Short bonds sell off as central banks focus on inflation
Stocks sell off as central banks tighten rates. The markets continue to gyrate as the various central bank actions are digested. Treasury yields in the belly and the long end have…
Read More »Events to Look Out for Next Week
A major thread running through the markets is how far will the CBs go to bring down price pressures. And currently is appears there is willingness to go a long…
Read More »USD/JPY establishes below 144.00 amid lower consensus for US Inflation data
The USD/JPY pair is auctioning below the critical cushion of 144.00 in the Asian session. Broadly, the asset is displaying topsy-turvy moves in a tad
Read More »Market Update – September 5
USDIndex – holds at 110.25 highs. Yields plunged after NFP and as the curve bull steepened. Asian markets struggled after Wall Street closed in negative territory following news that Russia…
Read More »Market Update – September 2 – USD Holds at Highs, Stocks stem losses
USDIndex – spiked to 109.95 highs yesterday and holds the BID @109.50 now. A strong NFP could lift the USD even higher. A weak number could prick the USD bubble…
Read More »US Fed – The Battle Against Excess Global Captial Continues
US Fed Is Battling Excess Global Capital – Which Is Creating Inflation The US Fed continues to bring the big guns, raising rates another 75 bp (0.75%) on July 27,…
Read More »Japanese Yen Forecast: Will a Dovish BoJ Keep USD/JPY Rising? CPI in Focus Too
The Japanese Yen is vulnerable to external forces with the Bank of Japan still expected to be one of the few remaining dovish central banks. Is it all clear for…
Read More »July 10: Elon Musk pulls out on Twitter, Internet Blackout Canada, Dollar EXPLODES (Recap Ep183)
In this week’s recap, the most important news was the high US dollar price, Elon Musk walking away from the Twitter deal, and the inflation striking world economies. Us and…
Read More »USD/JPY poll – forecasts as high as 140. Bank of Japan direct intervention looks unlikely,
Reuters took a poll this week (July 1 to 6), 61 analysts responded. Main points: median forecast was for 131 in six months’ time, compared with 126.84 in last month’s…
Read More »Market Update – July 1 – Sharpest 1st-half decline in 50 years
USD declined (USDIndex 104.38), Equities finished much the way they began the year. Equities extended lower, led by tech, though declines were broadbased amid growth worries. – For the year-to-date, the USA100 plunged -29.5%, the USA500 dropped -20.6%,…
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