Why is Gold Defying Gravity?
Gold stays in rally mode, even when dollar and yields rise Central banks and geopolitics […]
Why Does 10-year US Yield Remain so High?
The 10-year US yield is a key determinant of FX moves It tends to drop […]
ISM-Inspired Treasury Gains Went Hand-in-hand With Profit Taking on USD Long
Markets It’s been a rollercoaster ride for US Treasuries so far this week. (Easter) Monday’s […]
Euro, Sterling Bears Bulldozed by Fed Doves
Federal Reserve (Fed) Chair Jerome Powell reiterated yesterday that the Fed is not in a […]
Rate Decision in Poland
In focus today In the euro area, we receive February PPI data. In Poland, the […]
Stars Aligned for Dollar Yesterday, But Greenback Succumbed
Markets German Bunds opened softer yesterday in a catch-up move with the US Treasury sell-off […]
All Eyes on Euro Area Inflation
In focus today In the US, March ADP private sector employment and ISM Services are […]
New Quarter Starts on a Hawkish Note
Hawkish. The new quarter started on a hawkish note. The European markets were closed, but […]
German Inflation as a Bellwether for Euro Area Inflation on Thursday
In focus today In the US, JOLTs Job Openings are due for release for February. […]
A First Fed Rate Cut in June Seems Highly Premature
Markets German Bunds outperformed US Treasuries yesterday on milder than expected Spanish CPI and soft […]
Fed Speakers Covered Full Spectrum of Intra-FOMC Views
Markets In a more or less synchronic, technically inspired move US, EMU and UK bond […]
ed Speakers Covered Full Spectrum of Intra-FOMC Views
Markets In a more or less synchronic, technically inspired move US, EMU and UK bond […]