Markets News Regulators 

USD/JPY awaits Powell as fears push it down

“The final version of US Q3 GDP growth will likely confirm the annualized growth rate of 3.5% reported previously” writes Yohay’s Google Profile for forexcrunch.com. Core inflation remains subdued in the Land of the Rising Sun.Inventories contributed a hefty 2.27% to the 3.5% growth rate.The Fed may be slightly more hawkish than markets expect, at lease bond markets predicting rate moves. Source: forexcrunch.com Share This:

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Markets News Regulators 

Here’s how ECB’s Mario Draghi walked the tightrope between caution and confidence

“ECB staff, meanwhile, slightly lowered their forecasts for the inflation rate in 2019 from their September estimates” writes Deputy Markets Editor for marketwatch.com. Draghi said the balance of risks to the eurozone’s economic outlook remained broadly balanced, but were shifting to the downside.ECB staff did slightly lower their forecasts for economic growth in 2018 and 2019.At the same time, Draghi talked up “underlying” strength in the economy, which he said gave policy makers confidence that inflation will continue to move up toward the ECB’s target of near but just below…

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Draghi: Risks to eurozone growth outlook ‘broadly balanced’ but moving to ‘downside’

“European Central Bank President Mario Draghi on Thursday said risks to the eurozone’s economic growth outlook remained “broadly balanced” but were shifting to the “downside,” due to geopolitical uncertainties, the threat of protectionism, emerging-market vulnerabilities and financial market volatility” writes William L for marketwatch.com. ECB staff lowered their forecasts for economic growth in 2018 and 2019 from their September estimates.On inflation, ECB staff now expect a 1.8% rise in 2018 versus a previous forecast of 1.7%.They now see growth of 1.9% this year, down from 2%, and 1.7% in 2019,…

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News Regulators 

This is the one chart the Fed must watch right now, veteran economic forecaster says

“According to Economic Cycle Research Institute co-founder Lakshman Achuthan, they’re largely missing a critical economic trend that shows inflation is in a downturn” writes unknown author for cnbc.com. On “Trading Nation” last April, he turned sour on economic growth because leading indicators were pointing to a slowdown that was picking up momentum.A veteran economic forecaster is worried the Federal Reserve and Wall Street are looking at inflation all wrong. Source: cnbc.com Share This:

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ECB caught between economic risks and QE exit 

“On Thursday, the ECB also will publish its newest staff projections for economic growth and inflation for the next three years” writes Francois Lenoir for cnbc.com. The European Central Bank President Mario Draghi has to tread a fine line once again as he gives his latest update on euro area monetary policy on Thursday. Source: cnbc.com Share This:

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Yields hold steady after report indicating no inflation in November

“Over the last 12 months, the headline index increased 2.2 percent before seasonal adjustment; that’s down from the October year-over-year print of 2.5 percent” writes unknown author for cnbc.com. U.S. government debt yields held steady on Wednesday after a government report showed no change to consumer prices across the month of November.Bond yields rise when prices fall.The yield on the benchmark 10-year Treasury note traded higher at 2.89 percent, while the yield on the 30-year Treasury bond edged higher to 3.13 percent. Source: cnbc.com Share This:

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News Oil Regulators 

U.S. consumer prices flat; underlying inflation firm

“Despite the firmness in core consumer prices, the overall inflation outlook is benign amid falling oil prices and signs of slowing economic growth both in the United States and overseas” writes Midwest Communications Inc for 95kqds.com. With oil prices falling sharply since October, gasoline could become even cheaper.WASHINGTON (Reuters) – U.S. consumer prices were unchanged in November, held back by a sharp decline in the price of gasoline, but underlying inflation pressures remained firm amid rising rents and healthcare costs.Brent crude oil prices have dropped almost 30 percent.But with oil…

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Inflation flat in November on decline in gas prices, CPI shows

“Still, the slowdown in overall consumer prices is giving American workers a break” writes Jeffry Bartash for marketwatch.com. Some doubts on economy justified, doom and gloom is not Big picture: Some economists think inflation will increase again next year.The numbers: Falling gasoline prices helped cushion the blow of higher rent and prescription drug prices in November and kept inflation in the U.S. at bay, fresh government figures show.Yet others suggest somewhat slower U.S. economic growth, abetted by higher interest rates, will keep inflation bottled up. Source: marketwatch.com Share This:

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