May Markit News Today

Hawkish interest rate guidance from European Central Bank President Christine Lagarde, who signaled that the bank is likely to have lifted interest ra

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

by Tyler Durden Tuesday, Jun 01, 2021 - 07:54 AM It turns out that Mondays dip in futures was a low-volume headfake, and on Tuesday global markets hit a new record high as U.S. equity futures jumped, with spoos also approaching all time highs after markets shrugged off concerns about rising inflation and looked ahead to U.S. employment data later in the week. Brent rose above $70 to the highest since October 2018 as OPEC+ forecast a tightening global market before members meet to discuss produc...

No Immediate End To QE Fed policy is starting to become a hot topic amongst investors because of the spike in inflation. There would be even more calls for an end to QE and a rate hike if the April jobs report had met expectations. Even still, reports like the Philly Fed manufacturing prices reading show there is some pressure on the Fed to move hawkishly. The good news for the Fed is the 10 year yield is only at 1.61%. There is nothing destabilizing about the 10 year yield being at the same le...

May 23, 2021 14:56 GMTFXStreet News What you need to know on Monday, May 24: The greenback recovered on Friday, ending the week mixed across the FX board.   The American appreciated following upbeat US data and comments from Federal Reserve officials suggesting a sooner rather than later discussion on tapering amid signs of heating inflation. On Friday, Atlanta Federal Reserve President Raphael Bostic said that he is worried about inflation getting entrenched, while  Philadelphia Fed Patric...

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

XE Market Analysis: Asia - May 20, 2021 After rallying on Wednesday in the aftermath of the FOMC minutes mention of tapering, the Dollar turned broadly lower through the N.Y. session on Thursday. Treasury yields gave back all their post-minutes gains, leaving the 10-year note at 1.63% from 1.69% highs yesterday. The DXY was pushed from early Asian highs of 90.23 to a N.Y. low of 89.78. The USD fell despite mostly better incoming data, which saw initial claims fall to pandemic lows. Continuing c...