Cliff Notes: RBA & FOMC on Hold as ECB & BoE Remain on Tghtening Path
Key insights from the week that was. This week, the RBA decided to leave policy […]
Strong USD Sends Gold to a 3-Week Low
Crude prices rally after Saudis signal output cuts can be extended or deepened Gold struggles […]
Global Bond Market Selloff Extends after BOE signals more tightening ahead
BOE rate hike odds for the September 21st meeting stand at 87.3% The VIX index […]
ISM Index Shows Services Sector Expansion Continued in July
The ISM Services PMI index pulled back to 52.7 in July from 53.9 in June. […]
Bank of England Review – We Stay Negative on GBP with BoE Nearing Peak
In line with our expectation, the BoE today hiked the policy rate by 25bp, bringing […]
Dollar’s Ascent Could be the Start of a Long-Term Trend
The US dollar is continuing the rally that began in the middle of last month, […]
Bitcoin’s Continued Slide Down
Market picture The crypto market cap fell 1.6% in 24 hours to $1.166 trillion. Risk […]
British Pound Under Pressure Ahead of Bank of England Decision
BoE expected to raise rates at Thursday meeting Money markets are split over extent of […]
Bank of Japan Intervened With Unscheduled Bond Buying Program
Markets Bunds and US Treasuries parted ways yesterday. Yields on the latter surged more than […]
RBNZ to Hold in August; But a Hike Still Likely Before Year End
We continue to see the RBNZ raising the cash rate to 5.75%, but in November […]
The Next Key Data Releases that Could Allow ECB to Hike in September
The July central banks meetings lived up to expectations as both the Fed and the […]
US Downgrade Will Focus Attention on Other Countries
Fitch Ratings unexpectedly cut the US long-term credit rating by one notch to AA+. In […]