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David Bassanese
Extended Pause By David Bassanese - Jul 31, 2023

Global marketsThe ‘melt-up’ in US stocks continued last week, with the S&P 500 adding another 1.0%.  There were various reasons for investors to remain upbeat: the Fed hiked rates...

David Llewellyn-Smith
Australian dollar crushed by European recession By David Llewellyn-Smith - Jul 31, 2023

DXY held firm Friday night: AUD was crushed:   Commods popped: Miners (NYSE:RIO) fell: EM stocks (NYSE:EEM) are having another crack: Even junk (NYSE:HYG) did better: Bonds were bid as...

Chris Becker
31.07.23 Macro Morning By Chris Becker - Jul 31, 2023 1

Wall Street capped off a volatile trading week on Friday night with strong gains across the board as risk markets absorbed the triple whammy of Fed, ECB and BOJ central bank meetings. While the ECB...

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