Eurozone Inflation hits 10-year high, CAD GDP Disappoints
EURUSD, H1 Eurozone HICP inflation hit 3% in August, up from 2.2% y/y in the previous month and indeed a much higher number than anticipated. Excluding energy, prices lifted 1.7%…
Read More »Market Update – August 13
Market News Today – Virus developments and China’s regulatory curbs remain the main themes for Asian markets. Chinese internet giants were pressured and chipmakers also struggled. Chinese authorities continue to try and get…
Read More »IBEX 35 Analysis: Rally Continues Despite Virus Fears, Focus Shifts to Fed
IBEX 35 continues to rally as the ECB remains extremely accommodative and virus fears subside. Will the upcoming Federal Reserve rate decision derail the index’s progress?
Read More »Events to Look Out for Next Week
The rapidly spreading Delta variant is threatening to spoil the summer, which could leave its mark on the tourist trade in particular. The UK is still leading the way, but…
Read More »Lagarde on her toes; Euro rallies
Yields remain richer but are off their overnight lows as some of the buying eases. A slightly better than expected jobless claims report has had little impact. Equities are still near…
Read More »Market Update – July 5 – USD subdued, Bonds leap & Stocks hold gains
Market News Today – The Dollar weakened, Bonds & Stocks rallied following NFP (850k vs 700k but an uptick for Unemployment & patchy Earnings) and ahead of long weekend. Asian…
Read More »Events to Look Out for Next Week
Growth indicators continue to improve, inflation is accelerating sharply and central banks are starting to lay the ground for a gradual adjustment in policies, which will remain very accommodative for…
Read More »Market Update – June 22 – Signs of Volatility
Market News Today – Volatility back – Equities rebound, USD slips from recent highs but USDIndex holds at 92.00. US Equities recover (USA500 +58pts to 4224 (+1.40%), Asian markets also…
Read More »It is the Fed and BoJ’s turn: What could be their impact on the US Dollar and Yen?
It is the Fed’s and BoJ’s turn this week to reassure markets that officials still view the surge in inflation as transitory and hence not a threat to the low…
Read More »Midweek Market Podcast – June 9
The NFP data dominated last week and this week it’s the US CPI and ECB that are conspiring to pressure the USD, all ahead of the key G7 meeting of…
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