08.06.23 Macro Morning
Wall Street was again unable to advance overnight through a somewhat volatile session on both sides of the Atlantic, as European shares also stumbled on the growing conflict in...
Wall Street was again unable to advance overnight through a somewhat volatile session on both sides of the Atlantic, as European shares also stumbled on the growing conflict in...
As risk markets gear up for tonight’s May US jobs report aka non farm payrolls, Fed officials overnight indicated a possible “skip” in the next US rate rise, sending the USD down...
The release of the latest FOMC minutes and continued US debt ceiling negotiations kept risk markets in selling territory overnight on both sides of the Atlantic again. Currency...
Last night saw US stocks breakdown at the end of the session as the debt ceiling shenanigans in Congress ended in deadlock again. This came after the USD lifted again with all the...
Last night saw US stocks finally break a five session downer with green across the board on the back of hope that the debt ceiling crisis may yet be averted, although this is...
It was the ECB’s turn this time with an expected 25bps rate rise, but no pause signalling whatsoever as the not-quite a central bank indicating inflation was still a persistent...
The Federal Reserve signalled a “conditional pause” with a small but expected rake hike overnight, but all eyes were on the regional bank crisis in the US that the Fed seems to be...
A mixed session for Asian stock markets as the RBA plays its Uno Reverse card and shocks with another rate rise, sending the Australian dollar soaring while the local stock market...
Wall Street worries turned into outright selling overnight with more earnings downgrades particularly in the bank sector plus mixed economic messages souring risk sentiment. This...
Wall Street again finished dead flat overnight as earnings concerns mounted while European shares suffered a similar fate as the USD firmed somewhat against the majors. The...