Daily Broad Market Recap – May 30, 2024
Revised U.S. economic growth data sent the U.S. dollar and other major financial assets all over the charts yesterday!
Read MoreRevised U.S. economic growth data sent the U.S. dollar and other major financial assets all over the charts yesterday!
Read MoreData releases from the U.S. showed weakness, which fired up interest rate cut bets for the Fed and weighed on the U.S. dollar.
Read MoreWe’ve got the U.S. core PCE price index (a.k.a the Fed’s preferred inflation measure) up for release this week! Will it support hawkish Fed bets or revive expectations for three interest rate cuts?
Read MoreThe Greenback was a big winner in the latest trading sessions, thanks to rising bond yields and some risk-off flows. Here’s what happened.
Read MoreThe U.S. is dropping its first revisions to the Q1 2024 GDP! Will it prompt Fed members to revisit their “higher for longer” stance?
Read MoreJust when it seemed that markets were in for another quiet run, volatility kicked in when U.S. traders returned to their desks after the Memorial Day holiday.
Read MoreThe Conference Board printed a stronger than expected consumer confidence reading for May while the previous month reading enjoyed an upgrade.
Read MoreWill April’s CPI reports convince more members to reconsider the option? More importantly, how might AUD react to the news?
Read MoreMajor forex pairs and asset classes still chalked up pretty good moves, despite the lack of top-tier releases in the latest sessions. Read on to find out how the markets fared.
Read MoreThe PMIs are out and now it’s time for key lagging indicators like inflation and GDP updates to take center stage!
Read MoreYour attitude determines your altitude.Zig Ziglar