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Monday, September 16, 2024

American Market Recap | The news on China continues to get worse but help could be on the way

The news on China continues to get worse but help could be on the way

The investing world has largely given up on China as a growth driver this year and the outlook for 2025 continues to dim, with officials showing no urgency to turn the tide. On the weekend, new house... 

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Jon Hilsenrath: The Fed will cut by 50 bps

AI image Before Nick Timiraos, the WSJ Fedwatcher was Jon Hilsenrath. He left the WSJ last year but is still watching the Federal Reserve and weighed in today , saying the Fed will cut by 50 basis poi... 

Crude oil futures settles at $70.09, and back above a key retracement target

The price of WTI crude oil is settling at $70.09. The low for the day reached $68.68. The high for the day extended up to $70.66. Technically, the price low today stalled right near its 200-hour movin... 

Treasury yields stay on the floor as the market sees an end to high inflation

US 10 year yields The days of high yielding safe investments may be over for a generation. Jamie Dimon is continuing to warn about inflation but the bond market has moved on. Breakeven rates are below... 

ECB's Kazaks: Interest rates will continue to be lowered

The ECB cut rates last week but the market sees them holding steady in October with just a 28% implied probability of a cut. I think that would be a mistake.... 

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Latest Forex Orders

FX option expiries for 16 September 10am New York cut

There aren't really any to take note of on the day. As such, trading sentiment will rely more on the positioning flows in the run up to the FOMC meeting later in the week. The dollar is under pressure... 

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