Perceptions of broader business conditions remain in the negative territory….Read More
Tag: trading the news
Powell’s Jackson Hole Speech Takes Center Stage as Markets Brace for Impact
Daily US Dollar Index (DXY)This year, market reactions will largely depend on Powell’s tone and any hints about future policy direction. If Powell suggests a more dovish stance or signals…
EIA Natural Gas Storage Build Of +35 Bcf Exceeds Estimates
Natural gas retreats as traders react to the bearish EIA report….Read More
Powell Says Time Has Come For The Policy To Adjust
He noted that his confidence has grown that inflation was on the path to Fed’s 2% target. According to Powell, the Fed does not seek or welcome further cooling of…