Back to Economic Data With All-Important European PMI
Markets The ECB delivered a 50 bps hawkish-to-the-bone rate hike yesterday. More than a third […]
Xmas Mess
I should admit that I thought the major event of this week would be Federal […]
Bank of England Review – A Dovish 50bp as BoE Nears the End of Hiking Cycle
In line with our expectation, the BoE today hiked policy rates by 50bp, bringing the […]
Expect Fed to Raise Terminal Policy Rate to 5% and Perhaps Even More
Markets US CPI eased more than expected in November to 7.1% headline and 6% core […]
All Eyes on the US CPI
Market movers today The market highlight today will be the US CPI for November. We […]
‘Quite before the (potential) storm’ on markets today
Markets ‘Quite before the (potential) storm’ on markets today as investors are counting down to […]
Risk-off/Wait-and-See Approach Makes Perfect Sense
Markets Friday’s session had some interesting features in store. European traders eyed the second voluntary […]
Fed Preview – Tightening Pressure Persists into 2023
Despite the strong November Jobs Report and ISM Services, market seems convinced that Fed will […]
Markets and Fed are on Collision Course
Markets A third consecutive session of low trading volumes saw US Treasuries jump significantly higher. […]
Equities, Oil Fall, Bonds Gain on Recession Fears
Stocks fell for a fifth day, but the sovereign bonds gained, a hint that the […]