Augusta

SummaryEconomic expectations decline on tariff plans The post-election boost in small business confidence is steadily being chipped away. The NFIB Small Business Optimism Index notched its fourth consecutive decline in April, dipping 1.6 points to 95.8. Most index components declined over the month;

Outlook We like to think that the PPI and CPI this week will have a big influence on the Fed outlook. No. That thing named Lag is at work and it will be July or so before we see inflation. CPI in March was 2.4% y/y and is forecast the same for April. Trading Economics’ own forecast is 2.5%. Core CPI

Asia Market Update: Asian equity gains capped as market awaits details from US/CN talks; US equity FUTs outperform, hold near the Asia highs as Gold -2% amid potential peace dividends in UR/IN-PK/IR. General trend - US equity FUTs gapped up at the open and headed towards highs last seen in early Mar

The Fed keeps rates steady at 4.25%–4.50%, citing increased economic uncertainty.Officials highlight solid growth and a strong labor market, but note inflation remains elevated.Balance sheet runoff to continue; US Dollar firms as risk sentiment shifts post-Fed announcement. GBP/USD extended its loss

US-China talks fail to ignite European optimism.DAX leads in Europe as factory orders and Mertz vote lifts sentiment.FOMC meeting in view. European markets have kicked off the day in rather uncertain fashion, with the German DAX providing the one area of optimism on an otherwise downbeat morning. Th

Followme NFP Challenge 🚨 It’s Non-Farm Payroll (NFP) week – and we’ve got a fast, fun challenge just for YOU! 📊 Last month’s NFP (March) came in strong at 303K jobs added, beating expectations. But what about this month? Take your best shot below! 👇 🟩 How many jobs will t

The USD/CAD pair could test the six-month low of 1.3781.The 14-day RSI remains above the 30 level, reinforcing the prevailing bearish bias.The pair could test the upper boundary of the descending channel near 1.3840. The USD/CAD pair retraces its losses registered in the previous session, trading ar

Dow is up 0.80% as markets cheer softer data; Treasury yields tumble in response.JOLTS and Consumer Confidence data miss, strengthening the case for Fed easing in the coming months.Trade policy ambiguity lingers after Bessent’s vague China comments and Amazon tariff confusion. The Dow Jones Industri

EUR/USD is range-bound around 1.1400, BBH FX analysts report, BBH FX analysts report. Bessent's remarks highlight pressure on ECB policy "Yesterday, US Treasury Secretary Scott Bessent said he expected the ECB to cut rates 'to get the Euro back down'. The ECB does not target the exchange rate as a p