Content
Expect A Financial Crisis In Europe With France At The Epicenter
Article By:
Mish Shedlock
Read
Wednesday, March 27, 2024 5:47 PM EDT
The EU never enforced its Growth and Stability Pact or Maastricht Treaty rules. The crisis is coming to a head with France and Italy in the spotlight. The first casualty will be Green policy.
In this article: EZU
Federal Reserve’s ‘Doomsday Book’ Reveals Vast Power Claimed By Central Bank
Article By:
Stefan Gleason
Read
Wednesday, March 27, 2024 2:23 PM EDT
After years of speculation, the Federal Reserve has released its so-called “Doomsday Book”—an internal document that outlines the vast power the central bank can claim during times of financial emergency.
Money Supply Dips For First Time Since November
Article By:
SchiffGold
Read
Wednesday, March 27, 2024 1:32 PM EDT
Money Supply is a very important indicator. It helps show how tight or loose current monetary conditions are regardless of what the Fed is doing with interest rates.
Rates Spark: Eurozone Bond Spreads Immune To Deficit Woes
Article By:
ING Economics
Read
Wednesday, March 27, 2024 1:06 PM EDT
Another test higher in market rates was ended by a stronger 5y UST sale. EUR rates proved more stable, but we will get first-country inflation data on Wednesday.
The Energy Report: API Surprise
Article By:
Phil Flynn
Read
Wednesday, March 27, 2024 11:50 AM EDT
The American Petroleum Institute (API) reported a massive 9.337-million-barrel increase in crude supply along with a much larger-than-expected 2.392-million-barrel increase in crude oil supply.
Australian CPI Falls, Japanese Yen Hits 34-Year Low
Article By:
Admiral Markets
Read
Wednesday, March 27, 2024 10:30 AM EDT
The week is relatively light in terms of financial data releases when compared to previous ones, as the Easter holidays will put some markets on hold on Good Friday.
How The Fed Is Juicing Stocks To Help The Biden Administration
Article By:
Graham Summers
Read
Wednesday, March 27, 2024 10:13 AM EDT
The Fed is supposed to be draining liquidity from the financial system via its Quantitative Tightening program. However, the Fed is also providing $155 billion in liquidity via its overnight credit facilities.
The Commodities Feed: Steel Demand In China Disappoints
Article By:
ING Economics
Read
Wednesday, March 27, 2024 10:05 AM EDT
The pick-up in Chinese steel demand remains slower than expected this year, continuing to weigh on steel profit margins and iron ore prices.
Financial Conditions Butt Heads With Borrowing Conditions
Article By:
Michael Lebowitz
Read
Wednesday, March 27, 2024 9:25 AM EDT
The Goldilocks economy, coupled with the end of the rate hiking cycle, has investors giddy, which eases financial conditions.
In this article: SPX
Riksbank Opens The Door To May Rate Cut
Article By:
ING Economics
Read
Wednesday, March 27, 2024 9:02 AM EDT
Sweden’s central bank has left the door wide open to a May rate cut should inflation data continue to look better. We now think the Riksbank will move a month earlier than the ECB, where we expect the first cut in June.
Sentiment Is Slowly Improving For The Eurozone Economy
Article By:
ING Economics
Read
Wednesday, March 27, 2024 7:35 AM EDT
The end of a long period of stagnation in the eurozone is getting closer as businesses are becoming more upbeat about the months ahead.
Japan May Conduct Currency Intervention Shortly
Article By:
JustMarkets
Read
Wednesday, March 27, 2024 6:45 AM EDT
The Japanese yen's gradual decline toward 152 per dollar for the first time since 1990 was enough for Japan's finance minister to immediately warn of "decisive steps" to tame "disorderly" moves.
What Stage Of The Recession Are We In?
Video By:
Jeffrey P. Snider
Watch
Wednesday, March 27, 2024 6:15 AM EDT
Employing a few critical data points it's easy to see how much of a divergence there already has been and what that likely means for the upcoming period.
Supply Chain Woes Rock The Boat
Article By:
Stephen Innes
Read
Wednesday, March 27, 2024 1:21 AM EDT
USDJPY lurched higher after the Tokyo and CNY Fix and is on a collision course to test 152.00, which is a big round number and a level of importance in many minds.