Market Overview

Global markets – week in review Global stocks continued to rally last week – leaving April’s mini-pullback well behind – on the back of a lower-than-expected US CPI and the prospect of eventual US...

Friday night saw continued volatility on European markets due to more political instability while Wall Street was unable to continue its record highs as interest rate expectations moderated. The USD...

EUR: Election injection, becoming a collection.Moves across European FX markets have been consistent with the sudden injection of fresh political risk premia, reminiscent of some of the risk...

Recently, James Grant, editor of the Interest Rate Observer, was asked about his outlook for interest rates. He sees interest rates moving in a cyclical pattern, potentially rising for another...

Asian stocks are muted as markets continue to digest this week’s double US CPI/PPI prints with the latest BOJ meeting providing the only catalyst throughout the region as Yen is sold off as they hold...

Overnight saw another record high for Wall Street but a swift selloff in Europe as political tensions rise again as the followup PPI print came in softer than expected amid a higher than expected...

DXY is back: AUD sagged but is breaking out versus EUR: North Asia no help Commodities all breaking: Miners soft: EM hanging in: As junk bounces: Will yields break down this time? Stocks keep on...

Asian stocks are mixed as markets continue to digest the overnight US CPI print with the followup PPI print tonight possibly muddying the waters on how dovish the Fed will be with its rate cuts. The...

Stocks finished higher after the CPI report fell below analysts’ expectations and swap pricing. The CPI headline y/y and m/m missed swap pricing, something we haven’t seen frequently in recent...

The much anticipated US CPI print came and went overnight and while it came in slightly lower, sending USD down considerably against nearly everything, the post conference by Fed Chair Powell...

DXY fell last night: AUD jumped. Breakout against EUR looks possible: No help from North Asia and the CNY fix is the key driver of the AUD range trade: Oil and gold rebounded: Metals too: And...

A surprise 0.2% MoM core CPI inflation print after a similar reading for April core PCE deflator offers good news for the Fed in its fight to ease price pressures. This needs to become the trend...

The CPI report for May was definitely good news. In April, core CPI was +0.29% and Median CPI was +0.35%; this month those figures were +0.16% for core and +0.25% (est) for median. That would be the...