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Trump Allies Push Back as Fed Prepares for Possible Rate Hike

Federal Reserve Chair Jerome Powell has endured nearly every crisis a central banker can face during his eight years at the helm of the Fed: blistering public attacks during President Donald Trump’s first term, an unpre…

10 min read

US Dollar Index: Fed pricing supports gains – Scotiabank

Scotiabank strategists Shaun Osborne and Eric Theoret note the US Dollar (USD) is firm at the start of FOMC week as swaps now price an 85% chance of tightening on Wednesday. They highlight that US Dollar Index (DXY) is …

2 min read

US Dollar: Hawkish Fed may offer only limited gains - BBH

Brown Brothers Harriman’s (BBH) Elias Haddad expects the Federal Open Market Committee (FOMC) to deliver a 25 bps hike to 3.75%-4.00%, its first move since July 2023, justified by above-target inflation and a solid labo…

2 min read

Can Circle’s Arc Repeat Robinhood Chain’s Meme Coin Boom?

Circle’s Arc network is set to open its public mainnet on September 16, and the question already circulating among analysts is whether it will see anything like the meme coin frenzy that hit Robinhood Chain right after …

2 min read

Oil Stronger on Saudi Pipeline Shutdown

Nigerian Bonny Light crude has climbed above $115 per barrel as disruptions to a key Saudi Arabian oil pipeline intensify concerns about global supplies and push international crude prices higher.

5 min read

US Dollar’s Turn to Get a Monetary Policy Lift

The US dollar, which has spent months trading in a narrow range, could be poised for a stronger move higher as investors increasingly expect the Federal Reserve to focus on rising inflation risks rather than interest ra…

3 min read

Treasury Yield Premium Surges Amid Inflation and Debt Worries

The 30-year U.S. Treasury yield has touched roughly 5.3 percent in the past week, a level not seen in nearly two decades. Global counterparts in Europe, the U.K., and Japan have climbed to similar heights.

9 min read

Gold: Could Metal Touch $4k Amid Macro Headwinds?

Gold is glittering for investors, with prices now topping a record $4,000 an ounce. But the reasons behind the shiny metal's surge may be less than dazzling, with Wall Street analysts saying it reflects growing unease o…

5 min read

The Week Ahead on Wall Street: We’re Not in Kansas Anymore

We’re not in Kansas anymore. A paparazzi angles his obnoxious lens toward the black, tinted glass nestled on the quiet corner of Renwick and Canal Street in New York’s hipster enclave suburb of Soho. Ahead of the 2018 V…

11 min read