Tag: daily macro commentary
Risk Appetite to Determine Dollar Level
Yen appreciation to bring concerns to Tokyo
Since the start of the year the dollar has been in a downturn versus the Japanese Yen. There...
MPC Teases Traders
Hawkish Carney hides Brexit fears
Mark Carney the Governor the Bank of England must have been a relieved man following his press conference yesterday. He...
Germany agrees Coalition.
To return to “Lead Europe”
Angela Merkel the German Chancellor yesterday agreed the dark that it seems no one really wanted, sealing a Grand coalition...
Pop!
Age of cheap money comes to an end.
And just like that it was all over as if it had never existed.
Yesterday’s fall in U.S....
NFP to Continue the Fantasy
Reaction to estimated data entirely appropriate.
It is and always has been a complete mystery to me how the market reacts to the non-farm payroll...
Powell takes over as Fed Remains Balanced
Fed on course to Hike in March
The Federal Reserve and Treasury seem to be on different paths, one providing impetus for a stronger dollar...
Brexit Trips up Sterling. Again.
UK optimism unfounded.
When you were young, did you have a younger brother who, no matter how many times you played a trick on him,...
Confusion reigns!
Market suddenly hit with drivers from all directions.
So, does the U.S. have a dollar policy? Be it weaker be it stronger, Trump and Mnuchin...
Weak Dollar Policy Out in the Open
Mnuchin “lets the cat out of the bag”
It came as no surprise to finally hear it from the lips of the U.S. Treasury Secretary,...
Draghi in the spotlight
Tomorrow’s ECB Meeting to set the tone
There is growing expectation that following tomorrow's meeting of the Governing Council of the European Central Bank, President...