AskTraders

In focus today In the euro area, we expect the ECB to deliver a 25bp rate cut. Although that is the consensus, markets price in around a 15% probability of a 50bp cut this morning according to Reuters. Rather than focusing on the size of the rate cut, we should focus on where the policy rate will en

A key economic report coming Wednesday is expected to show that progress has stalled in bringing down the inflation rate, though not so much that the Federal Reserve won't lower interest rates next week. The consumer price index, a broad measure of goods and services costs across the U.S. economy, i

The Dollar and metals drifted to end the week. China is buying Gold again! Good Day... And a Marvelous Monday to you! WOW! What a whirlwind weekend of events, that ended with my beloved Mizzou Tigers beating Kansas ( Our bitter rival) in basketball yesterday. We had dinner with Alex and Grace at Gra

Asian equities stumbled out of the gats as China's November inflation readings failed to perk up despite a cascade of stimulus efforts, signalling a persistent chill in consumer demand. Japanese markets managed a modest climb as economic growth figures got a positive nudge upwards, offering glint of

President-elect Donald Trump, keeping with his promise for a crypto-friendly administration, plans to nominate former SEC Commissioner Paul Atkins to head the agency, according to his Truth Social post. Currently the CEO at Patomak Global Partners, Atkins is a well-known veteran of the financial wor

Federal Reserve (Fed) Board of Governors member Adrianna Kugler hit the wires on Tuesday, reiterating her position that the Fed's progress on inflation is still underway, noting that the Fed isn't going to concern itself from possible policy changes under incoming President Donald Trump in the month