The FX market has been only slightly affected by the sell-off in equities. Moreover, even risk-haven currencies, such as the Japanese yen and the Swiss franc, were of limited interest to investors. Overall, the US dollar enjoyed renewed interest from traders. The dollar index hit 90...
Providing strong growth numbers following 2017 Annual GDP growth of 7.10%, 2017 December CPI and WPI Y/Y of 5.21% and 3.58% respectively, we see further potential for recovery in India...
The UK economy is doing fine. According to the first estimates, the economy grew by 1.5%y/y in the last quarter (beating estimates of 1.4%), which indicates that the UK also benefited from the acceleration of the global economy, together with a little help from a weaker pound sterling...
With markets focused on global yield, curves and risk environment RBNZ policy meeting will increase in relevance. There is growing faith in the reflation and central bank “normalization” story, which, counter to economic data has drifted to New Zealand...
The FX market has been only slightly affected by the equity market rout of the last few days; the same cannot be said of the bond market. Indeed, it seems that investors’ panic reaction has been contained to the equity and bond market as investors dumped stocks to rush into bonds...
Monday was Draghi’s meeting at Strasburg. We’ve had a rather positive signal from the President of the ECB, who confirmed that the economy is growing, but that inflation is still expected...
The crypto market sank deeper on Tuesday as the future of cryptos remains foggy. Bitcoin broke its 200dma, which stands at $6,275, to the downside and even fell below the $6,000 threshold during the Asian session...
Investors are getting way ahead of themselves in the current “risk off” environment. The end of “goldilocks” theory, which is driving sell everything mentality, does not have a structural support we would need for the pullback to snowball into an extended correction...
Released last Friday, January’s employment figures sent the greenback to higher ends, temporary at least. EUR/USD trades at 1.2453 (-0.43% since Thursday February 1st 2018) and USD/JPY 109.95 (+ 0.50%) while GBP/USD remains at 1.4120 (-1.01...
After a rough weekend, the sell-off in crypto-assets has resumed on Monday as the equity market tumbled. The total market capitalization of crypto-assets slid to $380 billion this morning, erasing more than half its value since early January when it reached $830 billion...
US interest rate hikes, geopolitical tensions and China's growing debt burden are among the risk factors CIO is keeping an eye on. But while short-term market corrections can't be ruled out, CIO thinks the bear is still asleep for now...
Next week is packed with central bank decisions, both in developed and emerging markets. On the developed market side, the Reserve Bank of Australia will likely remain on hold, given the country's subdued inflationary pressure...
Historically, no asset has been a greater creator of long-term wealth than the stock market. Over time, stocks have generated a 7% annualized return, inclusive of dividend reinvestment and adjusted for inflation...
Yesterdays, FOMC meeting, and Yellen’s final appearance as Fed Chair went broadly as expected. The Fed left interest rates unchanged but indicating that a March rate hike was on the table. The statement highlighted firming inflation and solid economic data...
Chinese economy has proven itself robust last month. Showing signs of continuous progression in manufacturing production following Chinese New Year, Chinese January PMI was at 51.3, slightly weaker than December (51...
EUR/CHF came under renewed selling pressure yesterday in the late afternoon as it slid from 1.1637 to 1.1554 before consolidating at around 1.1570...
US stocks had a poor performance during the last two days, with a performance of -1.43% for Nikkei 225, -1.37% for Dow Jones and -1.09% for S&P500...
Its widely expected that the FOMC will hold policy steady and signal that the next likely interest rate hike will come in March. Therefore, the focus will be on the language around the meeting...
This week comments by the US administration in Davos have weakened the USD, and remarks made by Mario Draghi at the European Central Bank press conference strengthened the euro...
