In the her press conference for the June FOMC meeting held yesterday, Yellen mentioned that markets should expect slower progress in the labor market as a whole as the U.S. economy inches closer towards full employment. While there might be some ...

Powerful Financial Media HERE!

May's Philadelphia Fed composite index shows confined sluggishness in the U.S. economy, as both new orders and employment fell last month. The index is now lower YTD. Both metrics are in their respective downtrends since 2014 and are currently deep ...

Powerful Financial Media HERE!

For the first time ever, 30-year Swiss government bonds trade at a negative yield. What more do we need to say other than "good luck in diffusing this time bomb"? Deutsche Bank's Jim Reid follows up with yesterday's note describe what the credit ...

Powerful Financial Media HERE!

USDJPY alongside other yen crosses are absolutely tanking this Thursday. We have already reported much about the BoJ's inaction in today's press conference, and it isn't exactly the first time the bank has stunned markets by its stubbornness in ...

Powerful Financial Media HERE!

The post June FOMC market madness is still ongoing. The U.S. dollar has been a volatile mess against other currencies, but a one way street lower against the precious metals complex (gold & silver the prime examples). Bond yields have crashed, with ...

Powerful Financial Media HERE!

Just like the Fed chose to do nothing 15 hours ago, the Bank of Japan (BoJ) followed closely in the same footsteps by choosing also to maintain its current stance of loose monetary policy, keeping rates negative as they already were and maintaining ...

Powerful Financial Media HERE!

What happens on the first 100 days should the UK vote to leave the European Union? Everywhere you look, there are potential consequences if Brexit happens. Is this why the fear is so real in Europe? Bloomberg has the full story of analysis: Before ...

Powerful Financial Media HERE!

The aftermath 2 hours after a more dovish than expected Fed, no rate hike, increasingly cautious language, heightened ambiguity, dangling they of a potential hike at any and every "live" FOMC meeting... Everything started to turn when ...

Powerful Financial Media HERE!

As it seems, China's tremendous credit expansion from the first quarter of 2016 is now ancient history. As Zero Hedge reports, "after the creation of $1 trillion in aggregate credit, or Total Social Financing, in just the first three months of ...

Powerful Financial Media HERE!

Like how "smart money" flipped to net buyers of U.S. equities 2 week ago only to flip back to become net sellers last week, U.S. crude production has declined once again after posting its first weekly increase in 21 weeks (last week's DoE report). ...

Powerful Financial Media HERE!

As you analyze the latest Fed "dot plot", Yellen is busy jawboning markets into a frenzy, doing what she does best: Baffling with bulls*** when things get tough. What she cannot jawbone over is the fact that FOMC members are now collectively more ...

Powerful Financial Media HERE!

Updated market reaction after no hike decision in June FOMC. In this case, it's obvious that dollar weakness doesn't equate to strength in risk as stocks are fading after spiking initially. USD containers to be weak while gold and bonds March ...

Powerful Financial Media HERE!

[Zoom in for ultra large image] Post the uneventful June FOMC meeting where the Fed kept rates unchanged as expected, markets are going berserk. In short, the initial reaction has been broad based dollar weakness, strength in anti-dollar assets such ...

Powerful Financial Media HERE!

As expected, the Fed left its target rate unchanged at 0.25-0.50% in June. Dollar knee jerks lower in the statement release. Markets are awaiting Yellen's presser and Q&A session in 30 minutes time. #Forex #Stocks #Trading #Investing #Economy #Money ...

Powerful Financial Media HERE!

We're just 4 minutes before the release of the June FOMC statement and interest rate decision, so we present this chart plotting the VIX (S&P 500 implied vol) against its underlying market. Here you can see that the SPX is trading very rich to where ...

Powerful Financial Media HERE!

China continues to export a lot of deflation to the rest of the world, including the U.S., causing producer price inflation to remain much colder than they were 2 years ago. Core PPI inflation came in at a meager +1.2% YoY in May, and although the ...

Powerful Financial Media HERE!

Industrials are the bane of the U.S. economy. Softness in industrial production, lagging industrial stocks, slowdown in various industrial coincident I flavors all point to this fact. May saw IP fall by -1.4% YoY and -0.4% MoM, both missing ...

Powerful Financial Media HERE!

What do record low yields, rising global financial stress levels say about everything? A hint would be "all isn't well". Record low Japanese, German, and Swiss yields indicate distrust in central bankers' ability to keep the asset inflation cycle ...

Powerful Financial Media HERE!

Fed & BoJ To Troll Markets This Week There's never been a central bank more thuggish than the Fed. First, it delayed hiking rates by more than 11 months, only doing so once in December by a tiny 25bp. Remember the vicious cycle of "promising to ...

Powerful Financial Media HERE!

Fed & BoJ To Troll Markets This Week There's never been a central bank more thuggish than the Fed. First, it delayed hiking rates by more than 11 months, only doing so once in December by a tiny 25bp. Remember the vicious cycle of "promising to ...

U.S. Federal Reserve to Hike Rates In June?