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Monday, December 2, 2024

American Market Recap | Waller Q&A: Average inflation target framework "blew up" very quickly

Waller Q&A: Average inflation target framework "blew up" very quickly

More from the Fed Governor: Avg inflation targeting framework was very backward looking and "blew up" very quickly People are still trying to figure out what the current framework actually means; simp... 

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Fed's Waller speech: 'I lean towards supporting a cut in December'

Christoper Waller This is dovish stuff from Waller, who is the most-hawkish governor. To me, it makes it highly likely we will get a cut this month even if the jobs report is hot. One could argue a ca... 

Goldman Sachs: We expect Trump's tariff increase to fuel USD strength in 2025

Goldman Sachs anticipates President-elect Trump's proposed tariff hikes—expected to be double the size of the previous round—combined with tax cuts, to significantly bolster the USD in 2025, despite i... 

France no-confidence vote likely to come on Wednesday

French left and right wing parties have both pledged to bring down Michel Barnier's government and Reuters reports that the vote is likely Wednesday. The move comes after Barnier and Macron tried to u... 

Bitcoin falls to the lows of the day, breaks $95,000 to the downside

There is a divergence unfolding with the Nasdaq up 1% but bitcoin now at the lows of the day, down nearly 3%. Bitcoin had showed some strength early in US trading but couldn't crack $97,500 and seller... 

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Latest Forex Orders

FX option expiries for 2 December 10am New York cut

There aren't any major expiries to take note of on the day. The larger ones for EUR/USD are seen a distance away, especially with a more bullish dollar to start the new week. That owes to Trump's thre... 

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