Fed, BoE And BoJ Interest Rate Meetings In Focus
The Federal Reserve (Fed), the Bank of England (BoE) and the Bank of Japan (BoJ) will announce their interest rate decisions today and tomorrow so most economists will be focused on the post-meeting statements to understand the future policy course for three of the major central banks worldwide.In other news, UK CPI inflation rose by 2.6% in […]
Should The Fed Cut Interest Rates Today?
The market is confident that a 25-basis-points reduction is a done-deal for today’s policy announcement, based on Fed funds futures. But the question of whether the Fed should cut is more complicated.Recent inflation data has been sticky, which dulls the case for more cuts. The counter-argument points to a gradual but conspicuous softening of the labor market. […]
Fed Decision Preview – Wednesday, Dec. 18
Image source: Pixabay Later today, we get the always highly anticipated FOMC decision. This will be the Fed’s final meeting for 2024 and the market will be paying close attention to see what the central bank has to say. Heading in, the overwhelming consensus is calling for the Fed to cut rates 25 basis points.Video Length: […]
Natural Gas Is The Solution
With forecasts for power demand growth seemingly increasing every month, it’s clear that part of the solution will be “behind the meter”, meaning new natural gas power plants directly connected to their data center customers without the need to connect to the grid.This also sidesteps potential complaints that existing electricity customers are subsidizing the new […]
Crude Oil Finds Floor After Surprise Drawdown In US Stockpiles
Oil prices are trading back around $70.00 after a surprise drawdown in US API data. Kazakhstan is set to raise Oil output next year, according to Bloomberg. The US Dollar Index trades around 107.00 ahead of the last Fed meeting of 2024. Crude Oil trades slightly up on Wednesday at around the $70 round level […]
Ethereum Sees Net Outflows On Spot Exchanges – Is A Major Price Rally Coming?
As Ethereum attempts to rally alongside Bitcoin, the asset appears to have been spotlighted as analysts assess its fundamentals to grasp what is ongoing behind the scenes.A key factor influencing ETH’s price so far, according to the latest analysis, is the relationship between net flows on spot exchanges and investor behaviour. Net flows measure the balance between Ethereum entering […]
USD/CAD Analysis: Bullish Trend Highlights Concerns Of Vulnerability
The USD/CAD is within sight of highs from the climatic days of coronavirus in March and April of 2020, this time around it is because financial institutions are nervous about economic ramifications via the incoming Trump White House. Traders who have a bias towards the Canadian Dollar and believe the USD/CAD is overbought and have […]
Global Conditions Portend A Catch-Down In America
For $20,000, you can buy a global airline pass to see the world. Or, for the low price of free, you can take a quick trip with us worldwide. Unfortunately, our global trip is not as exciting as an around-the-world pass. Still, it may enlighten you about some economic struggles abroad. Moreover, why, in time, […]
Governments Are Silently Collapsing Around The World Right Now
Image Source: Pexels Canada. France. Germany. What do they have in common? Central banks in each are cutting rates. Also, their governments have either collapsed or, Canada, about to. Why? Same reason there are rate cuts. It’s not ideology nor really partisanship. It’s the economy, stupid.Video Length: 00:18:05More By This Author:Global Bonds Are Crashing, Here’s What […]
Daily Market Outlook – Wednesday, Dec. 18
Image Source: Pexels Asian stocks saw a slight increase in a stable trading environment as investors prepared for the Federal Reserve’s last policy decision of the year. The MCSI Asian regional stock index rose by 0.3% after a three-day decline, with gains in Hong Kong and mainland China balancing losses in Japan and Australia. Nissan’s shares […]
