by Anne Bannerman | Apr 11, 2023
Last week was a busy week but with the long Easter break the week ended more subdued. An unexpected oil production cut from OPEC+ which spiked oil price. The week ended with Non -Farm Payrolls which came inline so now the market will be looking towards the Fed and if...
by Anne Bannerman | Apr 4, 2023
Last week was quieter than expected. Initial fears of a full-blown banking crisis seemed to subside with Deutsche bank and US regional bank contagion fears all but gone for now. The US Dollar had a relatively quiet week with month / quarter end flows dominating. Both...
by Anne Bannerman | Mar 29, 2023
Last week the Fed was faced with the decision of what to do with rates. Containing pressure on US banks was being offset by inflationary pressures. On the day the Fed raised rates by 25bps giving a soft dovish message alongside it. The banking sector remained in...
by Anne Bannerman | Mar 21, 2023
Last week we saw elevated levels of volatility and uncertainty. The week before SVB was failing in the midst of a regional banking crisis. Last week we saw the SNB step into backstop Credit Suisse as the troubled lender grappled with a falling share price and a lack...
by Anne Bannerman | Mar 15, 2023
Last week we expected the markets to be all about the data. We had the Fed speaking early in the week which continued the higher for longer theme and the hotly anticipated monthly payrolls were due Friday. However, all this was outshone by the news that SVB bank was...
