TradingKey

TradingKey - The Federal Reserve has kicked off a new easing cycle with a 50 basis point rate cut, yet the market rally did not last long. Concerns loom over whether the Fed can replicate the economic soft landing achieved by Alan Greenspan in 1995.

TradingKey - On September 18, the Federal Reserve will announce its rate decision.

TradingKey - Nick Timiraos, a spokesperson for the Federal Reserve, recently indicated a dovish outlook, leading the market to expect a 65% probability of a 50 basis point rate cut in September.

TradingKey - European luxury brands have experienced significant success in the past two years, often likened to the U.S. tech giants known as the "Magnificent Seven." However, the sector has faced challenges in the last six months.

TradingKey - The European Central Bank (ECB) has cut rates by 25 bps, as anticipated. The market expects an additional 36 bps of cuts from the ECB this year, while the Fed is projected to lower rates by 100 bps. This raises the question: Is the euro more resilient than the dollar?

TradingKey- UBS CEO Sergio Ermotti has urged the European Central Bank (ECB) to adopt a cautious approach and suggested that a "moderate" rate cut would be appropriate.

TradingKey -  On Tuesday night, the U.S. presidential debate took place, during which Trump and Harris discussed tariffs, immigration, abortion rights, and the Gaza conflict.

TradingKey - As inflation eases and signs of recession appear, the market widely expects the European Central Bank (ECB) to make its second rate cut of 2024 at the September meeting.

TradingKey - Since Vice President Kamala Harris took over from Biden in the 2024 U.S. presidential election, the political landscape has shifted dramatically.

TradingKey - This week, investors will focus on the U.S. August CPI. Following last week's disappointing non-farm payroll report, a continued decline in CPI could pave the way for a Fed rate cut in September.