11th May 2022

US CPI does not fall as much as expected in April

US CPI inflation fell less than expected in April. This is sending bond yields higher and selling pr (...)

5th May 2022

Bank of England hikes but GBP falls on weak economic outlook

A Bank of England rate hike was expected, but the market has reacted to a deterioration in the UK ec (...)

14th April 2022

ECB holds rates and chooses not to end its APP earlier

The ECB has remained cautious and is at the dovish end of the scale of central bank monetary policy. (...)

12th April 2022

US CPI soars to 8.5%, firming hawkish Fed expectations

Inflation has jumped in the US with headline CPI above 8% for the highest level since 1982. However, (...)

5th April 2022

Hawkish hints from the RBA drive AUD higher

The hawkish hints from the RBA have driven further strength in the Aussie. This has driven some key (...)

17th March 2022

A “dovish” hike from a cautious Bank of England

The Bank of England has joined the Fed in hiking interest rates by +25bps. However, this looks to ha (...)

10th March 2022

US inflation rises sharply again but in line with forecasts

US CPI inflation has increased sharply again, with headline levels now close to 8%. However, this wa (...)

23rd February 2022

US Core CPI drops more than expected, USD slips lower

The evidence is mounting that US inflation has peaked. We look at the impact of today’s US CPI data (...)

23rd February 2022

Eurozone flash PMIs decline as re-opening momentum fades

Looking at the implications of a negative surprise in today’s Eurozone flash PMI data. Markets seem (...)

23rd February 2022

US ISM Services positive surprise boosts US equities

Assessing a positive surprise in the ISM Services data, it seems that it is equity markets that are (...)

23rd February 2022

GBP slips as UK CPI falls more than expected in September

There may be a near term re-assessment of Bank of England tightening, but this decline in UK inflati (...)

23rd February 2022

Strong Nonfarm Payrolls keeps the Fed on tightening track

Nonfarm Payrolls have shown a strong beat in October. This leaves the Fed on track with its tighteni (...)