Pause Brings Optimism!
The European Central Bank (ECB) and the Bank of England (BoE) are both expected to maintain their current interest rates without any significant changes. ECB officials are generally leaning towards…
Read More »After ECB All Eyes On Tonights Tech Giants!
ECB hiked rates by another 75 bp – as expected. The bank flags further tightening ahead but dropped the reference on “next several meetings”. That backs the view that the…
Read More »ECB & President Lagarde, Weekly Claims & Chair Powell
EURUSD, H1 The ECB delivered a 75bp rate hike, with the deposit rate raised to 0.75% from 0.0%, the main refinancing rate now at 1.25%. At the same time, the…
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 »US Open Live Analysis – USD, Stocks & BTC weaken, Gold rallies
Stocks and the USD are lower, though the reflation trade sentiment continues to boost commodities; today this includes Gold. Ms. Lagarde is due to speak as the US market opens…
Read More »As expected…..
The ECB did the expected and left overall policy settings unchanged. If anything the statement was a tad more hawkish in that it spelled out that the PEPP volumes don’t need to…
Read More »FX News & Market Update – January 14 – Biggest day of the Week
FX News Today USD mixed but biased higher, Yields move lower, Equities edge higher. Biden stimulus announcement later, Trump impeached. Asian markets move higher, US CPI & Oil yesterday…
Read More »European GDPs surprise to the upside, Equities recover a tad
Eurozone GDP rebounded 12.7% q/q in the third quarter, more than initially expected, but not a total surprise after German, French, Italian and Spanish numbers all surprised on the upside…
Read More »Events to Look Out for Next Week
A gigantic week is coming with FAANGs reporting their Q3 earnings, along with the rate decisions and monetary policy statements from three key Central Banks (ECB, BoJ, and BoC) as…
Read More »Equity markets rally loses some momentum in EU session
Risk aversion picked up again, underpinned by negative vaccine news amid reports that Johnson & Johnson halted its Covid-19 trial due to “unexplained illness”. The December 10-year Bund future is…
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