Thursday’s higher-than-expected US consumer price index (CPI) was the last straw for the markets. With inflation now at 7.5% yoy, the highest since 1982, investors upped…
Author BDSwiss
Rates as of 06:00 GMT Market Recap US inflation surprised to the upside yesterday, as it has for eight out of the last 12 readings (it…
Rates as of 06:00 GMT Market Recap A generally “risk-on” feel in the markets, with most European and US market indices rising yesterday (Euro Stoxx 50…
Rates as of 06:00 GMT Market Recap AUD led the pack higher yesterday in a continuation of the currency’s recent rally. Why? Remember that graph I…
Rates as of 05:00 GMT Market Recap The commodity currencies staged a rebound Monday that seems to be largely just mean reversion from their fall on…
Rates as of 05:00 GMT Market Recap I’ve frequently argued that the ADP report is an unreliable guide to nonfarm payrolls, but even I didn’t think…
We’ve talked a lot about inflation, the impact of the pandemic, the impact of labor shortages, used cars and microchips, whether it’s “transitory” or whether prices…
Rates as of 06:00 GMT Market Recap A tale of two central banks, both of which surprised the market by their hawkishness. Let’s take them in…
Rates as of 05:00 GMT Market Recap Not much movement in currencies today. The biggest move was a reversal of NZD and AUD, as the second…
As the most traded and liquid financial market in the world, the Forex market is the main focus of the markets with analysts, institutional investors, and…