21st June 2024

  • Big Bets See Powell Turning July’s Fed Meeting Into Live One (1)

Pair of fed funds wagers to benefit if July rate-cut odds rise

Only one basis point of easing is priced by July Fed meeting

https://blinks.bloomberg.com/news/stories/SFE1KJDWRGG0

  • Wall Street’s $5.5 Trillion Triple-Witching to Test Market Calm

Index, single-stock and ETF options to expire on Friday

Options expiration also coincides with index rebalancing

https://blinks.bloomberg.com/news/stories/SF19JXT0AFB4

  • US Adds Japan to FX Watchlist Amid Global Strain of Firm Dollar

Treasury declines to name any country a currency manipulator

Calls for more transparency from China, flags data ‘anomalies’

https://blinks.bloomberg.com/news/stories/SFECJAT0G1KX

  • Goolsbee Says Fed Can Cut With More Inflation Reports Like May

Chicago Fed chief lauds ‘very strong’ consumer price data

Policymakers have penciled in one interest-rate cut for 2024

https://blinks.bloomberg.com/news/stories/SFEALTT0G1KW

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For more information please contact Rubrics Asset Management. info@rubricsam.com.