US-Trump: Is it possible to find a more precise Fed forecaster than POTUS | ▶️Andreas Steno Larsen

📝Mikael Sarwe, Head of Nordea Market Strategy, shared via Twitter his views, “In the previous 5 Fed cut cycles, 2 of them led to bull markets (1995 & 1998) and 3 to bear markets (1989, 2001 & 2007). In my mind, the difference is if there was an earnings recession or not. Currently, my leading…

European Central Bank: Dovish vehemence from Vilnius | ▶️ Carsten Brzeski

📌At its meeting in Vilnius, the ECB today clearly tried to convey a dovish message to financial markets, demonstrating its willingness and readiness to act. Today’s meeting was as dovish as it can get without actually engaging in a new action. 📌The ECB’s concerns mainly seem to be driven by increased and prolonged uncertainty, rather…

JP Morgan: cuts 10-year Treasury yield forecast to 1.75% at year-end |▶️ Lisa Abramowicz

📌JPMorgan just cut its 10-year Treasury yield forecast to 1.75% at year-end, compared with 2.45% previously and 2.13% on Monday in Asian trading. 📌Projections are a contrast with JPMorgan Chief Executive Officer Jamie Dimon’s warning last month that yields were already “extraordinarily low” on a historical basis, and that 4% wouldn’t be a bad number.…

Goldman Sachs: US Q2 GDP Growth View To 1.1% From 1.3% On Expanding US Trade War |▶️ Reuters

📌Goldman Sachs Group Inc analysts on Sunday downgraded their second-quarter economic growth forecasts for the United States because of risks stemming from trade conflicts with Mexico and China. 📌GS analysts expanded, “Because of the downside risks to growth, we have sharply raised our subjective probabilities for Fed rate cuts. But while it is a close…

SP500: On the 200DMA, breadth picture looks interesting teetering on the precipice | ▶️ Callum Thomas

📌 Callum Thomas, Head of Research at Top Down Charts, published his weekly SP500 ‘chart storm’ and we think it is imperative to review a few of them in this section as those can add a lot of value to your trading in the weeks ahead. Thomas’ SP500 Chart Storm 📌North America institutional investor confidence…

EURCHF: limited Swiss Franc appreciation; SNB ‘watching’ risk | eFXData [Boston]

Risk-off in the markets triggered ‘fly to safety’ -investors- added long CHF positions last week via eFXdata. SNB (Swiss National Bank) remains vigilant even when its benchmark interest rate walks at (0.75%). EURCHF 10-month ‘price rotation’ [1.1160/1.1500] limited downside risk and plenty of speculative upsides.   EURCHF Technical Levels | MT/LT To the downside, on the…