Can a Sidelined Bank of Canada Prove Positive for the Loonie?
In March, the Bank of Canada became the first major central bank to stop raising […]
Markets Aren’t Too Worried About Future Inflation Risks
Markets Three in a row. Yesterday’s scenario on core bond markets was another repeat from […]
Treasuries Up, Stocks Down on Mounting Recession Odds
Yesterday was a typical risk-off day in the financial markets. The US treasuries rallied, the […]
Markets Shown Asymmetric Reaction Function Since SVB Collapse
Markets It was groundhog day on financial markets yesterday. Core bond yields – as on […]
Surprise 50bp Hike from RBNZ Pours Cold Water on Doves
US yields tanked and the US dollar slipped yesterday, after the US JOLTS data showed […]
Equity Markets Turn Negative
Market movers today Today we get the final PMIs from Europe and the US. In […]
US Treasuries Rallied With Front End Outperforming
Markets The unexpected OPEC+ production cut pushed Brent crude prices from $80/b to $85/b, but […]
RBA Holds Fire, Attention Shifts to RBNZ
Unsurprisingly, Monday’s price action was mostly about oil. The barrel of American crude settled around […]
Oil Price Jumps on OPEC Production Cut
Market movers today The main data release this week is the US labour market report […]
Dollar Showed No Clear Directional Trend
Markets Yesterday, markets further left behind last week’s financial stability concerns and returned to the […]
Will PCE Inflation Numbers Add Credence to Fed Pivot Bets?
Following last week’s FOMC decision, market participants are assigning a decent chance for the Committee […]