Market Overview

How US inflation report affects the US dollar and stocks

Markets are torn. Will the ECB hike this week or not? We think it will, but we look at how different scenarios can impact rates and FX. Even in our base case, we suspect that convincing markets that...

On Monday, the Nigerian naira (NGN) was the best-performing currency among the 20 global currencies we track, while the US dollar showed the weakest results. The Australian dollar (AUD) was the leader...

With regard to US economic indicators, very little has happened over the past three months. Coincident data have become weaker but not dramatically so, while there have been no significant changes in...

Correlation is not causation, however, when you have such strong correlations in the market, you must take note of them. That is the case with the US treasury markets and the USD/CNH. Although the...

Valuations have driven all the S&P 500 stock market returns this year. Now the focus is on recovering earnings to drive the next leg of the bull market. These are being driven up by tech...

In the short-run, energy stocks are outperforming the S&P 500.The Strategic Petroleum Reserve (SPR) is at its lowest point since 1983, at 347 million barrels. Established in 1975 from the fallout...

Global markets have enjoyed a strong rebound this year following 2022’s rout, but recent turbulence suggests that previous highs reached will remain elusive for the near term.The good news for...

BoJ’s Ueda hints at end to negative rates by year-end if wages riseDollar starts week on the backfoot as crucial CPI data awaitedChina hopes lift aussie, equities; easing Apple (NASDAQ:AAPL)...

On Friday, the Russian rouble (RUB) was the best-performing currency among the 20 global currencies we track, while the Nigerian naira (NGN) showed the weakest results. The Canadian dollar (CAD) was...

USThis week is all about the US CPI report and retail sales data. If the US demand for goods didn’t weaken that much and if inflation heated up, rate hike expectations for the November meeting...

Investors in Europe and the US are preparing for a volatile week as the economic docket is full of fireworks. Since last week, concerns about the Fed’s interest rate cycle have begun to surface...

With inflation fading, the US Federal Reserve continues the fight against… inflation!The question is ‘why?’ Why do Jerome Powell and the Federal Reserve continue to tilt against the...