All articles tagged with #market pricing
A 1971 Chevy C20 long bed pickup is listed for $14,500, featuring a patinaed exterior, a rebuilt interior, a 350 V8 engine, and recent upgrades, making it a potentially appealing classic truck for collectors or enthusiasts, though its price may be considered high given its condition and features.
Asian stocks slipped as investors await the Bank of Japan's meeting, where policymakers might start laying the groundwork for a shift away from negative interest rates. Meanwhile, a key reading on US inflation is expected to underpin market pricing of interest rate cuts in the US. The slowdown in inflation has led markets to anticipate early and aggressive action from the Federal Reserve, with futures implying a 74% chance of a rate cut as early as March. The dovish outlook for US rates has weakened the dollar, while gold prices remain steady. Oil prices are trying to stabilize after hitting a five-month low last week.
Asian stock markets slipped as investors awaited the Bank of Japan's (BOJ) meeting for potential clues on tightening policies, while also keeping an eye on U.S. inflation data that could impact market expectations of interest rate cuts. The BOJ is not expected to make any definitive moves at this meeting, but analysts believe they might start laying the groundwork for a shift away from negative interest rates. Meanwhile, U.S. inflation is forecasted to slow, leading to expectations of early and aggressive action by the Federal Reserve to ease policy. The market's dovish outlook for U.S. rates has led to a decline in the dollar and yields, while also supporting gold prices.
Bank of America Global Research has warned that markets are underestimating the Federal Reserve's next move, suggesting that either the Fed's rate hikes aren't over yet, or cuts will be deeper than markets expect. The bank's report suggests that the market tends to underestimate actual Fed policy ahead of both hiking and cutting cycles. The Fed is currently expected to pause in its interest rate increases next month, before cutting rates twice before the end of 2023, according to market pricing.