BoJ Tweaks YCC – Global Bond Market Takes a Hit
Bank of Japan (BoJ) surprised the market this morning by raising the upper band on […]
Weekly Economic & Financial Commentary: Markets Scoff at More Hawkish FOMC Rate Projections
Summary United States: Slowing Price Growth a Welcome Reprieve, FOMC Signals More Work Ahead Headline […]
Markets Recently Gave Much More Weight to Softer Data
Markets Yesterday, the post-Powell bond rally simply continued as markets read US data as supporting […]
US Labour Market Takes Centre Stage
Market movers today It’s time for US Nonfarm Payrolls, which is one of the key data […]
Fed Minutes Quantified Probability of Recession, Giving Almost 50-50 Chance
Markets Core bonds rallied yesterday. US Treasuries vastly outperformed Bunds, catching a bid from economic […]
EUR/USD Extends Yesterday’s Advance, Count Down to the November PMIs
Markets Risk-on held the upper hand during an initially choppy trading session yesterday. Stocks finished […]
EU Proposes Gas Price Cap
Market movers today The most important data releases today will be the November Flash PMIs […]
Hawks Are Back
Inflation in Japan soared to the highest levels in more than 30 years, to 3.7% […]
Inflation Has Reached Japan
Market movers today A quiet day on the data front gives markets plenty of time […]
All of a Sudden the Intraday EUR/USD Rally Started Losing Steam
Markets EUR/USD yesterday pierced key resistance at 1.0341/50/68 (2017 low/May2022 low/August2022 high). The technical break […]
US CPI Surprising on the Downside Sparks Risk Rally
Market movers today The European Commission will publish its autumn forecasts for the European countries […]