UK, Japan Budgets; Wary US Consumers
Chancellor of the Exchequer Rachel Reeves did enough in the UK budget to help her and Prime Minister…
First Light News: Delayed US Data and Fed Uncertainty Pressure Risk Assets
Stateside, the USD ended the session on the ropes. Technically, I see little in the way of support…
First Light News: US Government Reopens, Data to Return, and Australia Jobs Surprise
In terms of Fed rate-cut expectations, we have seen a moderate hawkish repricing, with 13 bps of easing…
The Week Ahead: Traders Await Fed Decision and Mega-Cap Earnings Reports
The rally marked the third consecutive weekly gain, supported by cooler September inflation that likely clears the way…
Jobs Shock Triggers Selloff, Fed Cut Odds Surge Ahead of September Decision
Daily Apple Inc Rate cut odds for September jumped from 40% to 75.5% following the report. Even strong…