Chinese Data Showed a Mixed, Rather Unconvincing Picture
Markets Triggered by Fed chair Powell ruling out a hike, then reinforced by sub-consensus payrolls […]
Gold Technical: Stagflation Risk and Softer US 10-year Treasury Real Yield Supporting Bulls
Stagflation risk has led to a softer US 10-year Treasury real yield below 2.38%. The […]
PPI Data Didn’t Feel ‘Right’
Yesterday was one of those days when investors insisted on seeing a glass that was […]
Can Gold Climb to a New Record High?
Gold pulls back after hitting record high near $2430 Retreat remains short-lived as geopolitical risks […]
US Consumers Anticipate Sticky Inflation Ahead
In focus today In the US, April PPI is due for release this afternoon, unusually […]
Fed Speak Cemented Higher-for-Longer Case Last Week
Markets Fed speak cemented the higher-for-longer case last week. On Friday, governor Bowman said she […]
EV Trade Spat Flares Up Amid US Tariff Hike
In focus today Today will be quiet on the data front, with no major releases […]
Morning Report
Key themes: A sharp fall US consumer confidence added to evidence that the US economy is […]
Fed Kashkari Comments Didn’t Bring Life into Mostly Sideways Dealings
Markets US trading hours were only a little more entertaining than dull European ones yesterday. […]
Japanese Yen to Stay in Recovery Mode, While Yields Turning from Resistance
We warned our members about limited weakness and recovery on Japanese yen right before intervention. […]
We Now Expect Two Rate Cuts from Fed This Year
In focus today Today is a quiet day on the data front. In the euro […]