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...
The Fed is expected to cut the federal funds rate by 25bps at its October 2025 meeting, bringing its target range to 3.75%–4.00%. A similar cut is expected in September, which would lower borrowing costs to their lowest level since 2022. Markets will be closely watching the December guidance, although policymakers are not expected to provide significant new insights. The policy backdrop has become increasingly uncertain amid the government shutdown, which has delayed the release of key economic indicators. Among the limited data available, the CPI report showed headline inflation edged up...
U.S. President Donald Trump on Tuesday said there was a long list of people who could take over the Federal Reserve, slamming current chairman Jerome Powell as the central bank prepared to meet this week. "We have an incompetent head of the Fed... we got a bad Fed guy, but he'll be out of there in a few months, and we'll get somebody new," Trump told business leaders at a dinner in Tokyo during his week-long trip to Asia. Powell's term ends in May. The Republican president added that he had wanted Scott Bessent to take over the U.S. central bank but that his Treasury chief declined: "I'm...
Federal Reserve policymakers are widely expected to reduce U.S. short-term borrowing costs this week by a quarter of a percentage point for the second time this year as they look to prevent further slowing in the labor market. Odds are it won't be the last of the series. Climbing unemployment insurance claims suggest that labor market demand continues to cool, even as the government shutdown delays publication of most official economic statistics, including the unemployment rate, last estimated at 4.3% in August. Milder-than-expected inflation readings, including last week's report that...
Federal Reserve policymakers are widely expected to reduce U.S. short-term borrowing costs this week by a quarter of a percentage point for the second time this year as they look to prevent further slowing in the labor market. Odds are it won't be the last of the series. Climbing unemployment insurance claims suggest that labor market demand continues to cool, even as the government shutdown delays publication of most official economic statistics, including the unemployment rate, last estimated at 4.3% in August. Milder-than-expected inflation readings, including last week's report that...
Following the final October meeting (October 28–29, 2025), the FOMC calendar still lists December 9–10, 2025. This means the Fed could technically still act once more this year. Market and economist expectations, according to surveys and money market prices, still position a high probability of a cut in December in addition to October. Several major economists also still project two cuts before the end of the year. Powell hinted that monetary policy tightening could end within a few months. This is a looser tone and is compatible with further policy easing if accompanied by supportive...
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...