Research

MACRO 8h ago

Euro Slides as French Budget Vote Looms; Yield Spreads and US CPI in Focus

The euro weakened as France's budget vote approaches, widening the OAT-Bund spread and heightening political risk. Markets are also eyeing US CPI data, which could influence Fed policy and currency trends. Investors should brace for volatility in European assets and consider hedging euro exposure.

MACRO 8h ago

Pound Rally Fades, Dollar Strengthens Ahead of Key US CPI Data

The British pound's rally lost steam as the US dollar strengthened ahead of the highly anticipated US CPI report. Currency markets are in a holding pattern, with investors bracing for potential volatility across stocks, bonds, crypto, and commodities.

MACRO 8h ago

Fed’s Rate Pause Hinges on CPI: Core Inflation at 0.3% Could Derail Plans

The Federal Reserve's plan to pause rate hikes hinges on Wednesday's CPI report. A core inflation reading of 0.3% month-over-month could force another hike, impacting stocks, bonds, crypto, and currencies. Markets are on edge as investors await the key data.

MACRO 8h ago

Gold Stocks Under Pressure as Fed Hawkishness and Middle East Tensions Rattle Markets

Hong Kong gold mining stocks fell as hawkish comments from a Federal Reserve official and rising Middle East tensions created a tug-of-war between safe-haven demand and higher-for-longer interest rates. The sell-off highlights the complex interplay of monetary policy and geopolitics affecting gold, bonds, crypto, commodities, and currencies.

MACRO 8h ago

IMF Forecasts 3.1% Global GDP Growth for 2026: What It Means for Markets

The IMF forecasts 3.1% global GDP growth for 2026, a moderate pace that could support equities but keep bonds range-bound. Crypto and commodities may react to risk sentiment, while currencies face mixed signals. Investors should prepare for a 'goldilocks' scenario with lingering risks.

MACRO Google News - Macro 9h ago

Gold Slips on Firm Dollar as Investors Brace for U.S. Inflation Data

Gold prices dipped as a stronger U.S. dollar weighed on the metal, with investors eagerly awaiting the U.S. inflation data that could influence the Federal Reserve's rate decisions. A hot CPI print could strengthen the dollar and pressure risk assets, while a soft reading might revive hopes for rate cuts...

MACRO Google News - Macro 9h ago

Gold and Silver Slip in Early COMEX Trading: What’s Driving the Pullback?

COMEX gold and silver fell in early trade as a stronger U.S. dollar, rising Treasury yields, and profit-taking weighed on precious metals. The pullback highlights how sensitive bullion has become to rate expectations and currency moves, with implications for stocks, bonds, crypto, commodities, and currencies.

MACRO 20h ago

BofA Shocker: A Fed Rate Hike Now Would Be the Most Bullish Move for Markets

Bank of America argues that a Fed rate hike, not a cut, would be the most bullish move for markets right now, as it would restore credibility and reduce uncertainty. The contrarian call has implications for stocks, bonds, crypto, commodities, and currencies.

MACRO 21h ago

Fed Rate Hike Expectations Rattle Mortgage-Backed Securities, Bank Demand May Wane Further

Fed rate hike expectations are shaking the mortgage-backed securities market, with bank demand expected to weaken further. This could pressure stocks, bonds, crypto, commodities, and currencies, as investors reassess duration risk and liquidity.

MACRO 21h ago

Fed Hawks Sound Alarm: Red-Hot Manufacturing Demand Keeps Inflation Risk Alive

Fed officials issued hawkish warnings that strong manufacturing demand and persistent inflation could force rates higher for longer. Markets face cross-asset volatility as stocks, bonds, crypto, and currencies react to the shifted tone.

MACRO 22h ago

Fed Enters Blackout Period: Treasury Markets Eye Warsh Speech and Inflation Report

The Federal Reserve has entered its blackout period ahead of the October meeting, but markets remain focused on a speech by former Fed Governor Kevin Warsh and the upcoming PCE inflation report. These events could significantly influence expectations for interest rates and drive volatility across stocks, bonds, crypto, commodities, and...

MACRO 22h ago

Dollar Nears 18-Month High as Markets Brace for Fed Action

The U.S. dollar is approaching its 18-month high as markets anticipate a hawkish Federal Reserve and elevated Treasury yields. We analyze the potential ripple effects on stocks, bonds, crypto, commodities, and currencies, and outline key takeaways for investors.

MACRO 1d ago

China’s E-Bike Sales Stall as 3C Certificates Suspended; Gold Buyers Persist Despite Fed Rate Hike Expectations

China's electric bicycle sales have nearly halted due to a widespread suspension of 3C certification, impacting manufacturers and supply chains. Meanwhile, gold continues to draw buyers despite expectations of further Fed rate hikes, highlighting its safe-haven appeal.

MACRO 1d ago

Fed’s Hammack Sounds Inflation Alarm as Firms Stop Driving Hard Bargains

Fed official Beth Hammack warns that companies are no longer aggressively bargaining down prices, a shift that could make inflation stickier and delay rate cuts. Markets may need to brace for a higher-for-longer Fed, with implications across stocks, bonds, crypto, commodities, and currencies.

MACRO 1d ago

Tariffs and Freight Costs Erode Chinese Battery Price Advantage in North America

Chinese battery manufacturers are losing their price advantage in North America due to rising U.S. tariffs and elevated shipping costs. This shift could reshape the EV and energy storage markets, impacting stocks, commodities, and currencies. Investors should focus on supply chain diversification and local production strategies.

MACRO 1d ago

Gold, Silver, Oil Rally as Markets Brace for US September CPI on Wednesday

Gold, silver, and oil rallied last week as investors anticipate the US September CPI report due Wednesday. A hot inflation reading could strengthen the dollar and pressure commodities, while a soft print might boost stocks and crypto. Markets are on edge ahead of the key data.

MACRO 1d ago

Tariffs and Iran Conflict Backfire on US Manufacturers: Cost Pressures Mount

US manufacturers are grappling with the dual pressures of tariffs and the Iran conflict, leading to higher costs and supply chain disruptions. The market implications are broad, affecting stocks, bonds, crypto, commodities, and currencies, with energy and defense sectors likely to diverge. Investors should focus on diversification and inflation hedges.

MACRO Google News - Macro 2d ago

USD/KRW Eyes Lower 1,300 Range as US Inflation Data Takes Center Stage

The USD/KRW exchange rate is poised for a key test of the 1,300 won level as markets await U.S. inflation data. A soft CPI print could weaken the dollar and boost the won, while a hot reading would keep the pair elevated. This article analyzes the potential ripple effects across...

MACRO 2d ago

Fed Divided: Inflation and Energy Prices Spark Internal Debate

Internal disagreements within the Federal Reserve over inflation and energy prices have created uncertainty for markets. This article analyzes the potential impact on stocks, bonds, crypto, commodities, and currencies, and provides key takeaways for investors.

MACRO 3d ago

Fed Survey: Nearly 20% of US Households Missed Loan Payments, Debt Stress Highest Since 2013

A Federal Reserve survey shows nearly 20% of US households have missed loan payments, the highest since 2013. This signals rising consumer debt stress, with potential implications for stocks, bonds, crypto, commodities, and currencies as investors weigh recession risks and Fed policy shifts.