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Dollar rallies across the board after higher-than-expected CPIs. Investors scale back their rate cut bets, get closer to Fed’s dot plot. Dollar/yen surges above 150, triggers intervention warnings. Pound extends declines after UK CPIs, awaits tomorrow’s GDP.
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Peter McGuire XM.com speaks with Bloomberg Radio - Asia Daybreak program with NY anchors Bryan Curtis and Doug Krizner.
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Wall Street eases from highs as investors on standby for US inflation
update. Dollar supported as yields crawl higher, yen resumes slide. Pound
lifted by strong jobs data; Bitcoin soars above $50,000.
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Fading rate cut bets fail to deter tech rally as S&P 500 tops 5,000. Relief as no major changes in annual US CPI revisions, January report eyed next. Dollar drifts sideways in thin trading amid holidays across Asia.
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Yen gets mauled as traders lose confidence in BoJ tightening cycle. Dollar
set for fourth week of gains, inflation revisions today may be crucial. Oil
prices soar, stock markets take a breather but still at record highs.
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All eyes on US CPI on Tuesday after run of strong data. Retail sales on the agenda too for the US dollar. Pound on standby for UK data flurry, including CPI and GDP. Japanese GDP coming up too.
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Dollar extends retreat as traders await next catalyst. Yen slides as BoJ signals no rush to raise interest rates. Chinese markets supported by more stabilizing efforts. Wall Street rallies, gold holds steady, oil gains.
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Dollar slides, but uptrend remains intact. Kiwi gains on China news and New Zealand jobs data. Aussie also higher as RBA maintains tightening bias. Wall Street trades in the green, gold rebounds.
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Gold edges lower, dollar shines after another round of rosy US data. Australian dollar recovers on RBA decision and China stimulus hopes. Shares on Wall Street lose momentum, but remain near record highs.
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Surprisingly strong US employment report sends dollar higher. Stock
markets hit new record highs despite Trump’s tariff threats. Oil comes
crashing down, ISM data and RBA decision coming next.
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