Live Analysis – CPI
Yields and the USDIndex popped higher after the hotter than projected 0.4% rise in headline CPI. Still low initial jobless claims added to the moves. The front end of the…
Read More »US Economy & US Dollar: Tied in Knots
It was a difficult September for bond and stock bulls. After reiterating ad nauseum, it appears that the FOMC’s “higher for longer” message has finally gotten through. In general central…
Read More »Mixed NFP – Lifts Stocks and Weighs on USD
The US jobs report was slightly weaker than expected on net, mostly via big downward private payroll revisions that were offset by a stronger government jobs trajectory, and a weak…
Read More »Cryptos: Correction or the Start of a Sell-off?
Bitcoin prices are heading for another solid weekly loss, as markets adjust to the prospect of more aggressive monetary tightening, which is expected to dampen world growth and demand this…
Read More »Live Market Analysis Ahead of FOMC Minutes
The Dollar Index has been fluctuating around the 107 mark today, gaining against the retreating Yen, but losing out against EUR and GBP. Stronger than expected PMI reports for the…
Read More »US Update – CPI & Weekly Claims – Happy reading for the FED
US Inflation and Employment both key for the FOMC, delivered good news. Softening in price pressures were evident, and initial jobless claims still showed a tight labour market, but the…
Read More »Could Job Slowdown Continue?
The September payroll forecast is for a 210k increase after a 315k increase in August. The workweek is anticipated to hold steady from 34.5 in August, alongside a 0.1% hours-worked…
Read More »Live Analysis | 28th September 2022
Haven demand is helping boost Treasuries amid worries over a financial crisis in the UK, exacerbated by the BoE’s decision to purchase longer dated Gilts. The further dive in equities…
Read More »US Market Open _ Weak Durable Goods
Worries over hawkish central banks and the threat of recession are weighing as the Jackson Hole symposium looms, while the week’s data releases will only add to the uncertainties over…
Read More »Live Commentary ahead of the Fed!
The FOMC began its policy meeting yesterday and will announce its decision at 18:00 GMT Wednesday. A 75 bp hike is widely expected. Chair Powell will follow 30 minutes later…
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