Commentary
Add as a preferred source on GoogleQuotes from Danske Bank:- Overall this was quite a neutral statement by Janet Yellen in her semi-annual testimony to Congress. She does not give too much away in terms of what has to be in place for lift-off. - We expect…
Quotes from Danske Bank:
- Overall this was quite a neutral statement by Janet Yellen in her semi-annual testimony to Congress. She does not give too much away in terms of what has to be in place for lift-off.
- We expect 'patience' to be removed in March to give the Fed flexibility to hike in June. We also continue to look for a hike in June based on continued robust employment gains and decent GDP growth rates.
- Risks are, however, still skewed towards a hike later (July or Sept).
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…
