Market Overview

Markets have been drowning in a sea of negatives in recent months. Between a torrent rise in yields, partially driven by a runaway US deficit, a multi-month rally in the US dollar, and now a sudden...

Tomorrow’s release of third-quarter economic data is expected to show that US output accelerated, based on GDP nowcasts from several sources compiled by CapitalSpectator.com.The Bureau of...

In a 14-month-long fight against inflation, the ECB has already hiked the rates 10 times. A pause in a rate-hiking cycle is now highly likely. The ECB must strike a delicate balance as inflation...

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

PMIs suggest the US economy entered Q4 on solid footingThe divergence between US/Eurozone outlooks weighs on euro/dollarAussie rallies on stickier inflation, yen pinned near 150-per-dollar markWall...

A 2-year auction demanded a 5.055% yield, lower than the prior auction yield of 5.085% Bid-to-cover 2.64x vs 2.73x prior (lower than 1-year average) Flattening trade remains: 2-year yield +3.2bps;...

In January 2023 the clues appeared to be aligning in favor of an end to the Federal Reserve’s rate hikes. It was a false dawn – the Fed lifted its target rate four times in subsequent...

The situation in the Middle East destabilized on October 7. The escalation will carry the most severe consequences for political arrangements and the economic field.Let's take a close look at the...

On Monday, 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 British pound (GBP) was the...

We continue to see high volatility in the US sovereign papers near important psychological levels where investors are invited to decide what to do next. In this respect, the US 10-year yield shortly...

Market Overview: S&P 500 Emini FuturesThe market is forming S&P Emini another leg down after reversing into a big outside bear bar. The bulls want a reversal up from a wedge bull flag. The...

On Friday, the Russian rouble (RUB) was the best-performing currency among the 20 global currencies we track, while the Indonesian rupiah (IDR) showed the weakest results. The Swiss franc (CHF) was...

This will be one of those weeks with significant risks quietly lurching in the background. Again, the biggest of those risks are the Treasury auctions, which haven’t been going particularly...

Risk sentiment is improved this week compared to Friday as tensions in the Middle East didn’t escalate as much as feared during the weekend. Hamas released two hostages and humanitarian aid...