• CL
• DJI
• Euro US Dollar
• F40
• GC
• Gold Spot US Dollar
• IXIC
• LCO
• MIWO00000PUS
• STOXX
• UK100
• US Dollar Japanese Yen
• US10YT=X
• US2YT=X
• US500

US stocks brush record highs as weak jobs data fuel rate cut bets

U.S. stocks hit record highs before declining after weak job growth data led to speculations about interest rate cuts by the Federal Reserve, which boosted gold prices.

• DX
• US10YT=X
• US2YT=X
• US500

Powell says there's no rush to ease more given strong economy

Fed Chair Powell emphasizes a stable economy and cautious approach to interest rates amid inflation concerns, while markets react carefully to his Senate testimony.

• EUR/USD
• US10YT=X
• US2YT=X

Sluggish Jan payrolls growth unlikely to sway Fed

U.S. job growth slowed in January with a 4.0% unemployment rate, suggesting Fed may hesitate to cut interest rates, influenced by wildfires and cold weather.

• US2YT=X
• US500
• USDIDX

Fed stands pat, leans hawkish with omission of inflation-progress reference

• US10YT=X
• US2YT=X
• USDIDX

Dollar and treasury yields dip as core December CPI comes below expectations

Dollar and treasury yields fell sharply after December's inflation data showed lower-than-expected CPI, easing Federal Reserve concerns. 10-year yield at 4.692%, two-year at 4.281%.

• EUR/USD
• US10YT=X
• US2YT=X

Surprising Dec US payrolls jump supports longer Fed pause

• US10YT=X
• US2YT=X
• US30YT=X

Fed can soothe Trump or Treasuries, not both: Mike Dolan

• US10YT=X
• US2YT=X

Treasury yield surge reflects expectations of more long-term debt

U.S. Treasury yields rise sharply as traders anticipate changes in debt strategy under Trump, with concerns over fiscal policy, deficit, and increased reliance on longer-term debt.

• CN10YT=RR
• EUR/USD
• GBP/USD
• GC
• HG
• NDX
• US10YT=X
• US2YT=X
• US500
• USD/CAD
• USD/JPY
• USD/MXN
• ZL
• ZS

How are CTAs positioned entering 2025?

CTAs have slightly gained 2.55% in 2024, recovering from volatility. Their positioning is polarized across fixed-income, commodities, and currencies, with significant market sensitivities.

• DXY
• US2YT=X
• US500

Instant View: Fed cuts 25 bp, scales back 2025 easing projections

The U.S. Federal Reserve lowered interest rates to 4.25%-4.50% while signaling a slower pace of future cuts, amid stable unemployment and inflation concerns.