Market Update – September 29 – Sterling & Stocks drift as BoE boost fades
USDIndex – tumbled to 112.43 after the BoE’s actions ( worst session in 2.5 years). Today it found some ground edging towards 113.35, buoyed by renewed pressure on the Pound….
Read More »Market Update – September 26 – Sterling Slumps
USDIndex – surged to 114.40 before settling at 113.64. 10-year yields jumped 5.5 bp in Australia and are currently 7.6 bp higher in the US. 2-year Treasury yields broke above 4.3%…
Read More »Market Update – September 23
USDIndex – holds above 111. Yields: 10-year surged 18 bps to hit 3.71% but finished at 3.69%. 2-year was 9 bps higher at 4.15% before easing off. It was an…
Read More »Events to Look Out for Next Week
After a massive central banks week, the speed of the selloff in the stock market remains the shocker and has been very damaging as the markets reprice for the very…
Read More »US Dollar Rally Pauses as Japanese Yen Finds Respite: Asia-Pacific Outlook
Asia-Pacific markets face a risk-off day despite a US Dollar pullback driven mainly by Japanese Yen strength following an intervention in FX markets.
Read More »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…
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