by Anne Bannerman | Jul 18, 2023
Last week was a volatile one as slowing inflation and further reduction in upward price pressure came through in the data. CPI and PPI both came in lower which sent both yields and the US Dollar lower. The Fed rate decision is incoming, and a further continuation of...
by Anne Bannerman | Jul 12, 2023
Last week we saw sentiment move more and more towards further rate rises for the Fed with the phrase “Higher for Longer” being touted. The US job market remains hugely resilient with this week’s CPI print being hugely important for forward guidance. The US...
by Anne Bannerman | Jul 4, 2023
Last week we had a week of consolidation post recent central bank announcements. Continued hawkish rhetoric from both the Fed and the ECB came out through the week stating the fight against inflation continues but how much more tightening monetary policy can the...
by Anne Bannerman | Jun 27, 2023
Our previous report had the Fed dominating the week. Last week it was the turn of the BoE and Norges Bank who both surprised by raising base rates 50bps. Inflation remains stubbornly high in the UK and the latest PMI surprise pushed the possibility of 50bps rate rise...
by Anne Bannerman | Jun 20, 2023
Last week we were dominated by the Fed which held rates mid-week. However, despite the hold the tone was a hawkish hold with a further 2 rate rises expected with fed funds looking to peak around 5.6% vs the original expectation of 5.1%. The Dollar fell as the markets...
