Commentary / Central Banks
Add as a preferred source on GoogleThe market participants are getting it. After several prominent FOMC speakers, including well-known dove William Dudley of the New York Fed, suggested that rate hikes need to be sooner than the market expectations, the f…
The market participants are getting it. After several prominent FOMC speakers, including well-known dove William Dudley of the New York Fed, suggested that rate hikes need to be sooner than the market expectations, the federal funds futures are finally registering more than 80 percent probability of a hike in March.
The comments made so far, strongly suggest that the Fed is going for three hikes in 2017, just like they suggested.
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
