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Thursday, September 5, 2024

American Market Recap: What would it take from non-farm payrolls to get a 50 basis point cut?

What would it take from non-farm payrolls to get a 50 basis point cut?

non-farm payrolls Ian Lyngen is a great fixed income strategist and today he weighs in on the huge bid in bonds and what it would take to make a 50 basis point cut as the baseline: "The Treasury marke... 

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BofA: We see three reasons for more USD downside after Aug selloff

BofA expects additional USD weakness following the August sell-off, citing historical patterns, valuation concerns, and shifting global financial conditions. Key Points: Historical Patterns: DXY Downt... 

US crude oil futures settled at $69.15

Crude oil futures is settling at $69.15 after trying to rebound for the first time in four trading days. It was not meant to be. The price is closing lower for the fourth consecutive day. The high for... 

Cable rises to the best levels of the week

GBP/USD daily The pound has made steady progress today and is now at the best levels of the week, despite a mixed picture for risk assets overall. It's up 36 pips to 1.3180, which is the best since Fr... 

Broadcom announces earnings after the close

Broadcom will announce earnings after the close. What is expected? EPS $1.22 Revenues $12.979 THe price of Broadcom - like other chip stocks - has been hit over the last few weeks of trading. From the... 

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FX option expiries for 5 September 10am New York cut

There are quite a number to take note of on the day, as highlighted in bold . The first ones are for EUR/USD and they are layered between 1.1060 through to 1.1100. The expiries are likely to help keep... 

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