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 Governor Christopher Waller said Wednesday that the Fed is in no rush to cut interest rates, given the current outlook, according to Reuters. Key points: "The job market is very weak, job growth is not good right now." "The Fed's rate cuts have helped the job market." "2026 could be a better year for the economy, hopefully, that helps the job market." "Inflation is above target but should come down in the next few months." "Inflation expectations are under control." "We don't know yet what AI will do to the job market." "There won't be a reacceleration of inflation." "The job...
US President Donald Trump is scheduled to interview Federal Reserve Governor Christopher Waller on Wednesday. The interview is said to be part of the selection process for the top position at the US central bank, according to sources quoted by the Wall Street Journal. Waller's name joins a list of candidates Trump has previously interviewed, including National Economic Council Director Kevin Hassett and former Fed Governor Kevin Warsh. Waller is known as one of the Fed officials more open to policy easing, having supported interest rate cuts last July, citing a weakening labor market. A...
New York Federal Reserve President John Williams said on Monday the U.S. central bank's interest rate cut last week leaves it in a good position to deal with what lies ahead, adding that he sees inflation moderating amid cooling in the job market. "Monetary policy is well positioned as we head into 2026," Williams said at an event held by the New Jersey Bankers Association in Jersey City. With the recent easing, the rate-setting Federal Open Market Committee "has moved the modestly restrictive stance of monetary policy toward neutral." Williams said it is "imperative" to get inflation back...
Federal Reserve Chairman Jerome Powell attributed the surge in inflation above the 2% target to the import tariffs imposed by President Donald Trump. In a press conference following the FOMC meeting, Powell explained that much of the current "excess" inflation stems not from overheated demand, but from rising prices of imported goods due to higher import duties. The central bank views the effects of these tariffs as a one-time price spike, rather than persistent inflationary pressures, although their impact is still being felt in current data. Powell emphasized that if tariffs are excluded,...
The Federal Reserve on Wednesday said that it would start buying short-dated government bonds to help manage market liquidity levels to ensure the central bank retains firm control over its interest rate target system. The technically oriented purchases will commence on December 12, the central bank said as part of the policy announcement associated with its latest Federal Open Market Committee meeting. When it begins buying, the initial round will total around $40 billion in Treasury bills. The Fed said in a statement that its buying "will remain elevated for a few months to offset...
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...