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Chris Becker
27.07.23 Macro Afternoon By Chris Becker - Jul 27, 2023

Asian stock markets are having a solid day after yesterday’s Chinese led stumble, absorbing the as expected rate rise from the US Federal Reserve overnight. Tonight however we wait to see if the...

Barani Krishnan
Fed Day: Where to for Gold, Silver? By Barani Krishnan - Jul 26, 2023

98% consensus for 25-bps hike means gold, silver to dip before Powell comments Fed chief’s outlook on rates will tell if another hike due before the end of 2023 While another rate pause is seen...

David Llewellyn-Smith
Australian dollar feasts on China nothing burger By David Llewellyn-Smith - Jul 26, 2023

DXY was flat last night:AUD popped:OIl and gold were stable:Dirt lifted but this is not your grandfather’s Chinese stimulus:Miners (NYSE:RIO) went stupid. Good short here:EM (NYSE:EEM)...

Chris Becker
26.07.23 Macro Morning By Chris Becker - Jul 26, 2023

Overnight saw Wall Street put in another strong session on the back of a two year high in US consumer confidence as traders position for tonight’s FOMC meeting. The USD remains firms against the...

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