Archiv für den Monat: März 2023
Amortizaciones previstas hasta el dia 13/03/2023
Pagos de cupón previstos hasta el dia 13/03/2023
Top Wall Street analysts pick these stocks for attractive returns
TipRanks analyst ranking service pinpoints Wall Street’s best-performing stocks, including Nvidia & Workday.
‘World of pain’? These ETF strategies may be the solution for Treasury trading challenges
As short maturity Treasury bond ETFs see big inflows, more investors are taking on single-bond strategies as a solution to macroeconomic challenges.
Gold Technical Forecast: XAU/USD Bull Run Extends
Gold has achieved a phenomenal turnaround after the massive sell-off in February. A close above 1833 entrenches the recent advance as momentum turns positive
Canadian Dollar Outlook: USD/CAD Halted by Event Risk. Fed, BoC on Deck
USD/CAD prices move cautiously ahead of a busy economic calendar. What will move Loonie this week?
US Dollar Weekly Forecast: Will Another Solid Jobs Report Boost the Greenback?
The US Dollar may rise if another solid non-farm payrolls report underscores a tight labor market amid sticky price pressures, causing the Federal Reserve to remain tighter for longer.
Australian Dollar Outlook: Steady Ahead of RBA Decision
The Australian Dollar consolidated last week pre-RBA monetary policy meeting as yield differentials provide a headwind. If the RBA hike, will AUD/USD get a boost?
Fed’s Daly: If next inflation data hot, would adjust rate path higher and longer
<p>San Francisco Fed President Mary Daly is out with some candid comments today. She’s plugged into the core of the Fed and was the first to signal a higher path for Fed rates in November 2021. Her latest comments skew hawkishly but it’s conditional on the final round of data before the March 22 FOMC decision.</p><ul><li>I am beginning to think the labor market has a shortage of workers</li><li>Anecdotes from business leaders suggest inflation is slowing more than recent data suggests</li><li>Inflation is still high, have to think about ‚continuous tightening'</li><li>It would be a mistake to say we’ve done all we can do, impact of policy is still ahead</li><li>Further policy tightening, maintained for a longer term, will likely be necessary</li><li>Reshoring and the continued decline in labor force participation could mean more inflationary pressures ahead</li><li>The disinflation momentum we need is far from certain</li></ul><p>Between this and <a target=“_blank“ href=“https://www.forexlive.com/centralbank/fed-waller-fomc-may-need-to-raise-rates-beyond-decembers-51-54-central-tendency-view-20230302/“ target=“_blank“ rel=“follow“>Waller</a>, it looks like the Fed is setting up a shift in the dots to 6% or just below. There is certainly plenty of grey area and it’s contingent on the data between now and March 22 but it’s a fine line. Obviously, the market wasn’t spooked by Waller so I don’t see that changing on Daly but Powell is speaking on Wednesday and if he strikes some of these notes, the market could take notice.</p>
This article was written by Adam Button at www.forexlive.com.