US Dollar continues to rise along with China woes

Last week we saw the continuation of dollar and yields rising bringing a general risk off sentiment to equities and commodities. The USDollar rallied but found resistance above the 103.50 level as the FOMC minutes gave the indication that there was a level of...

US Dollar and Yields Rally

Last week was the first full week of August. Usually, a more peaceful time in the markets but this year continues to be the exception to the rule. US Dollar and Yields rose post CPI release. The dollar rallied as shorts were covered and gave continued support. DXY...

Central Banks Nearing Inflection Point?

Last week we saw continued dovish tones from central banks. Firstly, the RBA left rates unchanged, surprising markets who were expecting a 25bp rise. Later in the week the BoE only raised by 25bps instead of 50bps as they see signs the UK economy is showing signs of...
Fed and ECB Meet Expectations

Fed and ECB Meet Expectations

Last week both the Fed and ECB raised rates in line. However Fed Chairman Powell continued a dovish tone on any future rate rises saying it will be data dependent. ECB Lagarde also noted that they may have reached the end of their tightening cycle. The US Dollar...
Fed and ECB Meet Expectations

Inflation Slowing and Fed on The Horizon

Last week we saw continued evidence of inflation starting to slow across the global economy. The UK which has the most stubborn level of inflation showed signs of slowing. This puts the spotlight on the upcoming Fed decision and if they raise a further 25bps. The US...