The 10Y US Treasuries finished the first quarter testing 4.2% level. The favorite Fed's inflation gauge, PCE indicator was published on Friday, indicating that the inflation is moving within market expectations. This additionally supported market optimism that the Fed will cut interest rates in June this year, which is currently estimated with 60% chance. Speaking...
Markets continue to hold on Fed Chair Powell`s rhetoric over the potential three rate cuts during the course of this year. In expectation, markets are making re-positioning for the first rate cut. Gold for one more time lost the negative correlation with USD during the previous week, when it reached a new all time highest level at $2.232 on Friday`s trading...
The first quarter of this year the S&P 500 ended with a fresh new highest level. On Good Friday, the index finished at level 5.258, reflecting the market's ongoing optimism when US equities are in question. For the month, the index was higher by 3.1%. Nvidia was for one more time the star of the market, as AI frenzy continues to spot market attention. The stock...
A Fed's favorite inflation gauge, the PCE Price index was standing at 2.5% in February, exactly in line with market expectations. Core PCE was up by 0.3% for the month, and 2.8% on a yearly basis. Final GDP growth rate for Q4 is 3.4% a bit higher from forecasted 3.2%, but lower from previous estimate of 4.9%. Durable Goods Orders in February were up by 1.1% on a...
It was another relatively volatile, but still, positive week for the crypto market and Bitcoin. BTC for one more time tested the $70K resistance level, reaching the highest weekly price at $71.3K. Although the market is generally oriented toward the question of when the Fed will start cutting interest rates, the crypto community is more concerned regarding the BTC...
Last week in the news Positive market sentiment continued ahead of the holiday season on western markets. The S&P 500 was closed at level of 5.254, which was the new highest level reached in the history of the index. Although USD gained in value, the price of Gold also headed to the higher grounds, ending the week at 2.233, a new ATH. The US Treasuries remained...
Since the beginning of March, US Treasuries were waiting for a Fed`s clear signal over the course of their interest rate actions, and they finally got the necessary details in a statement after the FOMC meeting. The Fed is planning to cut interest rates three times till the end of this year. A few more cuts are coming in 2026. This information brought some...
The Fed was in the market spotlight during the previous week, as the FOMC meeting took place. The market got the information that Fed is planning three rate cuts till the end of this year, and also revised their GDP growth rate projections for this year to the upside. This was enough information for the market to regain positive sentiment and push the value of USD...
During the previous period a primary market concern was modestly rising inflation and moving away from 2.0% Fed's target. This could have the implication for the Fed to postpone their rate cuts planned for this year. However, in an after the meeting statement, Fed Chair Powell noted probable three rate cuts during the course of this year, as well as increased FOMC...
The FOMC meeting was the main topic for financial markets during the previous week. The Fed kept interest rates unchanged, as was widely expected. Still, after the meeting statement, Fed Chair Powell noted that Fed sticks with its projections of three rate cuts during the course of this year. The markets are now anticipating a first rate cut in June this year with...
The optimism on the crypto market still holds, regardless of the recent higher volatility. Analysts are noting generally two main reasons which stand behind it during the last two weeks. First one is BTC`s ATH, which triggered selling orders of speculative positions, as part of a profit-taking. On the other side stands a higher sell off of holdings in Grayscale...
Last week in the news Based on the news from the previous week it seems that major central bankers are slowly reaching their pivotal point. The Fed`s view on potential three rate cuts during this year moved the markets to higher grounds. S&P 500 reached a new all time highest value at 5.234. The US Dollar gained during the week, while gold was holding grounds...
Since the beginning of this year, until last week, the markets were certain that inflation is on the down-path and that the Fed might cut interest rates somewhere in May this year. However, the February inflation data made the markets rethink their initial assumptions. The inflation seems to be more persistent than initially estimated, in which sense, the rate...
The US inflation data were the major input for the markets during the previous week. As inflation showed to be a persistent one, the investors were correcting their previous assumptions related to timing of the first Fed's rate cuts during the course of this year. As USD was gaining in value, the price of gold experienced its corrective moves. The price of gold...
Inflation data published for the US during the previous week are showing that the inflation is a bit more persistent than previously expected, in which sense, the market is anticipating that the Fed might cut rates later during this year. The fear of inflation has pushed the US equities market to the lower grounds as of the end of the previous week. The S&P slowed...
The inflation in the US is a bit persistent, reaching 3.2% on a yearly basis in February, which was modestly above market estimate of 3.1%. Core inflation was also higher from the forecasted 3.7%, by reaching 3.8% on a yearly basis. Producers Price Index in February was increased by 0.6% on a monthly basis, much higher from the market estimate of 0.3%. At the same...
BTC had another volatile week, which ended with a weekly drop in price of around 2%. However, before that, BTC reached a brand new all-time-highest level at $73.4K. It was unclear what actually happened during Friday`s trading session. On one side there was a release of relatively negative data for the US inflation, where investors needed to reconsider their...
Last week in the news Previous week brought back inflation fears on financial markets. The US equities and tech companies ended the week under pressure considering investors fears that the Fed might take a bit more time until the first rate cut, due to persistent inflation. US Treasuries also reacted on the same issue, ending the week one more time higher by 22...