PREVIOUS TRADING DAY EVENTS – 31 July 2023 According to Eurostat the Euro area annual inflation is expected to be 5.3% in July 2023, down from…
Rates as of 05:00 GMT Market Recap I learned in high school geometry class that you need two points to draw a line. Markets often try…
Rates as of 05:00 GMT Market Recap Tuesday’s market action was in part just a reversal of Monday’s. The safe-haven currencies that gained on Monday (USD,…
Rates as of 05:00 GMT Market Recap I’ve been pretty optimistic about the “soft landing” hypothesis, thanks to the many signs of strength in the US…
Rates as of 05:00 GMT Market Recap I have to admit, as an American citizen, I’m more interested in what went on in the US overnight…
Rates as of 05:00 GMT Market Recap What a shocker! The year-on-year rate of growth in the US consumer price index (CPI) was expected to slow…
Rates as of 05:00 GMT Market Recap Markets were generally quiet and cautious ahead of today’s US consumer price index (CPI), which is now The Big…
Rates as of 05:00 GMT Market Recap Why was CHF the best-performing currency, followed by the commodity currencies? Usually CHF does well in risk-off periods while…
Rates as of 05:00 GMT Market Recap Is the US in recession? Technically, yes – we learned yesterday that Q2 GDP contracted at a 0.9% quarter-on-quarter…
Rates as of 05:00 GMT Market Recap The Fed’s rate decision yesterday – to hike by 75 bps – was in line with market expectations and…
