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...
According to the FOMC Minutes, the two Federal Reserve policymakers who disagreed with the central bank's decision to keep interest rates the same last month were not joined by other policymakers in calling for lower rates at that meeting. Key Quotes Almost all participants at the Fed's July 29–30 meeting viewed it as appropriate to maintain the benchmark interest rate in the 4.25%–4.50% range. Participants noted it would take time to have more clarity on the magnitude and persistence of higher tariffs' effects on inflation. Participants assessed the impact of tariffs had become more...
In a post published on Truth Social on Wednesday (August 20th), US President Donald Trump urged Federal Reserve Governor Lisa Cook to resign, linking to a Bloomberg article titled "Trump Allies Urge Bondi to Investigate Fed's Cook Over Mortgages." "The Director of the Federal Housing Finance Agency (FHA) is urging Attorney General Pam Bondi to investigate Federal Reserve Governor Lisa Cook over two mortgages. This is the latest in a series of steps by the Trump administration to increase legal scrutiny of Democratic figures and officials." (alg) Source: FXstreet
The US Federal Reserve's decision last month to keep interest rates unchanged sparked a dissenting opinion from two leading central bankers who wanted to lower rates to prevent further labor market weakness. The outcome of the two-day meeting on Wednesday could indicate whether their concerns are being shared by other policymakers, potentially reinforcing expectations that borrowing cost reductions could begin next month. Even less than 48 hours after the conclusion of the Federal Open Market Committee (FOMC) meeting on July 29-30, data from the Labor Department appeared to confirm the...
Federal Reserve Chairman Jerome Powell is set to speak at the annual central bank symposium this week amid growing bets that a rate cut is nearly guaranteed next month. But Powell may defy expectations, refusing to cave as the final battle against inflation looms large, Scotiabank (TSX:BNS) Economics warned in a recent note. "The Fed has not won the last inflation battle given recent PPI and CPI readings and the requirement to have much more data given factors like residual seasonality and sampling deficiencies," Scotiabank said. The annual Jackson Hole gathering kicks off with informal...
Federal Reserve Chair Jerome Powell will give a speech on the economic outlook and the Fed's review of its policy framework next Friday at the Kansas City Fed's annual central banking conference in Jackson Hole, Wyoming, the Fed said on Thursday. Powell's speech comes as data showing some impact of tariffs on inflation but the job market is also slowing, a combination fueling expectations for the Fed to cut interest rates by a quarter of a percent when it meets next month. U.S. President Donald Trump wants lower rates and is looking for a replacement for Powell, whose term ends in...
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...