US 10-year yields fail at 2.40% again

The bond market just won’t break US 10-year yields are down 4.6 bps in the aftermath of the FOMC decision and press conference. The market wanted some kind of hint at a faster pace of rate hikes or genuine enthusiasm for the economy. Instead, Yellen promised the status quo. Now that might just be an […]

Yellen: We seem to be on a path of inflation moving up

Yellen on inflation We seem to be on a different path. Transitory factors are holding inflation down Before this year it was understandable why inflation missed target Low inflation could turn out to be something that’s more ingrained There could be a re-think of inflation and I think it’s important to watch carefully Most on FOMC […]

Yellen Q&A: We have characterized asset prices as elevated

Yellen comments We see ratios (like P/E) at the high end of historical valuations Economists don’t have a terrific record at valuing stocks We don’t see major financial risks, no worrisome buildup on leverage or credit I’m personally worried about the US debt situation The tax cut package is expected to add to the national […]

EURUSD test 1.18000 resistance area

100 day MA, 200 hour MA and 38.2% retracement at 1.1800 areaThe price is moving above the level as I type and trades at 1.1810.The 1.18287 is the next target. That equals the 50% of the move down (see chart above). That area is a key cluster. So the market will be looking to have the […]

Emas Naik ke $1255 Pasca Kenaikan Suku Bunga The Fed

Monexnews — Bank sentral AS (The Fed) sesuai prediksi banyak pihak menaikkan suku bunga sebesar 25 basis poin menjadi 1,50%. Namun harga emas justru menguat ke level tertinggi harian $1255.40 pasca keputusan tersebut. Kenaikan harga emas tidak lepas dari tidak adanya perubahan outlook perekonomian AS yang diberikan oleh The Fed untuk tahun depan. The Fed […]