Posts Tagged ‘BTC analysis’

The US Payroll increased by 263K in November, while the unemployment rate remained unchanged at 3.7%. The average hourly earnings rose by 0.6%, with an increase in personal spending of 0.7%. There are some signs that inflation has peaked in some countries. For example, the Eurozone price experienced relief from the price pressures for the…

The Federal Reserve had signaled a lower rate hike but it needs more data to confirm that the Fed is done with raising the rate.  The September Job Number came to 315K from where it moved down to 261K in October. However, the disappointing fact about the latest report was the unemployment rate that was…

Following the previous week’s CPI report, the headline PPI showed a 0.2% increase while the retail sales showed a better-than-expected 1.3% in October. The upside pressure came from a 1.3% jump in motor vehicles and a 4.1% rise in gasoline stations. The October CPI data for the UK, Japan, and Canada showed a negative picture…

The US Dollar bulls suffered the most in over six years as the CPI inflation suddenly eased to below the 8.0% level on a year over year basis. As a result, the Fed could think about a 50 basis point rate hike in December instead of 75. However, a clearer picture awaits the retail sales…

The recent Non-farm payroll report showed how US employers continued adding jobs in October. It is a sign that the labor market remained tight, and the next Fed meeting could come with additional rate hikes. However, the upcoming policy decisions need more clues from the incoming data as the October payroll does not move the…

There are several surprises this week, and the most awaited event is the Federal Open Market Committee meeting. In this meeting, the Fed is expected to raise the interest rate by another 75 bps, followed by three similar moves in June, July, and September. According to fed chair Jerome Powell, there is no painless path…

Last week’s economic data showed that the US economy has remained resilient, where tighter policies could impact some sectors. Industrial production regained momentum in September, but some signs of slower growth are ahead, supported by manufacturing surveys.  On the other hand, the real estate sectors were affected by higher interest rates, falling 8.1% in September…

The broader market expectation for the US CPI was to come between 8.0% to 8.1%, but the actual result came to 8.2%.  The higher-than-expected CPI increased the possibility for the Fed to raise the interest rate by additional 75 bps instead of 50. However, much data is due before the December meeting, and it is…

It is like winter is not coming for the US economy, most particularly in the labor market, which showed another job increase in the last. The increase of 263K was above the 250K analysts’ projection.  However, a negative figure in the job market is needed for the Fed to stay back from the rapid rate…

Central banks’ policies will be key price-driving events in October, but the latest job report of the US could indicate whether the Fed has reached the peak of hawkishness. The latest panic in the market with the renewed rush on USD bulls, other banks like the Reserve Bank Of Australia and New Zealand could extend…