[MARKET UPDATE] Stocks see downside and Dollar gains as Miran now sees a less accommodative rate path, and "only" 100bps of cuts now this year vs 150bps in his December SEP; in summary, more hawkish remarks from the ultra dove Miran
Miran's reassessment of the rate path suggests a more hawkish tone than previously anticipated, with a reduction in expected cuts from 150bps to 100bps this year.
Live Nation Entertainment (LYV) Q4 2025 (USD): Revenue 6.31bln (exp. 6.11bln); FY26 capex expected to be 1.1-1.2bln; positioned for another year of double-digit operating
US Senate Banking Committee to hold hearing with Fed's Vice Chair of Supervision and FDIC's Hill on February 26th
[MARKET UPDATE] Stocks see downside and Dollar gains as Miran now sees a less accommodative rate path, and "only" 100bps of cuts now this year vs 150bps in his December SEP; in summary, more hawkish remarks from the ultra dove Miran
CRUDE WRAP: WTI (J6) SETTLES USD 1.24 HIGHER AT USD 66.43/BBL; BRENT (J6) SETTLES USD 1.31 AT USD 71.66/BBL
Fed's Miran (voter) now sees a less accommodative rate path, according to an interview in The Peg; he would reverse his Dec. shift toward easier policy if he is still at the Fed by the March meeting, citing firmer labour data and renewed goods inflation
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
This shift could lead to increased support for the Dollar and pressure on equities, as the market adjusts to the possibility of tighter monetary policy than previously factored in. Traders should be prepared for volatility as both equity and currency markets react to this new guidance.
Related headlines
- [MARKET UPDATE] Dovish reaction as Fed's Waller leans towards hold in September, albeit very much data dependent; T-notes, stocks and gold move higher with the dollar sold; Pricing is back to 50/50 for hold/hike1 hour ago
- [MARKET UPDATE] Gradual strength in the crude complex has put pressure on the fixed income space, with US equity futures also moving a touch lower; action which lacks a clear driver4 hours ago
- [MARKET UPATE] Further JPY strength with EUR/JPY below 182, USD/JPY beneath 157 to a 156.63 base, surpassing 7th August low7 hours ago
- [MARKET UPDATE] Yen strength continues with USD/JPY below 157.50, EUR/JPY below 183.00 - no headline driver but traders cite increased BoJ hike bets8 hours ago
- [MARKET UPDATE] USD/JPY under pressure, falling below 159.00; no driver behind the move1 day ago
- [MARKET UPDATE] Energy downside benefits yields as both move to session lows following remarks from US officials and commentary from Saudi Arabia1 day ago
- [MARKET UPDATE] Bond yields resume upward price action as crude prices remain elevated; major news flow light in recent trade1 day ago
- [MARKET UPDATE] US equity and fixed income futures see a modest dip in recent trade despite a lack of fresh newsflow; NQ now below 29k1 day ago
- PRIMER - Today’s Fedspeak includes: Waller, Hammack, Goolsbee3 hours ago
- [MARKET ANALYSIS] Crude takes a breather after a choppy mid-week; metals mixed6 hours ago
- [MARKET ANALYSIS] Yields slip off best levels as energy benchmarks edge lower; JGBs in focus following a GPIF meeting and BoJ sources6 hours ago
- [MARKET ANALYSIS] JPY rallies against all G10 peers, most pronounced against USD into payrolls on Friday7 hours ago
- [MARKET ANALYSIS] Asia-Pac stocks took impetus from the rebound on Wall St as yields eased11 hours ago
- [MARKET ANALYSIS] Dollar is marginally softer with a mixed performance against major peers, while JPY continues its outperforms despite no obvious news catalysts11 hours ago
- [MARKET ANALYSIS] Yields continue to ease back from recent peaks12 hours ago
- [MARKET ANALYSIS] Oil prices remain afloat after marginally gaining yesterday in choppy trade amid somewhat mixed comments from Trump, while reports note the US base in Kuwait was hit in a strike12 hours ago
- [MARKET UPDATE] Asia-Pac stocks begin with mild gains after the positive lead from Wall St, where the major indices recouped some of the recent losses as yields edge lower, while Trump said the renewed campaign against Iran would not continue for too long14 hours ago
- Newsquawk Daily Asia-Pac Opening News - 3rd September 202616 hours ago
- US EQUITY OPEN: Stocks open contained as DELL surges ahead of AVGO earnings after-hours 1 day ago
- Newsquawk Daily US Equity Opening News - DELL rises after beat & raise; PANW reverses lower despite strong results & guidance1 day ago
The whole workspace, free to try.
Try it free