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Markets Friday’s blow-out payrolls still echoed through markets at the start of the new week. Core bond yields add several basis points again with US Treasuries underperforming German Bunds. US rates jump another 3.3 (30-yr) to 5.5 bps (2-yr). Net gains at the front end already total 30 bps in just two days. Several maturities […]

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21/10/2024

Weak German PPI Send the Euro Back Down

Market picture The German Producer Price Index fell more than expected, preventing the EURUSD from extending the rebound seen at the end of last week. Producer prices in Europe’s largest economy fell 0.5% in September (-0.2% expected), accelerating the annual decline to 1.4% (-0.8% expected) from 0.8% in the previous month. The negative annual growth […]
14/02/2024

USD: CPI Carries The Dollar to Pivots

The higher-than-expected inflation data for January has reignited concerns about rising prices and its implications for Federal Reserve policy. While investors had anticipated rate cuts in the near term, the hot inflation print may delay such actions. As the Fed navigates the delicate balance between containing inflation and supporting economic growth, market participants will closely […]
17/10/2024

GBPCAD Wave Analysis

GBPCAD reversed from resistance zone Likely to fall to support level 1.7750 GBPCAD currency pair recently reversed down from the key resistance zone between the strong resistance level 1.8085 (which stopped the previous impulse wave i) and the upper daily Bollinger Band. The downward reversal from this resistance zone created the well-formed daily Japanese candlesticks […]