Market News

Powell Hints Fed Will Need to Hike Rates Faster and Higher; Terminal US Rate of 6% In View; 2-Year Treasury Yield Hits New 15-Year High; US Dollar Hits 3-Month High, Stocks Tumble

Powell Speaking to Senate Today, Stock Market Watching for Rate Hints; RBA Sees Inflation Peaked; Swiss Inflation Higher Than Expected

Fed’s Bostic Wants Rates >5% Into 2024; US 2-Year Treasury Yield Hits 15-Year High; S&P 500 Index Flirts With 200-Day MA

Australia’s annualized inflation rate eased in January to 7.4%, but this is still the second-highest monthly year-on-year increase since records began back in September 2018.

Australian Inflation Drops Sharply; Chinese Stocks Soar; US 2-Year Treasury Yield Near Record High

Stocks, Risky Assets Make Minor Bounce Back; Yellen Forecasts Soft Landing; Uchida Emphasises Continued Easing for Japanese Economy

Asian Equities Trade Slightly Lower; US Dollar, Japanese Yen Firm; US 2-Year Treasury Yield Near Multi-Year High; Lagarde Sees 50bps Rate Hike

FOMC Minutes Show Open to Further 0.25% Hikes, Focus on Inflation; US Dollar Higher, Stocks Weak; 2-Year Treasury Yield Near Multi-Year High.

The Reserve Bank of New Zealand (RBNZ) has raised its interest rates by 0.50% to a 14-year high of 4.75% and signaled that there will be further rate rises to come in its attempt to combat high inflation.

S&P 500 Index Worst Day in 2 Months; US Dollar Higher; 2-Year Treasury Yield Near Multi-Year High; RBNZ Raises Rates by 0.25%

RBA Notes Cash Rate Remains Relatively Low; Stocks Lower, US Dollar Higher; US Treasury Yields Climb

Two FOMC Members Suggest Stronger Hike; Yen Awaits Ueda Testimony; Aussie Opens Week Stronger

Strong US Retail Sales; UK Inflation Drops; Australian Unemployment Worsens

Annualized inflation in the US has fallen for the seventh consecutive month in January to 6.4%, according to the Bureau of Labor Statistics (BLS).

US CPI Declines to Only 6.4%; Fed’s Williams Says “Work Not Yet Done”; US Dollar Firm; Stock Markets Mostly Lower in Asian Session.