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The US Dollar is in rally mode this morning, putting a headwind in front of other currencies, commodities and equities. The US Dollar is up 2.0% against Gold and the Pound, up 1.3% against the Australian Dollar, up 0.6% against
For the last several months, the Reserve Bank of New Zealand has been the lead domino among central banks in tightening moves, first starting to raise rates by 0.25% a meeting starting last fall and then accelerating to a 0.50%
Yesterday’s bearish shift in sentiment toward equities has continued overnight and into this morning. US index futures are adding to yesterday’s index losses with Dow futures down 0.7% and NASDAQ futures down 1.6% after the Dow fell 0.8% and the
Building on yesterday’s gains of 0.1%-0.3% for major US indices, US index futures are up another 0.1% this morning. The Dax, FTSE and Hang Seng are all up 0.1% today. The Nikkei fell 1.0% overnight with the Yen rallying 0.3%
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