Dollar traders lock gaze on US CPI data

Send a textInvestors expect 65bps worth of Fed cuts for 2026. FOMC meeting minutes and Q4 GDP data awaited. Yen recovers some GDP-related losses, aussie and pound slip. Wall Street set to open lower, gold extends pullback.Risk Warning: Our services involve a significant risk and ...  Show more

Send a textSlow start to the week; China and the US on holiday today. Busy event calendar ahead, with a potential Supreme Court decision on Friday. US equity weakness in the spotlight; dollar benefits from lingering ‘risk off’ sentiment. Dollar/yen slide pauses; Japanese sovereig ...  Show more

Mark Cabana, head of US Rates Strategy at BofA Global Research, joins Forward Guidance to share insights on today’s very strange bond market. Cabana, a former officer at the Markets Group at the Federal Reserve Bank of New York, explains his bullish case for the 10-year U.S. Trea ...  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

Markets hit some rough patches yesterday, with all major European indices closing lower, followed by similar losses across the three main US benchmarks. Revised US data revealed an upward adjustment to second-quarter GDP, while jobless claims came in below expectations. This prom ...  Show more

This week, we discuss Powell’s hawkish speech, how to think about trading tariffs and the weaponization of the US account deficit, and whether we should expect a significant growth slowdown. We also delve into rate cuts & the yield curve, why Bitcoin is the trade after the trade, ...  Show more