Markets Positioned for a Hawkish FOMC Tomorrow
The markets remain extremely volatile with too many uncertainties to adequately price. However, one near sure bet is for the FOMC to hike rates 25 bps tomorrow. The BoE is also…
Read More »Equities find some support after a weak week.
USA30, H1 European stock markets are broadly higher, as are US futures. Asian markets closed mixed, after getting a late bid. China’s tech sector was once again hit hard by…
Read More »Focus on the Data, but Politics Still in Play
After last week’s focus on US stimulus, Brexit, vaccine roll outs, virus worries, and lockdowns, attention will turn back to fundamentals with heavy data slates around the world. However, politics…
Read More »Gold stuck at mid 1,800
The risk appetite is on the rise to begin the last full trading week of 2020. Positive Brexit headlines, with the headlines that the EU and UK agreed to extend…
Read More »The nightmare scenario
A contested election was the nightmare scenario and that’s what came to pass, upsetting the “blue wave” that had been projections. However, it appears the Republicans retained control of the…
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