Wall Street tumbles amid September blues

Send a textNonfarm payrolls increase by nearly double the forecast. Dollar gains asinvestors scale back their Fed rate cut bets. Yen extends rally onintervention worries, Aussie rallies on RBA hawkishness. Wall Street pullsback after NFP, gold shrugs off dollar strength.Risk Warn ...  Show more

Send a textUS equities and cryptos reverse Monday’s gains. Focus shifts to nonfarm payrolls after weak US retail sales. A 70k NFP increase is forecast, but speculation is rife about a weaker print. Dollar/yen slide persists; greenback is weak even against the troubled pound.Risk ...  Show more

August saw strong gains in global equities, particularly in the Dow Jones, as well as indices in both China, and Japan. Gold has hit a four-month high nearing USD 3,500 per ounce this morning, driven by concerns over the Federal Reserve’s independence and uncertainty around US ta ...  Show more

Major equity markets surge to new highs, driven by easing trade tensions, robust US earnings, and expectations of US interest rate cuts even as US inflation remains a concern. This trend is also reflected in US investment-grade credit spreads, which have reached their lowest leve ...  Show more

Global markets have rallied following Federal Reserve Chairman Jerome Powell's dovish speech on Friday that opened the door to interest rate cuts. In response, stocks, bonds, gold, and crypto assets surged, while the US dollar has fallen. Asian equity markets are following Wall S ...  Show more

This week, we discuss the biggest risks to the economy, whether Mag7 is a bubble, surprisingly strong consumer data, the increasingly noisy housing and labor markets, risks around Fed policy and dollar liquidity, and why gold has been a cleaner macro hedge than Bitcoin. Enjoy! — ...  Show more