All episodes

Yesterday’s inflation data from the US didn’t go smoothly down the market’s throat. Instead, the stronger-than-expected set of inflation data dashed hopes of seeing the Federal Reserve (Fed) cut rates anytime in the first half of this year.
Honestly, one can tell you if June or July would be a better time for the Fed to start cutting. The data will decide when the time comes. Yet the incoming data shows a surprising strength in the US economy. Atlanta Fed’s GDP estimate, for example, prints a 3.4% growth for the Q1 – far from a number that would push the...

The week started on a positive note on this side of the Atlantic Ocean, and on a mixed note on the American side. Federal Reserve’s (Fed) Michelle Bowman said that the rates are in a good place to keep pressure on inflation and that there is no need to ease rates soon. Likewise, Richmond Fed’s Thomas Barkin said that they are ‘closing in on inflation’ but that they ‘are not there just yet’.
This being said, the New York Fed’s latest inflation survey came with a good surprise: the 3-year inflation expectations fell to the lowest level on record, to...

Last Friday’s inflation revisions in the US were insignificant and hinted that inflation in the US was about the same by the end of last year. The yields rose regardless but the S&P500 and Nasdaq renewed record as net short positions in the S&P500 increased on bets of imminent correction.
This week, the attention will be on the latest CPI updates from the US, the UK and Switzerland. Soothing US inflation should keep the doves in a state of near-euphoria.
Elsewhere, the positive trend of crude oil since the start of this year is becoming clearer, although the topside remains...

Appetite in risk assets remains robust. The S&P500 index shortly traded at the 5000 psychological mark before closing a few points below this level. The rally is not only fueled by rate cut expectations and AI speculation but is also backed – to some extent – by encouraging tech earnings from the stars of the league. Note that Apple, Microsoft, Alphabet, Amazon and Meta generated nearly $140bn cash from their operations last quarter. That was the highest on record.
The Bureau of Statistics will release the CPI revisions today, which consists of the revised month-over-month CPI figures for the past...

Hawkish comments from the Federal Reserve members continued to make the headlines in the US, yesterday, with Susan Collins, Thomas Barkin and a new Fed Governor Adriana Kugler, all saying the same exact thing: that there is no hurry for the US to cut the interest rates.
But knowing that the Fed is done hiking its rates and the expectation that the next move from the Fed will be a rate cut is enough to keep the market in a sweet spot. The US had a record-breaking auction for its 10-year bonds yesterday, where it sold $42bn worth of notes...

Is Ethereum making a comeback, just in time for the ETH ETF? The chart looks promising, but what are the developers working on that could make it to the comeback trade of the year?

00:00 Intro
00:21 Preview
00:38 Bitcoin
03:16 Ethereum
06:19 Chainlink
07:47 Subscribe & Good bye

#crypto #cryptonews #cryptotrading #swissquote

_____
Learn the fundamentals of trading at your own pace with Swissquote's Education Center. Discover our online courses, webinars and eBooks: https://swq.ch/wr
_____
Discover our brand and philosophy: https://swq.ch/wq
Learn more about our employees: https://swq.ch/d5
_____
Let's stay connected:
LinkedIn: https://swq.ch/cH

The selloff in US sovereign bonds reversed yesterday after a solid demand for the US 3-year bond auction counterweighed a bulk of hawkish comments from Federal Reserve (Fed) members.
The S&P500 eked out a small gains even though the New York Community Bank Corp plunged another 22% on Tuesday after Moody’s downgraded its rating to ‘junk’. In the bright spot was Palantir – a data analytics company, jumped 30% after announcing AI-related revenue earlier than thought. Their commercial revenue soared by 70% compared to the same time last year as the deal flow rose to a level that no one...

The selloff in US bonds extended to a second day on the back of crowded hawkish comments from Federal Reserve (Fed) members and on the surprising strength for the US economy. The US dollar extended its rally above the 100-DMA and equities retreated, except for Nvidia – Nvidia shares gained almost 5% to a fresh high after Goldman Sachs upped its PT to $800 per share. Tesla extended losses.
Zooming out, the OECD also warned central bankers that it’s certainly too early to declare victory on inflation because growth remains resilient, revised its US forecast higher and Euro area forecast...

Friday’s abnormally strong jobs data resonated like a bomb across the financial markets. The US economy added 353’000 nonfarm jobs last month versus the consensus of around 185’000 new job additions. The average wage growth unexpectedly accelerated to 4.5%, and the unemployment rate remained steady at 3.7%.
As such, a March rate cut from the Fed looks like a pipe dream. Activity on Fed funds futures now gives less than 20% chance for a rate cut to happen in March. And the probability of a May cut has fallen to around 70%, whereas the market was pricing a May cut...

Three US tech giants revealed their Q4 results yesterday, after the bell and the results were mixed. Meta jumped 15% in the afterhours trading, Amazon gained a bit more than 2.5% while Apple shares tumbled almost 3%. Today, Exxon and Chevron are due to announce how well they did last quarter.
On the macroeconomic front, the Bank of England (BoE) kept its rates unchanged yesterday but opened the door to rate cuts mentioning ‘good news on inflation’. Cable rebounded despite a dovish takeaway from the MPC meeting as the US dollar fell sharply despite better-than-expected ISM manufacturing survey. In the...