Risk-on continues its trend

Risk-on continues its trend

Last week we saw a return to a risk-on environment. The US Inflation report muted any calls for US interest rates to move higher leading to an equity rally and risk-on currency move. The DXY ended lower by 0.8% as equity markets took over the main focus. The Dow broke...
Currencies More Subdued (Apart from Yen)

Currencies More Subdued (Apart from Yen)

Last week was a far more subdued week as market eyes were elsewhere. Global markets rallied pushing stocks to new highs in Europe and US markets posting substantial gains. As we saw apart from that currencies were far more quiet with only Yen giving back some of the...
Risk-on continues its trend

Currencies More Subdued (Apart from Yen)

Last week was a far more subdued week as market eyes were elsewhere. Global markets rallied pushing stocks to new highs in Europe and US markets posting substantial gains. As we saw apart from that currencies were far more quiet with only Yen giving back some of the...
Currencies More Subdued (Apart from Yen)

BoJ Intervenes to Shore Up Yen

Last week we saw a reversal of the dollar strength which saw once again market expectations of 2 or more rate cuts in 2024 back on the table. With disappointing job numbers and a less hawkish than expected Powel the dollar tumbled away its gains and stock markets were...
Risk-on continues its trend

BoJ Intervenes to Shore Up Yen

Last week we saw a reversal of the dollar strength which saw once again market expectations of 2 or more rate cuts in 2024 back on the table. With disappointing job numbers and a less hawkish than expected Powel the dollar tumbled away its gains and stock markets were...