PREVIOUS TRADING DAY EVENTS – 21 July 2023 The change in the total value of inflation-adjusted sales at the U.K. retail is estimated to have risen…
PREVIOUS TRADING DAY EVENTS – 20 July 2023 The figures from Australia’s Employment data release show that employment increased significantly, beating expectations for a second month…
PREVIOUS TRADING DAY EVENTS – 18 July 2023 Canada’s Consumer Price Index (CPI) monthly figure showed an increase of just 0.10%. Overall, it rose 2.8% year…
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 It all came down to Friday’s spectacular US nonfarm payrolls, which far exceeded expectations (see table above & commentary…
Rates as of 05:00 GMT Market Recap After two consecutive quarters of negative GDP in the US, commentators were quick to throw the R-word – “recession”…
Rates as of 05:00 GMT Market Recap Well, I feel vindicated! Several Fed officials echoed my views yesterday, largely reversing market sentiment. First off, former Fed…
Rates as of 05:00 GMT Market Recap It’s said in the market that USD/JPY “goes up by the stairs but down by the elevator shaft.” That’s…
Rates as of 05:00 GMT Market Recap JPY continues to strengthen! This is a catastrophe for me as my older daughter is still in university in…
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…
