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Markets After Wednesday’s slightly higher than expected August (core) CPI , for a brief while it seemed that the debate on the magnitude of the inaugural Fed rate cut had been concluded in favour of a 25 bps step. However, it isn’t. Money markets again seen an almost even chance between a 25 and 50 […]

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Markets Weekly Outlook – Central Banks to Rule the Roost

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15/03/2024

BoJ Hike in Sight – But No Reason to Rush

The inflation target has been met for 22 consecutive months. Price pressures consistently rhymes with 2% annual inflation but the sustainability of that depends on wage increases. We think the BoJ is almost ready to hike the interest rate to zero and dismantle yield curve control. However, we see no reason to rush and expect […]
13/08/2024

Cryptocurrency Rally Loses Momentum

Market Picture Over the past 24 hours, the cryptocurrency market has rallied 1.6% to $2.08 trillion, but in the past few hours, there has been a sell-off from a high of $2.15 – roughly the midpoint of the past 30 days’ range. Although cryptocurrency prices are higher on average than the previous day, there is […]
26/06/2024

GBPCHF Wave Analysis

GBPCHF reversed from support level 1.1220 Likely to rise to resistance level 1.1450 GBPCHF currency pair continues to rise after the earlier upward reversal from the pivotal support level 1.1220 (which stopped the two previous corrections iv and B). The upward reversal from the support level 1.1220 created the daily Japanese candlesticks reversal pattern Morning […]