Commentary
Add as a preferred source on GoogleQuotes from Nordea Markets: -The Fed is stepping up preparations to start normalising monetary policy later this year. However, the FOMC minutes gave no clear indication on the timing of lift-off in rates or how quickly …
Quotes from Nordea Markets:
-The Fed is stepping up preparations to start normalising monetary policy later this year. However, the FOMC minutes gave no clear indication on the timing of lift-off in rates or how quickly rates will increase after lift-off.
-On the margin the minutes had a slightly dovish twist as many participants judged that risks facing the US economy argued for keeping interest rates low for a longer time. This supports our September call for the first Fed hike.
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…
