9th March 2023

USD eases back amid lower Chinese CPI and a tempering Powell

Strong upside momentum on the USD has eased as Jerome Powell tempered the hawkish mood and Chinese i (...)

8th March 2023

Hawkish Fed Chair Powell sends yields and USD soaring higher

In his bi-annual congressional testimony, Fed Chair Powell cut a hawkish figure. With the prospect o (...)

7th March 2023

Reserve Bank of Australia dovish hike weighs on AUD

A +0.25% rate hike by the RBA is being seen as a slightly dovish move. The prospect of an end in sig (...)

6th March 2023

China’s underwhelming GDP target weighs on AUD and oil

The Chinese Government has set out its growth plans for the year. They are more cautious than had be (...)

3rd March 2023

Bitcoin falling sharply as contagion risk engulfs crypto

Silvergate, a US bank that specialises in crypto and digital assets is suffering huge losses from th (...)

2nd March 2023

ISM Manufacturing contraction with price pressure hits risk

The ISM Manufacturing PMI remains in contraction, but pricing pressures are increasing. This is driv (...)

1st March 2023

China’s reopening shifts the narrative amid strong PMIs

On the first trading day of March, news of the acceleration of China’s reopening shifted the narrati (...)

28th February 2023

GBP benefits as new Brexit deal fosters EU/UK relations

The UK and EU have come to a new post-Brexit agreement on the treatment of Northern Ireland trade. I (...)

27th February 2023

Inflation concerns driving the USD towards a key breakout

Inflation is not falling as fast as hoped in the US. This means that US interest rates will need to (...)

24th February 2023

JPY weakens as prospective BoJ Governor holds dovish line

The nominee hearings governor in Japan’s parliament for the next BoJ show Ueda toeing the dovish lin (...)

23rd February 2023

FOMC minutes confirm an edge towards higher rates

With limited surprises in the FOMC minutes, market reaction has been fairly restrained. There is lit (...)

22nd February 2023

RBNZ continues the run of hawkish central banks, NZD gains

The Reserve Bank of New Zealand is the latest central bank to err on the hawkish side. Sticky inflat (...)