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US July prelim UMich consumer sentiment 54.4 vs 51.0 expected
Prior was 48.9Conditions 54.9 vs 48.7 expectedPrior was 48.4Expectations 54.20 vs 51.7 expectedPrior expectations 49.3One-year inflation 4.2% vs 4.6% priorFive-year inflation 3.3%
Why Kimi K3 is adding to the market worries
A couple things are roiling markets at the moment:1) The release of Kimi K3, a Chinese open source model from Moonshot2) Rumors that a hedge fund or two are in troubleThe two are p
The AUDUSD and NZDUSD are moving lower as risk-off/USD buying/technicals.
Generally speaking, the AUDUSD and NZDUSD are considered risk-sensitive currency pairs. When investor sentiment deteriorates—such as during stock market selloffs—both currencies te
US June industrial production +0.1% vs +0.2% expected
Prior was +0.1%Capacity utilization 76.1% vs 76.2% expectedManufacturing output 0.0% vs +0.1% expectedPrior output 0.0% (revised to +0.1%) This article was written by Adam Button a
There is a roadmap for the dollar if the Fed tightens money supply
In Warsh's testimony this weeek, he emphasized to the House Financial Services Committee that his annoucned review of the Fed's $6.8 trillion balance sheet would also look at the
US housing starts for June 1.427 million versus 1.310 million estimate.
Prior month housing starts 1.177 million revised to 1.199 million. Prior month building permits 1.410 million.Housing starts for the month of June 1.427 million versus 1.310 millio
US June import prices +0.3% vs -0.7% expected
Prior import prices +1.9% (revised to +1.7%)Export prices -0.6% vs -0.4% expectedPrior export prices +1.3% (prior revised to +1.2%)The import number swings the other way from CPI a
The USD mixed to start the North American session. USD is strongest vs GBP and AUD.
The USD is mixed heading into the North American session, trading higher against the EUR, GBP, AUD, and NZD, but lower versus the JPY, CHF, and CAD. In the video above, I take a te
investingLive European markets wrap: Oil pushes up, tech selling pressures continue
Headlines:Tech shares continue to stay under pressure in final stretch of the weekHow have interest rate expectations changed after this week's events?IRGC reaffirms that no oil an
Tech shares continue to stay under pressure in final stretch of the week
S&P 500 futures are down 0.8% with Nasdaq futures down 1.5% on the day currently.It's looking rough out there after the heavy selling yesterday, which translated into a big selloff
How have interest rate expectations changed after this week's events?
Rate hikes by year-endRBNZ: 52 bps (67% probability of rate hike at the next meeting)ECB: 42 bps (86% probability of no change at the next meeting)BoE: 37 bps (92% probability of n
The Indian Rupee risks falling into new record lows amid the renewed US-Iran conflict and elevated oil prices
FUNDAMENTAL OVERVIEW USD:The US dollar has been under pressure in the past few days following the surprisingly soft US inflation figures. The data triggered a dovish repricing in i