by Anne Bannerman | Aug 23, 2023
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...
by Anne Bannerman | Aug 16, 2023
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...
by Anne Bannerman | Aug 9, 2023
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...
by Anne Bannerman | Aug 2, 2023
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...
by Anne Bannerman | Jul 26, 2023
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...