Events to Look Out for Next Week
Moving into a new week, the focus is now squarely on the FED, SNB and BoJ and data releases and whether the recovery story will continue. The market continues to…
Read More »Events to Look Out for Next Week
The unfolding inflation story will be the key determinant of market direction next week. In US the dominant prevailing view on inflation risk is that price pressures will abate in…
Read More »Yields and their significance for USD
Treasuries richer as inflation worries move to background. Overall however as you can seen year to date chart below, Treasury yields have been slide lower turning flattened. Treasuries despite some…
Read More »Midweek Market Podcast – May 19
The USD plunged to new 3-mth lows, gold tested January highs, equity markets slipped and Crypto’s got a double whammy. HotForex · Midweek Market Podcast – May 19 The Market…
Read More »Weekly Claims breach the significant 500,000 level
EURUSD, H1 US initial jobless claims dropped -92,000 to 498,000 in the week ended May 1, more than expected and posting another new post-covid low, after sliding -13,000 to 590,000…
Read More »Midweek Market Podcast – May 5
The first week of the new month brings about some ‘high’ rated risk events, with the Bank of England meeting and Non-Farm Payrolls at the center. Overall, pressure on central…
Read More »Market Update – April 23 – Equities and Bitcoin Lower; USD Flat
Market News Today – US Equities down again (-0.92%), USD (91.20) & Yields (1.55%) flat, BTC tanks under $50k on Biden proposal to raise capital gains tax to 40%. ECB…
Read More »EU and UK PMIs much better than expected
EURUSD, H1 Eurozone flash PMIs higher than expected. The Manufacturing PMI jumped to a series high of 63.3, the output PMI also hit the highest level since the start of…
Read More »Market Update – April 19 – Equities at highs, BTC hit from weekend hiatus
Market News Today – US Equities at new closing highs on Friday, (4 consecutive weeks for USA500), USD remains weak with 10-yr yield now well under 1.60% at 1.56%. Asian…
Read More »Speed Bumps on the Recovery Road ?
The US dollar initially tried to rally, though ultimately dipped a bit following the data, which saw retail sales surge way more than consensus, while Initial jobless claims fell much more…
Read More »