The rate hike was priced in and the market was on RISK-ON mode yesterday. Main question for the FED yesterday was, what percent will be the hike? To stop inflation 0.5% was a better idea to hike but voters don't… more »
Today ECB meeting, The tone was somber, with repeated risks on lower growth and higher inflation. Risk apetite is down 👇 because Russia-Ukraine war. Inflation forecast: Most important conclusions from Lagarde… more »
After high Inflation in US and Europe, the Covid-19 pandemic outbreak, a new event like war between two major countries affected the markets. War between Ukraine and Russia pushed this morning Gold over 2000$, Oil… more »
The ADP job data surprised to the downside this month: - 301K versus +200K estimate. All economic branches were down this month: The fell was the largest since April 2020 because Omicron outbreak, according to FED… more »
Bank of America Research announce another rally for USD after today FOMC policy meeting. "The Fed will announce the last round of asset purchases at the Jan FOMC meeting, and we see risk for a further hawkish… more »
SPX gave back the gains at the end of the day, because investors lost conviction that an early rally had legs. Risk-On sentiment didn't last after China decreased rates. Fears of inflation and higher interest… more »
We maintain our bearish bias on CHF. Our expectation for four Fed rate hikes in 2022 means we now see US 10yr yields at 2.20% by 2Q22. The SNB remains one of the most dovish central banks in the G10, and we think… more »
Our market forecasts through the balance of the year assume that US Treasury yields will rise but that the US Dollar will depreciate against most crosses. The Dollar's correlation with Treasury yields tends to… more »
The ECB has a monetary policy announcement on Thursday and many investors are wondering if euro will fall as the CAD or AUD.ECB was one of the most dovish central bank because of COVID spread and low performance… more »
BoE's Broadbent says he thinks conditions for a rate rise have been met, but need to focus on medium term BoE's Ramsden says necessary but not sufficient condition for a rate rise have been met BoE's Bailey says he… more »
BoE's Bailey says persistence of COVID means there has not been expected rebalancing of demand between goods and services, pushing inflation higher than expected GBP Going UP 20 pips on news reaction… more »
The BoC leaves its Overnight Rate unchanged at 0.25% as expected, rate of QE unchanged as expected; forward guidance unchanged as expected CAD is going in red worst performance from all currencies with -0.29%… more »
Fed's Bullard (2022 voter) says Fed should proceed with tapering despite the weak US jobs data, while he dismissed concerns the rebound in the labour market was faltering and said there is plenty of demand for… more »
Note, one of the major newswires reported the QE decision as a "hold", although the official RBA release states "purchase government securities at the rate of $4 billion a week and to continue the purchases at this… more »
Goldman Sachs lowers Q4 2021 GDP growth forecast to 5.5% from 6.5% and sees 2021 GDP growth at 5.7%, while it raised Q4 2022 GDP to 3.7% from 3.0% and sees 2022 GDP growth at 4.6%. more »