Quantitative Tightening: What is it and How Does it Work?

Quantitative tightening is a policy tool used by central banks to moderate an overheating economy. Find out how it is implemented and uncover its potential drawbacks

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S&P 500 Poised Ahead of Jackson Hole Where Markets Await a Potential Powell Pivot

The S&P 500 is at a crossroads as the markets test the Fed’s resolve to tighten financial conditions to contain price pressures. Will Fed Chair Powell’s address turn the S&P 500?

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Crude Oil Prices Unconvinced by S&P 500 Rally Ahead of Jackson Hole, PCE Data

Crude oil prices were not convinced by the S&P 500 rally on Thursday. Energy traders eagerly await a speech from Fed Chair Jerome Powell at Jackson Hole as well as PCE data.

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USD/CAD Rally Unravels Ahead of US PCE Report amid Failure to Test Yearly

Data prints coming out of the US may fuel the recent weakness in USD/CAD as the Personal Consumption Expenditure (PCE) Price Index is anticipated to show a slowdown in inflation.

from DailyFX – Market News https://bit.ly/3dUSQN9
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Australian Dollar Traders Higher Alongside Dow Jones Before Powell Speech

The Australian Dollar benefited from an overnight risk-on move in New York. APAC markets may trade higher as traders prepare for Jerome Powell’s speech.

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