US Dollar and Treasury Yields Focus on the Fed’s Meeting
After falling for two consecutive trading weeks, the US Dollar Index started this week on a stable note by moving higher on Monday.
Last week, the euro (FXE) closed at 1.17, appreciating by 1.7% against the US dollar (UUP). The currency has appreciated by more than 10% against the US dollar this year,…
The US bond market (BND) continued its impressive rally last week. The possibility of a slower pace of rate hikes from the US Fed boosted bond market sentiment. Bond yields…
The US Dollar Index (UUP) continued with its fall as investors preferred major peers. In the week ended July 21, the US Dollar Index closed at 93.78, falling 1.7% from…
Last week, volatility in global markets continued to trend lower as US markets, barring the Dow 30, closed on a positive note. In this series, we’ll analyze how different asset classes performed last week, and discuss their outlook.
The University of Michigan Consumer Sentiment Index is a measure of consumer expectations for future economic conditions. The index is prepared based on two different surveys.
In recent months, there’s been a lot of chatter about the flattening of the yield curve. The yield curve is constructed by plotting the yields of different maturities.
The Leading Credit Index is one of the constituents of The Conference Board Leading Economic Index (or LEI), which is reported by The Conference Board on a monthly basis.
Expectations for future growth are usually reflected in stock prices. Investors purchase stocks to benefit from the future growth of the companies in which they invest.
The number of building permits issued in June 2017 stood at 1.25 million, an improvement from May’s 1.17 million.
Nondefense Capital Goods Excluding Aircraft is the part of capital goods orders that excludes any defense purchases and aircraft. The Conference Board LEI includes these data.
The Institute of Supply Management (or ISM) New Orders Index indicates the number of new orders from customers.
In 2016, the global bond market offered low-to-negative yields with minimal returns from government bonds as well.
The US Dollar Index fell to ten-month low price levels in the second week of July and started the week ending July 21 on a weaker note.
On Friday, the US Dollar Index started the day with a weaker sentiment. It traded with weakness in the early hours on July 21.
In its July 2017 monetary policy statement on July 20, 2017, the Bank of Japan reported that it had left interest rates unchanged at -0.1%.
The dollar is weaker due to dented sentiment after Congress repealed the health care bill. The Empire Manufacturing Index also impacted the dollar.
Bond markets (BND) rebounded sharply after disappointing data on June retail sales and inflation (TIP).
The S&P 500 (SPY) index closed last week at 2,459.27, posting a weekly gain of 1.4%.
The US Dollar Index fell last week to the lowest levels in ten months. In the early hours on Monday, the US Dollar Index is trading with weakness.