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Chris Becker
07.06.24 Macro Morning By Chris Becker - Jun 07, 2024

The ECB cut rates for the first time since 2019 overnight but it was fully expected with further rate cuts unlikely at this stage, according to ECB President Lagarde. This gave Euro a small push...

David Llewellyn-Smith
Australian dollar cheers ECB rate cut By David Llewellyn-Smith - Jun 07, 2024

DXY was soft as EUR firmed: AUD is stuck in the mighty wedge: North Asia helped a little: Oil is dead cat bouncing: Ditto metals: Miners: And EM: But junk is stalled: As yields rose a touch: Stocks...

Chris Becker
06.06.24 Macro Morning By Chris Becker - Jun 06, 2024

Another record high for Wall Street overnight with strong breakouts on both sides of the Atlantic as European shares soared on speculation the ECB will cut rates tonight. The Canadian central bank...

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