USD traded lower as the US bond market saw another up day yesterday. This pressured yields and helped gold to rally higher. US stock markets continued higher on some follow-through…Read More
German equity investors are beginning to turn more bullish on stocks. Last week was a strong week in Dax (with a reactionary low higher than the previous) indicating that investors…Read More
EURUSD drops lower with EUR approaching parity with the dollar sending the USD-Index higher. So far so good, that’s what you’d expect to see as the Fed hikes rates and…Read More
The US CPI exceeded expectations but the US T-Bond market didn’t sell off. Higher inflation should mean a higher probability that the Fed is going to raise rates aggressively and…Read More
T-Bond market rallied further yesterday pointing to an expectation that today’s US CPI data would show a sharp decline in the monthly CPI growth. The analyst consensus expectation is that…Read More
Some of the war premium in oil and gas eroded as the Russian president didn’t declare war in his victory day speech. Retired Russian Colonel Mihail Hodarjonok said on Russian…Read More
US stocks traded lower on Friday as investors are worried about rate hikes and extra tight Covid measures (lockdowns) in Shanghai. The concern is that they could create recession as…Read More
US economy is seeing substantial growth in jobs. The US April NFP was confirmed at 428K vs 391K expected by the analyst consensus and Average Hourly Earnings came in below…Read More
As usual, we wait to see if the NFP expectations are either exceeded by a significant margin or whether the actual number is way lower than analyst consensus had predicted.…Read More
Fed Chair Jeremy Powell called off the 0.75% hikes some had expected. This helped the other markets to rally against the dollar quite sharply. Stocks, gold and the major dollar…Read More
