When the Rear-View Mirror is Foggy, Triangulate
Forecasting is hard when even the past does not stand still. Local markets were heavily […]
ECB Preview – Dialling Back, But Pace Ucertain
On Thursday 12 September, the ECB is widely expected by both analysts and markets to […]
US: Despite Broader Growth Concerns, Service Sector Improves
Summary The services ISM notched a modest gain in August, quelling for now concerns about […]
US Labour Market: Normalisation, Not Recession
Fresh signs of a cooling labour market are boosting confidence in the Fed’s policy turnaround […]
ISM Shows Services Sector Continued to Grow in August
The ISM Services index was virtually unchanged in August, coming in at 51.5 from 51.4 […]
Bitcoin Continues Downtrend
Market Picture The Asian session continues to be tough for cryptocurrencies. The total market capitalisation […]
Loss of Interest Rate Support Weighed on Dollar
Markets Yesterday’s JOLTS report was yet another perfect illustration of market’s high sensitivity to the […]
Another Day with US Labour Market Data on the Menu
In focus today The US ISM Services index is due for release for August in […]
Stocks Could Suffer After the September Fed Rate Cut
US labour market data to determine the size of the first Fed rate cut History […]
Will the NFP Take a September Double Fed Cut Off the Table?
Fed fund futures suggest a 40% chance of a 50bps September cut Powell’s Jackson Hole […]
A Jump in Eurozone PPI Won’t Stop ECB Easing
Perhaps disinflationary trends in the eurozone are giving way to pro-inflationary ones. The eurozone’s producer […]
Bank of Canada Cuts Rates Again, Signals More to Come
The Bank of Canada (BoC) cut its overnight rate by 25 basis points, to 4.25%, […]