Wed. Jul 3rd, 2024
  • Trump's Potential Return: Morgan Stanley Predicts Interest Rate Shakeup
    Morgan Stanley analysts suggest that a potential Trump victory in the upcoming presidential election could significantly impact interest rates. While rates remained low during Trump's previous term and the early Biden administration, they surged in 2022 due to inflation caused by various factors. Now, with moderating inflation and economic growth, the focus is on when […]
  • Supreme Court Boosts Dollar Outlook with Trump Immunity Ruling
    The US dollar has strengthened following a Supreme Court ruling that grants former President Donald Trump partial immunity from criminal charges related to the 2020 election. This decision reduces the likelihood of a trial before the November presidential election, increasing the perceived chances of a second Trump term. Traders anticipate that Trump's potential trade policies […]
  • ECB's Lagarde: Services Inflation Need Not Hit 2% for Rate Cut Considerations
    European Central Bank President Christine Lagarde has stated that services inflation doesn't need to reach the 2% target for the ECB to consider interest rate cuts. While overall euro-zone inflation has moderated to 2.5%, services inflation remains high at 4.1%, largely due to wage pressures. Lagarde emphasized the need to balance goods and services inflation […]
  • Fed's Goolsbee Signals Readiness for Rate Cuts as Inflation Eases
    Federal Reserve Bank of Chicago President Austan Goolsbee suggests that the Fed should consider cutting interest rates if inflation continues to decline towards the 2% target. Speaking at an event in Portugal, Goolsbee emphasized that maintaining current rates while inflation falls effectively tightens monetary policy. He believes inflation is on track to reach the 2% […]
  • Powell's Speech and Job Data in Focus as Dollar Climbs on Yield Surge
    U.S. Treasury yields are bolstering the dollar, putting pressure on low-yielding currencies like the Japanese yen and Chinese yuan. This trend is driven by expectations of a Trump presidency leading to higher tariffs and government borrowing. Investors are closely watching Federal Reserve Chair Jerome Powell's upcoming speech and U.S. job openings data for further market […]
  • Small Business Bankruptcy Relief Shrinks as Subchapter V Expansion Expires
    The expiration of the Subchapter V bankruptcy protection filing, which made it easier for small businesses to seek relief, will now complicate the process for those with more than $3 million in debt. This filing type, introduced in 2020 and temporarily expanded during the pandemic, offered a cheaper and less time-consuming alternative to traditional Chapter […]
  • Gold and Silver Set to Soar? Impact of Interest Rate Cuts Explained | Tavi Costa & Alan Hibbard
    In this insightful video, Alan Hibbard and Tavi Costa of Crescat Capital delve into the potential impacts of interest rate cuts on gold and silver
  • U.S. Labor Market Cools, Sparking Economic Concerns for Fed Officials
    The U.S. labor market is showing signs of cooling, raising concerns among economists and Federal Reserve officials about potential economic challenges ahead. Key indicators such as fewer job openings, decreased employee turnover, and a slight uptick in unemployment suggest the end of the post-pandemic tight labor market. While strong hiring has helped the economy withstand […]
  • Gold Market at Crossroads: Record Prices Deter Chinese Buyers
    Gold prices have retreated slightly from record highs but remain above $2,400 per ounce, supported by safe-haven demand and expectations of U.S. interest rate cuts. However, China's gold imports have slowed significantly, with April purchases dropping 30% from March due to record prices and seasonal factors. This decline affects both investor and central bank demand […]
  • Incrementum: The Gold/Gas Ratio 2024
    As Americans prepare for Independence Day celebrations and the start of the summer travel season, they face significantly higher gasoline prices compared to previous years. Since 2016, gas prices have nearly doubled, and they've almost quadrupled since 2000. Although prices have eased slightly from the record highs of mid-2022, they remain historically high for US […]