Wed, 18 Jun 2025 14:18:41 -0400
Trump declined to comment whether U.S. will join Israel in its military operation against Iran.
Wed, 18 Jun 2025 13:40:34 -0400
Wed, 18 Jun 2025 13:05:32 -0400
Wed, 18 Jun 2025 13:04:34 -0400
The Fed is expected to hold rates today, but soft jobs data and easing inflation point to a possible cut later this year—September or December in focus.
Wed, 18 Jun 2025 12:41:14 -0400
The major European indices are closing the day with mixed results. The German DAX and France's CAC are settling lower.
Wed, 18 Jun 2025 11:52:22 -0400
Spot Gold trading from demand ahead of the Fed rate announcement, which could turn out to be a ‘Nothing Burger'.
Wed, 18 Jun 2025 11:49:55 -0400
HMMM. There is no indication of any agreement but there are other distractions of course. There has been no Hasset or Lutnick or Bessent or USTR Greer comments this week.
Wed, 18 Jun 2025 11:48:08 -0400
United States 4-Week Bill Auction fell from previous 4.08% to 4.06%
Wed, 18 Jun 2025 11:35:51 -0400
The European Central Bank (ECB) announced that demand for Euro-denominated international bonds and loans increased 40% in 2024, reaching levels not seen since the global financial crisis. Euro-denominated bonds issued by US firms, known as "Reverse Yankees," surged to nearly $95 billion last year, compared to $60 billion in 2023, the ECB said in a recent report.
Wed, 18 Jun 2025 11:32:05 -0400
BOC Macklem is speaking and says: prospect for a new Canada – US trade deal offers hope that tariffs will be removed. Prospects for a trade deal is encouraging, and we are following developments closely cutting rates would be more difficult if recent firmness and underlying inflation persists.
Wed, 18 Jun 2025 11:17:19 -0400
Dollar edges lower after short-covering rally; traders await Fed decision and monitor Israel-Iran conflict for safe-haven flow impact.
Wed, 18 Jun 2025 11:07:52 -0400
The President earlier today said that he would start to auction off shorter-end and then issue long after rates come down. We will see.
Wed, 18 Jun 2025 11:03:32 -0400
Goldman Sachs (GS) and JPMorgan (JPM) are both outperforming the market on Wednesday morning ahead of the afternoon US interest rate decision by the Federal Reserve (Fed). JPMorgan and Goldman Sachs stock prices have risen 2.7% and 2.0%, respectively, at the time of writing.
Wed, 18 Jun 2025 10:56:01 -0400
The Japanese Yen (JPY) halts its three-day losing streak against the US Dollar (USD) on Wednesday, finding modest support despite a string of soft trade data. The Yen's resilience comes as the Greenback trades cautiously ahead of the Federal Reserve's (Fed) interest rate decision, helping the Japanese Yen regain some lost ground.
Wed, 18 Jun 2025 10:55:48 -0400
The natural gas market has been bullish in the early hours of Wednesday, as the war in Iran continues to threaten the idea of natural gas production in Iran. However, this time of year isn't the normal time for bullish prices.
Wed, 18 Jun 2025 10:41:13 -0400
Crude oil -11.473 million versus -1.794 million estimate Gasoline +0.209 million versus +0.627 million estimate. Distillates +0.514 million versus +0.440 million estimate Cushing -0.995M vs last week -0.403 million This article was written by Greg Michalowski at www.forexlive.com.
Wed, 18 Jun 2025 10:32:05 -0400
The crude oil market continues to see a lot of noisy trading, as the war in the Middle East will continue to drive fear into the markets, shown by massive spikes in pricing.
Wed, 18 Jun 2025 10:23:39 -0400
The weekly EIA oil inventory data will be released at 10:30 AM ET. The estimates show: Crude oil drawdown of -1.794M Gasoline build of 0.627M Distillates build of 0.440M The private data released after the close yesterday showed a surprisingly large drawdown of oil inventories: : This article was written by Greg Michalowski at www.forexlive.com.
Wed, 18 Jun 2025 10:23:30 -0400
Pres. Trump is starting his day by saying: if the Fed would lower rates we would be buying that for a lot less Powell probably will not cut rates today. Powell has done a poor job.
Wed, 18 Jun 2025 09:58:09 -0400