18th October 2022

Espresso Morning Call: Risk rally continues to weigh on USD

Several factors have combined in the early part of the week to encourage a more positive outlook for (...)

17th October 2022

Espresso Morning Call: Sentiment improves, GBP rebounds

After another negative close on Friday, broad sentiment has picked up early this week. The political (...)

14th October 2022

Espresso Morning Call: Massive risk rally continues, for now

A huge intraday turnaround in the US session yesterday drove an enormous risk rally. The momentum of (...)

13th October 2022

Espresso Morning Call: Mild risk negative bias into US CPI

Markets have become more settled in the past few days. A mixed set of FOMC minutes have played into (...)

12th October 2022

Espresso Morning Call: USD gains on pause, GBP volatility

There has been a settling of USD gains overnight as major forex, commodities and indices have seen a (...)

11th October 2022

Espresso Morning Call: USD gains as trends strengthen again

As the US returns from a public holiday, US bond yields are jumping. This is reiterating the trends (...)

10th October 2022

Espresso Morning Call: USD bull run resuming once more

In the wake of another Nonfarm Payrolls report that reflects the tightness in the US labour market, (...)

7th October 2022

Espresso Morning Call: Markets steady for Nonfarm Payrolls

A bias of negative risk appetite and USD strength is beginning to develop once more. However, ahead (...)

6th October 2022

Espresso Morning Call: USD lower despite higher yields

A risk-positive close on Wall Street has held overnight, with the USD still weaker. However, as US T (...)

5th October 2022

Espresso Morning Call: Caution sets in, rallies consolidate

After the huge risk recovery moves on major markets in the early part of the week, there is more of (...)

4th October 2022

Espresso Morning Call: Continued improvement in risk appetite

With the rebound in GBP continuing to play into a broaders risk recovery, the weaker than expected I (...)

3rd October 2022

Espresso Morning Call: GBP jumps again on tax cut u-turn

GBP has jumped once more this morning on a u-turn from the UK Government on its tax-cutting plans. T (...)