Weekly Economic & Financial Commentary: Strong Jobs Numbers Diminish Urgency for Rate Cuts
Summary United States: Strong Jobs Numbers Diminish Urgency for Rate Cuts Nonfarm payrolls expanded 303K […]
Why is Gold Defying Gravity?
Gold stays in rally mode, even when dollar and yields rise Central banks and geopolitics […]
Week Ahead – ECB Decision and US Inflation to Fuel FX Volatility
Central bank decisions in Eurozone, Canada, and New Zealand Highlight will be the ECB – […]
Weekly Focus – Decent Data Over Easter Dampen Rate Cut Expectations
Positive data surprises especially in the US have continued to mostly drive interest rates higher […]
US: Payrolls Surprise to the Upside (Again), Unemployment Rate Ticks Down to 3.8%
Non-farm employment rose by 303k in March, considerably above the consensus forecast of 213k. Job […]
Fed officials want more evidence before considering rate cuts
A wave of comments from several Fed officials overnight highlighted a consensus on the need […]
Why Does 10-year US Yield Remain so High?
The 10-year US yield is a key determinant of FX moves It tends to drop […]
ISM-Inspired Treasury Gains Went Hand-in-hand With Profit Taking on USD Long
Markets It’s been a rollercoaster ride for US Treasuries so far this week. (Easter) Monday’s […]
Euro, Sterling Bears Bulldozed by Fed Doves
Federal Reserve (Fed) Chair Jerome Powell reiterated yesterday that the Fed is not in a […]
Rate Decision in Poland
In focus today In the euro area, we receive February PPI data. In Poland, the […]
Fed Powell and Soft Data Dampen Dollar, While Commodity Boom Propels Aussie
Dollar was sold off overnight after weaker than expected ISM Services data, and the weakness […]
Dow registers steepest decline in a year pre-NFP, a medium-term top established already?
DOW tumbled sharply overnight, shedding -530 points or -1.35%, marking its most pronounced session drop […]