Market Overview

Risk sentiment soured again overnight, as expectations of any ceasefire of progress in Ukraine dwindling with European shares and then Wall Street both losing over 1% for the night. The defensive USD...

DXY is up and away again:   AUD fell:With Oil:Metals were OK:Miners (LON:GLEN) too:EM stocks (NYSE:EEM) gave up:Junk (NYSE:HYG) was mixed:The Treasury curve flattened again:Stocks rolled:Westpac...

After a choppy 12 months and a slide during early 2022, semiconductor stocks now look appealing. Shares of many chipmakers are trading at a discount compared to the S&P 500 Index relative to the...

Asian stock markets are translating overnight setbacks to relative pullbacks as the possible peace in Ukraine evaporates. The USD is mixed with Yen hovering on its overnight lows, while Euro is still...

DXY is flushing its war premium and EUR regaining some poise:   The Australian dollar is falling anyway:Oil was up:Base metals were up:Miners (LON:GLEN) too:EM stocks (NYSE:EEM) held:Junk...

Asian stock markets have bifurcated in risk again with Japanese shares lagging due to some poor retail sales data and a stronger Yen while Chinese and Australian shares continue to rebound. The USD is...

DXY fell as war risks receded:   The AUD was roughly stable:Oil puked:Base metals fell:Big miners (LON:GLEN) fell:EM stocks (NYSE:EEM) popped:Junk (NYSE:HYG) too:The 2-10 yield curve inverted,...

Asian stock markets are having a better session today despite some volatile moves in bond and commodity markets with the twin lead from Wall Street and Europe overnight helping. The USD is pushing...

The US dollar index is rising towards critical breakout levels. It is my view that it will break out to twenty-year highs in the months ahead:   That was enough for the AUD to sag though not...

Week Ahead Preview - Highlights include US jobs report, PCE; China PMI; OPEC+, World Government Summit, EU-China meetingMON: US Dallas Fed Manufacturing Business Index (Mar), Retail Inventories...

Federal Reserve policymakers flooded the zone last week to signal their readiness to be more aggressive in raising interest rates if needed to fight inflation.Fed Chairman Jerome Powell took the lead...

Friday night saw risk sentiment again bifurcate as European stocks failed to engage while Wall Street lifted on upgraded forecasts from a more hawkish Federal Reserve. The USD was basically unchanged...

DXY was up again Friday night and its bull market looks strong:   AUD largely paused:The shorts added to positions last week after the recent squeeze:Oil and Oil fell:Base metals were mixed:Big...

An array of drivers could force steeper Fed rate hikes Yields near three-year highs suggest possible bear market ahead Traders will have plenty to grapple with during the week ahead as an array of...