Markets Struggle for Direction

Markets Struggle for Direction

Last week the markets struggled to make any directional moves. Compared to the rest of 2023 so far this was a quiet week. With further weakening in global economic data this could well point towards an impending recession. The Dollar still looks weak but overall ended...
Are We Reaching Pivot?

Are We Reaching Pivot?

Last week had the US CPI and PPI releases which would give guidance to how the Fed may react in the coming weeks. The CPI showed further inflation slowdown and the PPI also surprised on the lower side. This moved the US Dollar lower through the week, but Friday saw...