More Good Inflation News: David Berson's Economic Brief

Inflation Remained Low In June

Multi-Asset Mid-Year Outlook Global Growth Picture Supports Risk Assets

Does The U.S. Have A Currency Problem, As Donald Trump Suggests?

The Death Of The Dollar (In Perspective)

A potential soft USD policy by a new Trump White House unlikely to work - Deutsche Bank

A potential soft USD policy by a new Trump White House unlikely to work - Deutsche Bank. Trillions would be required for unilateral FX intervention. Deutsche Bank says a potential Trump victory could be dollar-positive but a soft-dollar policy would likely be difficult to maintain. The bank says weakening the Fed's independence would be the most effective way to weaken the dollar.

Safe Havens Gain Favor Amid Geopolitical Tensions And U.S. Election Uncertainty, Gold Above $2400/Oz, DXY Slips

Weekly Report: what happened at UDN last week (0715-0719)?

Week Ahead: U.S. Dollar To Extend Recovery While Stocks Correct Lower

The consolidative phase for the dollar, after its recent drop, is evolving into a proper upside correction. Japan's economy appears to have recovered in Q2. The flash July PMI, the Bank of Canada meeting, and the Q2 US GDP estimate are highlights in the weekend ahead.

Dollar Consolidation Is Morphing Into Correction

Price Action On USD/JPY, GBP/JPY

USD/JPY broke a long-term descending trendline but found support near the 100-day MA and 155.00 level. Japanese authorities have not confirmed whether they have intervened in the market to support the Yen. The Japanese Yen is enjoying a stellar week thanks to optimism around wage growth and rising rate cut optimism.

Euro Trades Quietly Ahead Of ECB Meeting

Euro Trades Quietly Ahead Of ECB Meeting. The US dollar enjoys a firmer bias today, in mostly quiet turnover in narrow ranges. There is little chance of a change in the ECB's key interest rates today. The big event today is the ECB meeting. US S&P 500 and Nasdaq futures are modestly higher.

Could The Fed Cut Interest Rates Twice In 2024?

US disinflation may lead to a third-quarter Fed rate cut. Recent data on US inflation shows that the disin inflationary process is picking up steam. I believe the Federal Reserve will cut before the end of the third quarter. I see room for more than one rate cut in 2024. S&P 500 companies are forecasted to deliver their highest year-over-year earnings growth.

Yield Advantage: Key Takeaways From PIMCO's Secular Outlook

Central banks have achieved disinflation. Real yields are at levels not seen in 15 years. Fiscal policy in the US and abroad is on an unsustainable path. We're in a world of elevated macro and geopolitical risk. PIMCO: There's a yield to be seized and a yield advantage.

Dollar Crushed, Stocks Slump

Dollar has fallen to its lowest level in a month against the Japanese yen. US retail sales were better than expected last month. The dollar's intraday momentum indicators are stretched ahead of the North American open. Equities were mixed in Asia but have fallen in Europe. Gold extended its record high above $2482.

BOJ Appears To Have Intervened Last Friday Too, But Market Sells Yen Anyway

The US dollar is consolidating in narrow ranges against most of the G10 currencies. The Australian and New Zealand dollars, along with the Japanese yen are off by about 0.25%. Europe's Stoxx 600 fell 1% yesterday and is off 0.4% today. The Dollar Index has successfully tested the 104.00 level. A disappointing US retail sales report could challenge the greenback's consolidation.

Chart Of The Week: Treasury Yield Curve Signaling 'All Clear'

Home Market Outlook Economy Analysis Chart Of The Week: Treasury Yield Curve Signaling 'All Clear' ahead of many recessions in US economic history, the yield curve has gone negative - or "inverted" The 2-10 spread between the 10-year and 2-year yields is now at minus-27 basis points. The MoneyShow Chart of the Week for July 15, 2024 is Mike Larson's chart of the week.

Second weekly loss for U.S. dollar index, softer inflation in play

Weekly Report: what happened at UDN last week (0708-0712)?

Week Ahead: Following Up A Watershed Week