The window dressing phenomenon is expected to again influence financial market movements throughout 2025, especially as each quarter approaches its close. This strategy is generally employed by investment managers to enhance portfolio performance in periodic reports, often encouraging the strengthening of risky assets such as stocks. However, this shift in sentiment also has different implications for hedge funds, particularly gold. Quarter One (Q1): Limited Pressure for Gold At the end of March 2025, Q1 window dressing tended to be moderate. Funds began flowing into blue-chip stocks after...
Federal Reserve Bank of Cleveland President Beth Hammack said she saw no need to change U.S. interest rates for months ahead after the central bank cut borrowing costs at its last three meetings, the Wall Street Journal reported on Sunday. Hammack opposed recent rate cuts as she is more worried about elevated inflation than the potential labor-market fragility that prompted officials to lower rates by a cumulative 75 basis points over the past few months, the report added. Hammack told the Journal that the Fed didn't need to change its benchmark interest rate, currently in a range between...
The Bank of Japan (BOJ) officially raised interest rates on Friday to their highest level in three decades. This move is a key part of the BOJ's efforts to end a long era of ultra-loose monetary policy and near-zero borrowing costs. As expected, the BOJ raised the short-term interest rate from 0.5% to 0.75% through a unanimous decision by policymakers. This increase underscores the BOJ's commitment to gradually normalizing its monetary policy. The market now awaits BOJ Governor Kazuo Ueda's press conference, scheduled for 3:30 p.m. local time, for further explanation and clues on the...
The Bank of Japan (BOJ) is expected to raise interest rates on Friday to a three-decade high, from 0.5% to 0.75%, signaling readiness for further increases beyond next year. This move demonstrates the BOJ's confidence that sustained wage increases will keep inflation around its 2% target, even as interest rates remain low by global standards. This hike is a key step in Governor Kazuo Ueda's efforts to normalize monetary policy in Japan, which has long been accustomed to extreme easing and near-zero interest rates. Markets are now focused on Ueda's post-meeting press conference for clues...
Federal Reserve Bank of Chicago President Austan Goolsbee said Thursday that recent inflation data is "good" and could pave the way for more interest rate cuts next year if the trend continues. "My view is that the settling point of rates is a fair bit below where it is today, and that by the end of next year we can, as long as we are hitting our marks on getting inflation back on path to 2%, I think that it's realistic that rates can come down a fair amount," Goolsbee stated in a Fox Business interview. Goolsbee was one of two officials who voted against the Fed's most recent rate cut. He...
Asian stock markets fell in unison on Thursday, following Wall Street's decline. A brief rally in tech stocks led by Nvidia quickly faded, prompting investors to turn away from riskier assets like...
Pasangan mata uang EUR/USD mengawali pekan ini dengan nada sedikit melemah di sesi Asia, diperdagangkan di sekitar 1,1730, turun kurang dari 0,10% dalam sehari. Meski terkoreksi, euro masih berada...
US President Donald Trump said on Monday that the United States may store and possibly sell oil seized off the coast of Venezuela in recent weeks, as Reuters reported on Monday.
Trump added that...