US ISM and Swiss Inflation on Today’s Menu
In focus today In the afternoon, US ISM Services index is due for release. While […]
US ADP employment rises 143K, wage growth slows
US ADP report for September showed private employment increased by 143k, surpassing expectations of 120k. […]
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 […]
US: Manufacturing Index unchanged in September
The ISM Manufacturing Index was unchanged in September, holding at 47.2 and a smidge below […]
US ISM manufacturing unchanged at 47.2, continued contraction
US ISM Manufacturing PMI was unchanged at 47.2 in September, falling short of expectations of […]
Japanese Yen Slips as Powell Signals Small Cuts
USD/JPY is calm on Tuesday after the US dollar jumped 1.03% a day earlier. In […]
Euro Area Inflation and US Labour Market Data in Focus
In focus today Today, focus is on euro area HICP inflation from September. We expect […]
ECB Can Afford to Take a More Dovish Stance
The Chinese stocks extended gains on Monday as China announced more stimulus measures and investors […]
Fed’s Barkin flags risk of inflation getting stuck
In the remarks overnight, Richmond Fed President Thomas Barkin expressed that he’s still “more concern […]