising market expectations of near-term rate cuts. Fed Governor Bowman reiterated the Fed’s view that [...]
Tue June 25, 2024
The dollar has regained some of its footing today after yesterday’s selloff. The U.S. Dollar Index is +0.19%, reversing some of yesterday’s 0.34% drop. [...]
Mon June 24, 2024
The dollar is broadly lower against the G10 today: -0.42% vs. EUR, -0.33% vs. SEK, -0.23% vs. JPY, and -0.20% vs. CHF and several [...]