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 Vice Chair Philip Jefferson said on Monday the U.S. central bank needs to "proceed slowly" with any further interest rate cuts as it eases policy towards a level that would likely stop putting downward pressure on inflation. In remarks prepared for delivery at a Kansas City Fed event, Jefferson said he agreed the central bank's quarter-percentage-point rate cut last month was appropriate, given increased risks to the job market and the likelihood that inflation risks "have declined somewhat recently." "The current policy stance is still somewhat restrictive, but we have...
Citing worries about inflation and signs of relative stability in the labor market after two U.S. interest rate cuts this year, a growing number of Federal Reserve policymakers are signaling reticence on further easing, helping push financial market-based odds of a reduction in borrowing costs in December to below 50%. As if to underscore the knife-edge decision, San Francisco Fed President Mary Daly - until now a firm supporter of the Fed's rate cuts - said on Thursday any decision about four weeks ahead of the next policy meeting is "premature." "I have an open mind, but I haven't made a...
Fed increasingly fractured over Dec rate cut Federal Reserve officials are growing increasingly fractured over whether to cut interest rates in December, the Wall Street Journal's Nick Timiraos reported on Tuesday. Timiraos who earned the moniker of the "Fed whisperer," said officials are split over what poses a greater threat to the economy sticky inflation or a sluggish labor market with recent delays in official data, due to a prolonged government shutdown, adding to this friction. The central bank had cut interest rates by 25 basis points in near unanimous decisions in September and...
Global financial market optimism has increased after the latest data indicated a strong chance that the Federal Reserve (The Fed) will cut interest rates in December 2025. According to the CME FedWatch Tool, the probability of a 25 basis point (bps) interest rate cut is now around 67 to 70 percent. This move is seen as a response to slowing US economic growth and pressure from fiscal uncertainty triggered by the government shutdown that lasted more than a month. Analysts believe that a moderate cut will help maintain economic momentum toward the end of the year without reigniting...
Federal Reserve Governor Stephen Miran said better-than-expected inflation data and signs of continued weakness in the labor market call for a third consecutive interest rate cut in December. In the absence of new economic information due to the government shutdown, a half-point cut next month is still "appropriate," Miran said Monday in an interview with CNBC. "At a minimum," he added, the central bank should lower rates by an additional quarter of a percentage point. "We have new inflation data that is better than expected, which would lead one to think that it would be reasonable to be...
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...