ECB’s Isabel Schnabel Foreshadows Rate Change at Sept. 8 Meeting
[ad_1] Jackson Hole ECB Talking Points ECB’s German economist Isabel Schnabel raises concerns about current Euro levels Schnabel’s Jackson Hole Economic Symposium comments sets hawkish tone Her comments portend a…
S&P 500, Nasdaq, Dow Snap Back
[ad_1] US Stock Market Key Points: The S&P 500, Dow and Nasdaq 100 sink as risk aversion gets more attention amid higher interest rate expectations and a stronger USD. No…
S&P 500, Dow Jones and Nasdaq 100 Finished Lower Following FOMC Minutes
[ad_1] US Stock Market Key Points: The S&P 500, Dow Jones and Nasdaq 100 posed a bounce after the release of FOMC minutes, which tempered into the close. Mixed corporate…
USDMXN Muted After Banxico Meets Expectations with 75 bp Hike
[ad_1] Banxico raises the overnight rate by 75 basis points to 8.5%, as expected The aggressive tightening comes after inflation reached its fastest pace in 21 years The USD/MXN reaction…
The Fed is Far from Done
[ad_1] FOMC Talking Points Interest rates can remain high for some time reflecting economic conditions Tightness in labor market does not support the idea of a current recession Future interest…