Dovish Draghi Dominates Powell As Dollar Spike Wreaks Global Havoc
That was a week... Total chaos in FX, debt, and commodity markets and the S&P 500 ends .....»»
Dovish Fed Sparks Safe-Haven Scramble For Bonds & Bullion As Traders Dump Dollar
Powell: "There was not much support for cutting rates now at this meeting. It would be better to see more before moving.....»»
Global Markets Drift Amid Concerns The Fed May Disappoint
After yesterday's torrid, euphoric surge on the back of Draghi's dovish deluge and Trump's announcement of a G-20 meeting w.....»»
Forget Draghi, Focus On Fischer - Politically-Motivated Powell Exposed
Authored by Bloomberg's Richard Breslow, Fischer, Not Draghi, Will Be The Enduring Story ECB President Mario Draghi garnered the lion’s share of yesterday’s headlines with his uber dovish speech at the Sintra b.....»»
Global Bond Yields Are Crashing(er)
Between Draghi's promises, Trump's threats, and the stock market's pressure on Powell, global bond yields are collapsing this morning. Let's start with US Treasuries. 10Y yields have crashed to a 2.01% handle... (lowest sin.....»»
Dovish Powell Slams Yields, Dollar As He Opens The Door For More "Unconventional" Measures
One day after James Bullard opened the door for the "patient" Fed to start cutting rates and sending yields and the dollar sliding, moments ago the Fed Chair doubled down on dovishness when in.....»»
Dented Fed rate cut hopes drag on stocks; dollar, yields climb
Global equity markets declined for a second straight day on Thursday while the dollar and bond yields rose after comments from Federal Reserve Chairman Jerome Powell caused investors to lower expectations for a rate cut by the U.S. central bank this year......»»
Global stocks fall, dollar, yields climb as Fed rate cut seen less likely
Global equity markets declined for a second straight day on Thursday while the dollar and bond yields rose after comments from Federal Reserve Chairman Jerome Powell caused investors to alter expectations for a rate cut by the central bank this year......»»
Global stocks fall, dollar, yields climb as Fed seen less likely to cut rates
Global equity markets dipped for a second straight day on Thursday and the dollar and bond yields rose as the Federal Reserve was now seen as less likely to cut U.S. interest rates this year in the wake of comments from Chairman Jerome Powell......»»
World stocks fall, dollar gains on Powell comments
Global equities lost ground on Wednesday, snapping a three-day winning streak after the U.S. Federal Reserve held rates steady as expected but comments from Fed Chairman Jerome Powell cast doubt on whether the central bank's next move would be a rate cut......»»
Currencies: Dollar index hits a near 2-year record as global central banks turn dovish
The U.S. dollar opened higher on Thursday, with a popular gauge of its strength rising to its highest level since May 2017......»»
Currencies: Dollar extends march higher as global central banks turn dovish
The U.S. dollar opened higher on Thursday, with a popular gauge of its strength rising to its highest level since May 2017......»»
A Global Rally Killer Has Emerged In China
Back in early October, the market catalyst that killed the US rally and sent stocks tumbling into a brief bear market after Powell warned that the neutral rate was a "long way away", was the sudden spike in yields, which surged above 3.3%, brea.....»»
Recession Signs Everywhere
Authored by John Mauldin via MauldinEconomics.com, This month, the Federal Reserve joined its global peers by turning decisively dovish. Jerome Powell and friends haven’t just stopped tightening. Soon they.....»»
Metals Stocks: Gold scores highest finish in 3 weeks as economic data feed global growth worries
Gold settles higher, overcoming a stronger U.S. dollar as investors reacted to global growth fears that were underlined by a round of downbeat economic data, as well as the Federal Reserve’s dovish tone earlier this week......»»
Metals Stocks: Gold modestly higher as worries over global growth continue
Gold continues to push higher, overcoming a stronger U.S. dollar as investors reacted to global growth fears that were underlined by a round of downbeat economic data, as well as the Federal Reserve’s dovish tone earlier this week......»»
Wall Street powers world stocks; dollar up on Brexit woes
Wall Street led global stocks higher on Thursday on the back of upbeat economic data, while the dollar rallied despite the Federal Reserve's uber-dovish stance as Brexit worries weighed on the euro and sterling......»»
Plunge-Protectors Rescue Stocks & The Dollar; Bonds & Bullion Not Buying It
After The Fed folded in the most aggressively dovish manner ever, the dollar and stocks rebounded heroically today - as if nothing had happened - while Treasury yields shrugged off the plunge protection team's plans and reflected Powell's cl.....»»
Dovish Fed shift lifts Asian shares, dollar nurses losses
Shares in Asia rose on Thursday after the U.S. Federal Reserve took a more accommodative stance at its policy meeting, but concerns over slowing global growth and U.S.-China trade talks are expected to limit gains......»»
The Tell: Uncertainty and weak global economic data are keeping the U.S. dollar buoyant
Economic weakness and uncertainty abroad have bucked up dollars over the past week and year, a trend that is likely to continue, despite a dovish pivot from Federal Reserve, said strategists at Bank of America Merrill Lynch in a recent note......»»
Global Stocks, Dollar Slide As Nervous Traders Eye US-China Trade Talks
It has been a confusing 24 hours, with US futures slumping after yesterday's unexpectedly hawkish-yet-dovish FOMC, which first slammed the dollar, then sent the USD surging, and sparking an equity selloff even as rates remained relatively unchanged. .....»»