September CPI Preview: Sticky-Looking Core to Be Temporary
Summary The overall progress in reining in decades-high inflation should be on display with the […]
Is China Circumventing U.S. Tariffs?
Summary We have written extensively about the deterioration in the trade relationship between the U.S. […]
China – Lift to GDP Forecast After Leaders Draw Line in the Sand
Following the big stimulus and clear growth message from Chinese leaders, we revise up our […]
Sterling Loses Ground Following BoE Bailey’s Interview by Guardian
Markets Core bonds reversed the safe-haven triggered gains of Tuesday. US yields rose by 3.7 […]
Oil Struggles to Break Above Key Medium-Term Resistance
The geopolitical situation in the Middle East gets tenser, and the Federal Reserve (Fed) doves […]
US ISM and Swiss Inflation on Today’s Menu
In focus today In the afternoon, US ISM Services index is due for release. While […]
EUR/USD Update – Euro Vulnerable on Rate Cut Bets and Safe Haven Flows
The Euro’s appeal has diminished due to expectations of ECB rate cuts, fueled by softer […]
Japanese Yen Slides as Political Drama Continues
The yen is sharply lower on Wednesday. In the European session, the USD/JPY is trading […]
Changing of Guard at Swiss National Bank
The Swiss franc is calm on Wednesday. In the European session, USD/CHF is trading at […]
We Continue to Err on the Side of Another 50 bps Fed Rate Cut
Markets German Bunds outperformed US Treasuries yesterday. German yields closed 4.8 bps (2-yr) to 9.8 […]
Risk Off Reins
First, the US east and gulf ports went on a strike on Tuesday, as expected. […]
Tensions Escalating in Middle East
In focus today In the US, ADP private sector employment growth will provide some early […]