Even if the Fed is tight, if Money Supply is increasing, it has an inflationary effect.

Nominal private residential fixed investment increased 3.5% during the first quarter. Real private residential fixed investment increased 3.3%.

First-quarter GDP was lower than any estimate in the Bloomberg Econoday consensus range of 1.7 percent to 2.8 percent. Inflation was higher than expected.

American Airlines reported its latest quarterly earnings.

From the point of view of technical analysis, the trend on the GBP/USD currency pair on the hourly time frame is bearish.

US GDP growth slowed to 1.6% annualized in the first quarter of this year, less than half the 3.4% rate recorded in 4Q23, but core inflation was stronger, picking up from a 2% annualized rate to 3.7%.

The airline industry is gearing up for what could be a record-breaking summer travel season, if forecasts turn out to be correct.

After opening the day on a high note, Indian share markets continued the momentum as the session progressed and ended higher.

The Japanese yen witnessed further weakness against its counterpart, the US dollar, falling to its lowest level in over three decades.

Initial claims declined from -5,000 to 207,000, continuing their nearly 3 month long range of between 200-220,000 per week.

Texas Instruments Inc. is currently exhibiting a strong impulsive trend, characterized by a motive structure placed in Intermediate wave (1).

This major FX pair has crossed above the psychologically important 155 level, ahead of a slew of major events that could rock FX markets.

The U.S. Treasury now has $930 billion in cash in its Treasury General Account (TGA) held at the Federal Reserve.

The number of Americans filing for jobless benefits for the first time last week dropped to just 207k, below the 215k expectation, and back near YTD lows.

Gold has been able to regain its poise after the sharp drop we observed at the start of the week.

Equity futures point to a weak start when the stock market opens later this morning, following a string of weaker-than-expected guidance that in some cases includes higher spending relative to market forecasts.

According to recent trading activity, GBP/USD has been on the rise, easing some recent selling pressure.

Asian stock markets are trading with mixed results on Thursday, following the uncertain signals from Wall Street overnight as META earnings failed to impress afterhours causing a late selloff.

The GBP/USD Elliott Wave Analysis describes a counter-trend movement with an impulsive mode, focusing on red wave 3 within blue wave A.

With USD/JPY trading above 155, markets are now on high alert for BoJ FX intervention.