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Wednesday: Powell cites inflation progress, but wants more

US markets stick with September rate cut bets after the Fed Chair delivers ‘something for everyone’ in Senate appearance; Australian consumers are mo…

1 year, 10 months ago

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Tuesday: Markets wait on Powell, US CPI

Global markets are treading water this morning ahead of Congressional testimonies from Fed Chair Jay Powell and US CPI numbers. Meanwhile in Australi…

1 year, 10 months ago

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Monday: Expectations growing that Fed can cut in Sept

Global stocks begin the week at record highs after soft US jobs data boosted hopes the Fed will cut in September. European markets are on tenterhooks…

1 year, 10 months ago

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Friday: Pound & euro firm ahead of election results

European markets firm ahead of election results. Markets are quiet on Independence Day holiday ahead of key US non-farm payrolls jobs figures tonight…

1 year, 10 months ago

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Thursday: Soft US data supports rate cut bets

Expectations the Fed will cut in September firm after softer US jobs and services data; Australia’s retail sales and building approvals are surprisin…

1 year, 10 months ago

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Wednesday: Powell cites inflation progress

Fed Chair Jerome Powell supports rate cut bets by citing progress on inflation and jobs, although stronger jobs data tempers the market reaction. The…

1 year, 10 months ago

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Tuesday: US Treasury yields jump on Trump

US Treasury yields jump on growing expectations Donald Trump will win the US Presidency and run looser fiscal policy. European stocks rise after a sm…

1 year, 10 months ago

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Monday: PCE bolsters Sept rate cut hope

US PCE inflation data on Friday has boosted bets the Fed can cut in September. Markets will focus on US jobs data this week. Today’s Tankan survey wi…

1 year, 10 months ago

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Friday: US rate cut bets rise ahead of PCE

Soft US data has lifted bets for Fed rate cuts this year ahead of May’s PCE inflation print today. There’s good news on inflation pressures in New Ze…

1 year, 10 months ago

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Thursday: High CPI worsens RBA headache

There’s a headache for the RBA after Australia’s CPI indicator rose more than expected in May. And the Yen weakened overnight through 160 to the US d…

1 year, 10 months ago

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