KASHKARI: IF US DEBT CONTINUES TO CLIMB, NEUTRAL RATE WILL CLIMB
Day: October 14, 2024
📰 FED’S KASHKARI: NEUTRAL RATE IS LIKELY HIGHER NOW THAN WHERE IT WAS PRE-PANDEMIC
FED’S KASHKARI: NEUTRAL RATE IS LIKELY HIGHER NOW THAN WHERE IT WAS PRE-PANDEMIC
📰 U.S. EMBASSY STRONGLY ENCOURAGES CITIZENS IN LEBANON TO DEPART NOW – STATEMENT
U.S. EMBASSY STRONGLY ENCOURAGES CITIZENS IN LEBANON TO DEPART NOW – STATEMENT
📰 CHINA MAY ISSUE 6T YUAN IN TREASURY BONDS: CAIXIN
CHINA MAY ISSUE 6T YUAN IN TREASURY BONDS: CAIXIN
📰 CRYPTO STOCKS RISE AS BITCOIN HITS TWO-WEEK HIGH 🔸 COINBASE GLOBAL UP 2.2%, BITFARMS UP 2.8%, MICROSTRATEGY UP 3.7% 🔸 RIOT PLATFORMS UP 1.5%, U.S.-LISTED SHARES OF HUT 8 MINING UP 3.3%, MARATHON DIGITAL UP 3.2% 🔸 PROSHARES BITCOIN STRATEGY ETF UP 2.6%, ISHARES BITCOIN TRUST UP 2.7%
CRYPTO STOCKS RISE AS BITCOIN HITS TWO-WEEK HIGH 🔸 COINBASE GLOBAL UP 2.2%, BITFARMS UP 2.8%,…
📰 $TSLA – TESLA SHARES UP 1.3% AFTER EVERCORE ISI HIKES PRICE TARGET
$TSLA – TESLA SHARES UP 1.3% AFTER EVERCORE ISI HIKES PRICE TARGET
📰 S&P 500 HITS INTRADAY RECORD HIGH, LAST UP 0.3%
S&P 500 HITS INTRADAY RECORD HIGH, LAST UP 0.3%
📰 DOLLAR KEEPS RISING AS FED IS EXPECTED TO CUT CAUTIOUSLY The dollar extends last week’s gains as markets expect the Fed to keep a gradual pace of interest rate cuts, broadly supporting the greenback. The ICE’s DXY gauge is up 0.3%, erasing around two months of losses. The broader WSJ Dollar Index rises 0.4%, also back to August levels. The dollar strengthens 0.5% versus the yen and 0.3% against the euro. Indicators due this week are unlikely to change the prospect that the Fed will cut by 25 basis points next month.
DOLLAR KEEPS RISING AS FED IS EXPECTED TO CUT CAUTIOUSLY The dollar extends last week’s gains…
📰 KASHKARI: FURTHER ‘MODEST’ RATE CUTS APPEAR APPROPRIATE
KASHKARI: FURTHER ‘MODEST’ RATE CUTS APPEAR APPROPRIATE