MNI BRIEF: US Existing Home Sales Fall 5.4% To 3.89M In June

MNI BRIEF: China Wants U.S. Firms To Deepen Investment

MNI China Daily Summary: Tuesday, July 23

MNI: PBOC Net Drains CNY408.7 Bln Via OMO Tues

MNI: PBOC Sets Yuan Parity Lower At 7.1334 Tues; -1.30% Y/Y

CHINA PBOC CONDUCTS CNY267.3 BILLION VIA 7-DAY REVERSE REPOS TUES

MNI: US NAR: JUN EXISTING HOME SALES 3.89M SAAR

MNI: US REDBOOK: JUL STORE SALES +4.8% V YR AGO MO

ECB Not Currently Concerned About Core Goods Re-acceleration (2/2)

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Bostic and Goolsbee First Off The Mark With Further Dovish Rhetoric Post Payrolls

FED
  • Double unscheduled Fedspeak from Bostic (’24) and Goolsbee (’23), who keep to their recent dovish commentary having already led the way this week for the few speakers since last week’s FOMC decision.
  • They see today’s jobs report pretty much as they expected with Goolsbee saying should start thinking about how long to hold rates. Recall that Bostic said on Tuesday that he doesn’t expect a rate hike in Sept and doesn’t see a rate cut until 2H24 at the earliest.
  • Gov Bowman (voter) is presented with the next opportunity for a typically more hawkish member on Monday, with text but albeit only in welcoming remarks.
Energy BulletsCommoditiesFOMC Calendar Market News
Energy BulletsCommoditiesFOMC Calendar Market News

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.