Rates and Chips
Yesterday’s US inflation data was the last possible barrier to the much-expected extra 25bp cut […]
Upside Surprise in US CPI Will Strengthen January FOMC Pause
Markets German Bunds outperformed US Treasuries and UK Gilts yesterday as we approach final policy […]
Expect More Sentiment-Driven Trading Today
Markets The Chinese Politburo’s directive changed risk sentiment at the start of European trading from […]
Scandi Releases and China in Focus Overnight
In focus today In Norway, we expect core inflation to remain unchanged at 2.7% y/y […]
US Treasuries’ Outperformance vs German Bunds Didn’t Help EUR/USD
Markets US November payrolls cemented the case for a 25 bps rate cut by the […]
Trump Trade Roars Back, Dollar in Correction, Commodity Currencies Tumble
The resurgence of “Trump Trade” last week reignited optimism across financial markets, driving US stocks […]
Signs Growing Euro Area Markets Nearing Peak Pessimism
Markets Rassemblement National’s Le Pen in interview with Bloomberg caused a sigh of relief across […]
Macron on the Hunt for a New Prime Minister as Barnier Resigns
In focus today The main data event will be the US Jobs Report for November. […]
Barnier Turned Out to be France’s Shortest-Serving Prime Minister
Markets Barnier turned out to be France’s shortest-serving prime minister since the establishment of the […]
Uncertainty Looms in French Politics After Barnier’s Ousting
In focus today President Macron is faced with the difficult task of appointing a new […]