It’s Been a Roller-Coaster Month
We had a roller-coaster month of May in terms of central bank expectations. The month […]
The Weekly Bottom Line: FOMC Continues to Preach Patience
U.S. Highlights U.S. equity markets briefly touched a new all-time high mid-week, while measures of […]
Weekly Economic & Financial Commentary: Higher for Longer Mantra on Repeat in Week Replete with Fed Speak
Summary United States: High Mortgage Rates Burden Homebuyers Homebuying retreated in April following a leg […]
Could Developments in Iran and Saudi Arabia Turn the Tide for Oil?
Iran is still quiet about reasons behind the helicopter accident Saudi Arabia’s King health scare […]
Week Ahead – US PCE Inflation and Eurozone CPI Data Enter the Spotlight
Dollar traders lock gaze on core PCE index Eurozone CPIs in focus as June cut […]
Canadian GDP Per Capita Likely Shrunk for Seventh Consecutive Quarter in Q1
The Canadian economy likely grew more quickly in Q1 2024 based on headline figures, but […]
ECB Preview – A Political Rate Cut in June, and No Cut in September
On Thursday 6 June, the ECB is widely expected to deliver a 25bp rate cut, […]
Weekly Focus – Euro Economy on Track for Mild Recovery
Economic news was to the solid side this week with not least euro area PMIs […]
Ethereum: Too Soon to Say Goodbye to $3000
Market picture The crypto market lost 2.9% in the last 24 hours, retreating to a […]
Japanese Inflation Falling Towards BoJ 2% Inflation Target
Markets Core bonds fell yesterday with German Bunds marginally underperforming US Treasuries. A solid European […]
Euro Area and US PMIs Surprise to the Upside
In focus today From the US, April durable goods orders and revised May Michigan consumer […]
Waning Reflation Appetite?
The week hasn’t been pleasant for the market bulls. On Wednesday, the FOMC minutes showed […]