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David Bassanese
What landing? By David Bassanese - Apr 08, 2024

Global markets – week in review It was largely a case of good news is bad news again on Wall Street last week, with a series of stronger-than-expected activity reports pushing back rate cut...

Chris Becker
08.04.24 Macro Morning By Chris Becker - Apr 08, 2024

Wall Street got a big boost on Friday night from a hot non-farms payroll/US jobs print that initially saw the USD spike higher before the details were absorbed in full. While the hot report will...

Chris Becker
05.04.24 Macro Afternoon By Chris Becker - Apr 05, 2024

A sea of red across Asian share markets today due to the sharp reversal on Wall Street overnight as markets rebalancing their risks around the Federal Reserve rate cut agenda, which seems to keep...

Chris Becker
05.04.24 Macro Morning By Chris Becker - Apr 05, 2024

Wall Street fell sharply overnight on very cool Fedspeak that indicated that the US Federal Reserve is still being quite patient when it comes to rate cuts, as inflation concerns remain high. The...

David Llewellyn-Smith
Australian dollar floats on oil By David Llewellyn-Smith - Apr 05, 2024

DXY eased:AUD popped:No help from North Asia:Oil bull:Dirt bull:Mining bust:EM false break out:Junk is warning:Yields eased:Stocks puked:Weirdly, it is a battle between dovish Fed speakers pushing...

Chris Becker
04.04.24 Macro Afternoon By Chris Becker - Apr 04, 2024

Asian share markets are bouncing back despite closed Chinese markets and relatively low rebound overnight on Wall Street. The shakeout from Fed Chair Powell’s speech and the falling of USD is...

Chris Becker
04.04.24 Macro Morning By Chris Becker - Apr 04, 2024

Risk markets pivoted overnight on both the latest ISM services print and Fed Chair Powell’s speech, where he posited that rate cuts are on the way, but perhaps not too soon. The ISM was weaker...

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