Market Overview

The most recent NFIB (National Federation Of Independent Business) survey is sending a strong signal of an economic recession. In 2019, the NFIB survey, combined with an inverted yield curve,...

At least for one night, markets have declared deflation the winner. DXY shot up as EUR sank on a dovish ECB:   AUD dislocated from all risk:As commodities sank:Miners (NYSE:RIO) were slaughtered:EMs...

The Federal Reserve raised its policy rate range 25bp to 4.5%-4.75% and indicated it isn’t finished yet. With the economy losing momentum, the jobs market showing tentative signs of cooling, and...

US market rates fell after the Federal Reserve decision but this looks more like a market positioning effect than anything specific from the meeting. Expect some retracement. Both the European Central...

BOE As for today’s economic calendar, we have two important economic events unfolding. Firstly, it is the Bank of England’s meeting. The bank is expected to increase the interest rate by 50 basis...

DXY broke support last night as the Fed failed to hawk up: AUD to the moon, outpacing all DMs:Gold up, oil down:Metals down with oil:And miners (NYSE:RIO):EM stocks (NYSE:EEM) firmed:Junk (NYSE:HYG)...

What follows is a somewhat-edited version of Episode #50 of the Inflation Guy Podcast; Hello and welcome to Cents and Sensibility, the Inflation Guy Podcast. I am Michael Ashton, the Inflation Guy,...

By Greg Peel Sticker Shock Wall Street saw month-end profit-taking on Monday night but there was going to be none of that malarkey on the ASX yesterday for the last day of January. The futures...

DXY finally rebounded as EUR fell:   That triggered reversals across all markets. AUD down:Commods down:Miners (NYSE:RIO) down:EM stocks (NYSE:EEM) down:Junk (NYSE:HYG) down:US yields up:Stocks...

MON: Swiss KOF (Jan), Japanese Retail Sales (Dec), Japanese Unemployment (Dec), UK Nationwide House Price (Jan) TUE: Australian Retail Sales (Dec), Chinese NBS PMIs (Jan), German Import Prices (Dec),...

JUST LIKE THAT, growth stocks are back in vogue. Vanguard Growth ETF (NYSE:VUG) has outpaced Vanguard Value ETF (NYSE:VTV) by more than nine percentage points over the past three weeks. That gap in...

Global markets It was another positive week for risk sentiment globally, with mixed US activity data consistent with the continued possibility of a soft landing, while a key US inflation report was...

DXY is consolidating after its big fall:   AUD is afire:Oil and gold stalled:Base metals are looing for China confirmation:Big miners (ASX:RIO) dropped:EM stocks (NYSE:EEM) will reopen into the return...

GDP data suggest the economy remains very strong However, there are signs that inflation may not go away easily This may call for more action by the Fed The latest quarterly GDP data suggest the...