Market Update – December 20 – Risk-Off greets the start of Week 51

USD (USDIndex 96.60) rallied on Friday from 95.80 lows and holds gains to start the week. Stocks sank again on Friday and are lower today, Yields also fell and remain…

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Recap December 19: Omicron Lockdowns begin, Elon Musk sells record Tesla stock, Record Inflation (Recap Ep154)

In this week’s recap, global markets are mostly lower for the week, with a sharp fall in shares of tech companies, pushing major indexes lower, continuing a turbulent stretch for…

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Events to Look Out for Next Week

The economic agenda ahead is expected to be a massive one, as the Fed, BoE,  SNB, ECB and BoJ’s officials are heading for a lively debate at next week’s rate…

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Market Update – December 2- Sentiment swings on Omicron news

Powell reiterates Hawkishness, First case of Omicron confirmed in US – Stocks tank again under key technical levels, Yields slip again, USD mixed. Erdogan sacks Fin Min – TRY new…

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Market Update – December 3 – Pre-Omicron peak NFP ?

In the foreign exchange market, the US Dollar Index remained range-bound, but was subsequently boosted by Yellen and Bostic’s speeches and closed at 95.97. In addition, the 10-year US Treasury…

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ECB’s de Cos: PEPP should in theory end in March 2022

European Central Bank Governing Council member Hernandez de Cos said the PEPP should, in theory, end in March 2022, according to Reuters. He added tha

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Market Update – November 24 – USD & Yields Higher, Stocks Mixed, Oil Recovers

USD (USDIndex 96.50) holds on at highs; EM currencies under particular pressure. (TRY lost 15% after Erdogan refused a rate rise). RBNZ raised rates but NZD fell (like the last…

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Market Update – November 23 – USD & Yields bid, Stocks & Gold sink

USD (USDIndex 96.36) testing 16-mth highs; rallied on Powell’s re-nomination & Brainard as Vice FED Chair. Commodity & EM Currencies pressured particularly. Stocks weaker partic. Tech stocks, Banks hold up.(Nasdaq…

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EUR hurt by new lockdowns

Overnight Headlines *USD remains close to 16-month high on increasing European Covid infections *US stocks mixed as tech and stay-at-home stocks benefit *Bullish Fed comments suggest a faster pace of…

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Events to Look Out for Next Week

The markets are likely to meander into the weekend. Liquidity is drying up ahead of the upcoming Thanksgiving holiday and that could add some volatility to already choppy action. Concerns…

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