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
Read More »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…
Read More »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…
Read More »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…
Read More »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…
Read More »The Market Week – November – Week 3
HotForex · Midweek Market Podcast – November 17 The Market Week – November – Week 3 It’s all about inflation!! Inflation pressures are broadening and deepening especially in the US,…
Read More »EUR plunges to new cycle lows, 1.13 eyed
Overnight Headlines *USD hit a fresh 16-month high driven by EUR weakness *US stocks close little changed *Biden tells Xi US doesn’t support Taiwan independence *UK unemployment 4.3% vs 4.4%…
Read More »The Market Week – November – Week 2
The Market Week – November – Week 2 HotForex · Midweek Market Podcast – November 11 Movements in Treasury yields and the perceived differential in the rate paths remain a…
Read More »US jobs data rounds off a busy week
Overnight Headlines *US stocks extended their streaks of record high closes to six sessions *USD made three-week highs on a cautious BoE *US 10-year Treasury yields dopped to their lowest…
Read More »Events to Look Out for Next Week
After a volatile week, with the solid US jobs report having limited impact on the ongoing move lower in yields rates, markets are expected to eyeing inflation and continue pricing…
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