More Good Inflation News: David Berson's Economic Brief

Inflation Remained Low In June

Why to Add Safe Haven ETFs to Your Portfolio?

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

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

US Economy Expands 2.8% In Q2, Tops Estimates; Weekly Jobless Claim Fall

U.S. Economic output grew 2.8% in the second quarter of the year. The annualized growth rate of the real gross domestic product was stronger than expected. Consumer spending grew at 2.3% annualized rate. The Labor Department reported a drop in weekly unemployment claims for the week ending July 20.

Global Markets Slump Following S&P500's Decline; Crude Oil And Gold Loose 2% - Global Markets Today While US Slept

The U.S. Stock markets closed lower on Wednesday, July 24th. The S&P 500 and Nasdaq hit multi-week lows as disappointing Alphabet and Tesla earnings shook investor confidence in megacap stocks. This led to the S-P 500's largest daily drop since December 2022 and the Nasdaq's since October 2022.

Asia And Europe Markets Decline, Crude Oil At Six-Week Low - Global Markets Today While US Slept

U.S. Stock markets closed in the red on Tuesday, July 23rd. The energy index was the worst performer as crude prices hit a six-week low. Japan's Nikkei 225 closed lower by 1.27% in Asian markets. On Wednesday, investors focused on earnings from Alphabet and Tesla after both reported positive Q2 revenue.

The Death Of The Dollar (In Perspective)

UUP: Why It's Better To Reduce Dollar Exposure For Now

Asia Markets Mixed, Europe Advances; Dollar And Gold Gain - Global Markets Today While US Slept

U.S. Stock markets closed in green on Monday, July 22nd. S&P 500 and Nasdaq Composite rebounded from their worst weekly performance since April. The Dow Jones Industrial Average ended a two-session decline. Japan's Nikkei 225 closed higher as investors returned to growth stocks.

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 UUP last week (0715-0719)?

Last week recap: U.S. Treasury yields and dollar see swings

U.S. Treasury yields and dollar see swings last week as markets react to economic data and expectations of Federal Reserve interest rate cuts. The 10-year yield increased by about 5 basis points to 4.24% on Friday. The US dollar's movement during last week was driven by political events and economic data.

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.

Fed's Goolsbee Confident With Inflation's 'Golden Path,' But Won't Tie Committee Hands On September Fed Cut: Stocks Fall

Chicago Fed President Austan Goolsbee says inflation trend is on a "golden path" Investors are increasingly convinced of a September rate cut, with odds near 100%. He refrained from explicitly stating his intentions regarding possible future interest rate cuts. The inflation trend has been stable without triggering a recession, he said.

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.