BoC’s Hawkish(ish) 50 bp Hike Could Be Its Last
BoC hikes by 50 bps to 4.25%, bringing cumulative tightening to 400 bps this year […]
Bank of Canada Delivers a 50 Basis Point Hike, But No Guarantees of Future Hikes
The Bank of Canada raised the overnight rate to 4.25%, while stating that it will […]
RBA Board Raises the Cash Rate by 0.25%
Contrary to widespread expectations RBA Board retains strong tightening bias. The Reserve Bank Board lifted […]
FX Year Ahead 2023: Recessions and Trend Reversals
The US dollar steamrolled every other major currency this year, capitalizing on a perfect storm […]
Euro Inflation Notes – A ‘Sticky’ Problem
On the face of it, the November flash HICP figures brought a welcome decline in […]
The Big Picture – Recession with Different Undercurrents
Highlights: Various shocks challenge the global economy, with different undercurrents driving the economic outlook across […]
Fed Minutes Suggest a More Gradual Pace of Rate Hikes Ahead
The minutes from the November 1-2, 2022 Federal Open Market Committee (FOMC) meeting showed that […]
Research US – Inflation Risks Are Not Over Yet
While markets have reacted very positively to the October CPI print, we continue to see […]
Is the Japanese Yen Setting Up for a Trend Reversal?
Interest rate differentials have crushed the Japanese yen. The currency is down 18% against the […]
Markets Looking for Higher Central Bank Terminal Rates
Major central banks around the world have been hiking rates at an unprecedented pace in […]
RBA’s SoMP Lowers Growth Outlook, But Inflation Forecasts are Troubling
The Reserve Bank has released its November Statement on Monetary Policy (SoMP). The highlight of […]
Bank of England Review: A One-off 75bp Hike
Bank of England Review: A One-off 75bp Hike In line with our expectation, the BoE […]