Market in Review 22/2023
With most of Europe and the US closed for holiday today, the market will rip higher thanks to the US debt ceiling being lifted as Biden and McCarthy come to an arrangement.
Market In Review 21/2023
With all this in play, it is a difficult balance for investors. The idea of stocks rising for sustained period seems unlikely
Market In Review 20/2023
Last week saw US inflation come off a tad but still a long way to go. The US Fed heads (Governor Bowman) are still talking of higher rates. There is also the issue of banking crisis still lingering, in fact getting worse. And the big one this week, the US debt ceiling.
Market In Review 18/2023
All eyes will be on the Fed at the FOMC. Odds are high for a 0.25% move again which is in stark contrast to the RBA who will not raise rates. Making the interest rate differential between the two economies at 1.65%.
Market In Review 17/2023
Bit of a dud week with conflicting signals for the global economy. USA in particular is giving off multiple mixed signals, with data points both showing inflationary and recessionary.
Market In Review 16/2023
With the FOMC almost two weeks away, soon the Fed members will be in communication lockdown so expect a few more talking heads prior to radio silence.
Market In Review 13/2023
At face value, all seems OK in the USA. They are getting bailouts, economic data still strong (PMIs) and stock market finished up on the week. However, pop the hood and the engine underneath tells a different story.
Market In Review 09/2023
As inflation weakened throughout the last half of 2022 everyone was talking about and positioning for a Fed “pivot”. That narrative is now dead
Market In Review
US inflation this week came out higher than expected across Core and pipeline inflation numbers along with retail spending.
Market In Review 07/2023
For us FX traders, the search for yield comes in the form of getting the direction right and not fussed about the direction, as long as it is moving there is opportunity for a return. T
