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Chris Becker
25.08.23 Macro Morning By Chris Becker - Aug 25, 2023

Wall Street tumbled on the latest initial jobless claims numbers and fears that inflationary based rate hikes may not yet be over as everyone awaits Fed Chair Powell’s speech at the Jackson Hole...

David Llewellyn-Smith
Australian dollar plummets into Jackson Hole By David Llewellyn-Smith - Aug 25, 2023

DXY is breaking out:AUD plummeted:CNY has not been saved:Commodities were hosed:Miners too:EM stocks fell:Junk too:Yields rose but the curve was stable:Stocks were smashed:This was quite a...

Chris Becker
24.08.23 Macro Morning By Chris Becker - Aug 24, 2023

Bad news is good news for risk markets as the latest PMI’s for US and Europe came in softer than expected, giving some further credence that rate hikes are working and will eventually –...

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