by Anne Bannerman | Jun 11, 2024
Last week we saw the first of potentially more rates cuts as both the BoC and ECB cut rates by 25bps. I know our reports have been looking at rate cuts being pushed deeper and deeper into 2024 and the NFP number last week seemed to continue its signal of higher for...
by Anne Bannerman | Jun 4, 2024
Last week the markets were muted despite inflationary data remaining stubbornly high. AUD and NZD were the winners following strong numbers but the real risk off sentiment for the week muted any major moves. The DXY ended the week flat as it failed to show any...
by Anne Bannerman | May 30, 2024
Last week the markets were influenced by impending rate cuts or lack of. GBP regained the 1.27 level as any imminent rate cuts seem to have been pushed back from June to the earliest August. This was substantiated by the most recent inflationary numbers coupled with...
by Anne Bannerman | May 22, 2024
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...
by Anne Bannerman | May 15, 2024
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...
