Diesel shortages and strong ISM data flag persistent inflation threat for gold and stocks
Diesel supply tightness and hot ISM price indexes signal entrenched inflation, threatening gold and stocks.
04/09/2026 02:4930 min read
Macro Rates
Kospi Rises on Fed Rate-Hold Hopes
South Korea's Kospi rose 1.14% on Friday after Fed's Waller signaled a rate hold. Jobs data awaited.
04/09/2026 02:269 min read
JPMorgan says $103 billion yen short could spark deeper slide in USD/JPY
JPMorgan warns a $103 billion yen short bet could accelerate USD/JPY losses below 155, though it doubts the rally will go much further.
04/09/2026 02:0111 min read
September Fed Rate Hike Odds Slip to 50/50 as Bitcoin Tests $82,000
Odds of a September Fed rate hike fell to 50/50 on Friday, reversing a 70% probability from a day earlier, as Bitcoin rallied near $82,000.
04/09/2026 01:588 min read
Gold whipsaws on rate bets, braces for payrolls test
Gold fluctuates near $4,475 as traders await US payrolls data after a volatile week driven by shifting Fed rate expectations.
04/09/2026 01:4115 min read
Understanding why currencies stay still after central bank remarks
Hansen's remarks contained no new information, so NZD didn't move. A flat currency response to central bank comments signals either that or a market that had…
04/09/2026 00:5211 min read
Japan's July household spending sees steepest fall since January 2024
Japan's household spending fell 3.6% in July from a year earlier, the biggest drop since January 2024. A September BOJ hike remains almost fully priced in, at…
04/09/2026 00:223 min read
Unpacking the myth of the magazine cover indicator in financial markets
The magazine cover indicator is widely misused but has a real mechanism worth understanding.
03/09/2026 23:5121 min read
Waller's Remarks Shift Fed Rate-Hike Odds by 12 Points in Minutes
Waller's comments triggered a 12-point drop in September rate-hike odds, as captured by CME FedWatch's live futures pricing.
03/09/2026 23:1125 min read
Waller's dovish remarks lift stocks, trim September rate hike odds
Fed's Waller says he would back holding rates steady if disinflation continues, sparking a stock rally and lowering short-term rate hike odds.
03/09/2026 22:3218 min read
Bitcoin-Gold Correlation Hits Highest Level in Six Years
Bitcoin’s correlation with gold hit a six-year high, per Bitwise, as debasement fears drive investors to both assets; bitcoin traded near $81,438.
03/09/2026 21:438 min read
Fed's Waller downplays rate hike bets; yen surges
Waller signaled no hurry to raise rates; yen jumped on suspected intervention.
03/09/2026 21:414 min read
August non-farm payrolls: consensus and recent data line up
August jobs report preview: consensus +56K, unemployment 4.1%, and trading implications.
03/09/2026 18:0310 min read
USDCHF Drops as Sellers Take Charge After Failed Bullish Break
USDCHF fell nearly 0.87% as sellers drove the pair below key moving averages following a failed breakout above resistance.
03/09/2026 17:1110 min read
Bitcoin Surges Past $81,000 as Trump Reportedly Considers Ending Iran Conflict
Bitcoin crossed $81,000 as reports suggest Trump may declare Iran war over, while Fed's Waller signals possible rate hold.
03/09/2026 16:4113 min read