Hike priced in but its the commentary that follows about weak economy and demand plus high inflation equals stagflation in Australia which is the worst case scenario for them

Statement by Michele Bullock, Governor: Monetary Policy Decision

Agreed I did say this about 2 months ago... the FED is officially out of Ammo, the further increase rates = we will have the next great DEPRESSION, they keep it higher for longer... we have the next great DEPRESSION, they do rate cuts... welcome ...

The Employment Situation -- October 2023

Yeah unfortunately most donkeys don't understand the macro that we literally have Stagflation in the US, the economy is weakening, whilst Inflation is going up again. But there you go, the market is usually more irrational than people can stay ...

The Employment Situation -- October 2023

Shock horror, previous NFP revised down, horrible number this time around, which will be revised lower next month... Wages down, unemployment up, and participation down. We are in for a treat from the US.

The Employment Situation -- October 2023

UBS to collapse in 2024, calling it now.

Swiss Regulators, Banks Discuss Measures to Prevent Bank Runs; Bank Measures Could Include...

These clowns are more and more incompetent, instead of fighting the energy inflation war by trying to get new deals with Asia/Pacific, they think interest rate hikes will help bring inflation down... yes to some extent, but they have just demolished ...

ECB's Nagel: There will be economic growth again in Germany in 2024

The FED knows it's out of Ammo if inflation carries on going up (which it will) US is in huge trouble.

Federal Reserve issues FOMC statement

That would be on the first day, that pair is dropping to 130 within 1 month.

Japanese Fireworks Continue as the Market Turns to the FOMC

If ADP comes out hot, and the numbers are actually good, then Yen is going to get absolutely pummeled, but if we see a very poor ADP number or the number is high but it's mostly temp jobs then we are in for a temporary ride (until NFP comes out)

Japan Faces Speculators on Two Sides as Yen, Bonds Struggle

Yen is far from being on All time lows and I think they are honestly waiting for that to happen before they react. The impact that Japan will have on the world should they move away from negative rate will be astronomical, especially in ...

Japan Currency Diplomat Kanda: Can't Explain FX Moves by Fundamentals: Concerned About...

This surely has to stop, are they seriously Incompetent, the only thing that is helping Japan is the fact that they are net Creditor... otherwise they would be more ruined than the US.

BoJ Offers To Buy JPY100 Bln In 3-5Y JGBs, JPY300 Bln In 5-10Y In Unscheduled Operation

BOJ are known for 'leaking' information prior to the actual meeting, the things with news like that, should they not normalise the policy or even hint at it, Yen is going to absolutely get pummeled.

BOJ to debate Readjusting YCC on Tuesday: Nikkei

Even if they normalise the policy and go away from negative rates, it's game over for the dollar.. Even though Japan has more GDP to DEBT Ratio, Japan is a net creditor, where as US is a net borrower, and Japan is actually insanely wealthy with ...

BOJ to debate Readjusting YCC on Tuesday: Nikkei

When yields hit 1% Yen will really sky rocket... It will be the beginning of the end for the Dollar as the king.

JGB yields hit new decade-highs as speculation on YCC tweak grows

Well, yeah that too, Biden is basically giving people a wage without working, which is absolutely insane. That's another story.

Unemployment Insurance Weekly Claims

Again devil in the details on this one, continuous jobless claims rising, that's way worse for the economy, people can't seem to be finding jobs. - People do not seem to understand this it seems.

Unemployment Insurance Weekly Claims

Hard to say with those numbers, I would like to see credit spending for this month - but most likely that is at ATH, so these numbers are what they are. EDIT:The more I am reading about those Retail sales being up, I am strongly believing that it's ...

US retail sales rose 0.7% in September, much stronger than estimate

You're incorrect, stagflation doesn't mean recession, please actually read what stagflation is before commenting "persistent high inflation combined with high unemployment and stagnant demand in a country's economy." So we have increasing ...

Consumer Price Index - September 2023

Welcome to Stagflation ladies and gents!

Consumer Price Index - September 2023

I doubt she will be alive for another term same as sleepy Joe, both should have been impeached months ago, US no longer has the backbone it once had like in Raegan times.

Yellen: We must continue to impose severe and increasing costs on Russia to ensure it pays for...