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...
Fed Chairman Jerome Powell assessed that the US economy remains resilient: the job market is near its maximum, inflation has fallen well from its peak, but the balance of risks is shifting. In his speech on "Monetary Policy and the Fed's Framework Review" in Jackson Hole, he stated that current policy remains restrictive and that changes in the outlook could require policy adjustments. Powell outlined new challenges this year: higher tariffs in many trading partners, a slowdown in immigration that is depressing labor force growth, and changes in fiscal and regulatory policies. He emphasized...
US Federal Reserve (Fed) Chairman Jerome Powell is scheduled to deliver a speech titled "Economic Outlook and Framework Review" at the annual Jackson Hole Economic Symposium on Friday at 14:00 GMT. Market participants will be closely watching Powell's speech for new clues on the direction of monetary policy, particularly regarding the timing of the Fed's first interest rate cut this year and the potential scope and timing of subsequent rate cuts. Powell's remarks are expected to roil markets, triggering intense volatility around the US dollar (USD), as the world's most influential central...
Fed Chair Powell's looming speech at the annual Jackson Hole symposium will be the next catalyst for the U.S. dollar moves, says Joe Capurso, an economist at Commonwealth Bank of Australia. Still, don't expect Powell to give a clear signal in either direction. He is likely to keep his options open and wait for more data, Capurso says. But if Powell signals openness to an interest rate cut, expect the market to more fully price a September cut and the USD to fall modestly. A September cut is currently priced at about 70% which sets a high bar for Powell to 'out‑dove' the market, he...
Bets that the U.S. Federal Reserve will cut interest rates in September have dropped significantly over the past week, as markets prepare for Fed Chair Jerome Powell's speech at Jackson Hole on Friday. Last week, traders were pricing in a 99 percent chance of a 25 bps rate cut at the next Fed meeting. That is now down to 71.5 percent, according to Investing.com's Fed Rate Monitor Tool. The drop comes amid hotter-than-expected producer inflation data and some hawkish commentary from some Fed members. After a modest 0.3% July CPI number last Tuesday, last Thursday's red-hot monthly PPI of...
The Fed held rates steady at 4.25%–4.50% for a fifth straight meeting, as expected, but two governors dissented in favor of a cut the first such dual dissent since 1993. Policymakers observed that, while fluctuations in net exports continue to influence the data, recent indicators point to a moderation in economic activity in H1 contrasting with earlier assessments that growth was proceeding 'at a solid pace'. The Fed also said that the unemployment rate remains low while inflation remains somewhat elevated, and uncertainty about the economic outlook persists. The Fed reinforced that...
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...