Daily Market Bulletin – 18 January 2022
Read the daily market update as we head towards the European open, to get some of the latest developments, main market moves and upcoming events
The economy of a nation is the engine that drives prosperity and creates wealth for that country and its citizens. A nation's utilization of its available resources and manpower has a great influence upon its overall economic prowess. Factors such as governmental structure, access to valuable commodities, size and sophistication of the labor force, and relations with trade partners are all key components of achieving economic stability. Governmental politics play a crucial role in the resolution of many issues facing a nation. The potential impact upon international markets of U.S. President-elect Trump's economic policies, tensions between Russia and NATO, and…
Read the daily market update as we head towards the European open, to get some of the latest developments, main market moves and upcoming events
Last week saw headline US inflation running at its fastest pace since the early 1980s. This week will see inflation releases for the UK, Canada, Euro Area, and Japan. Bank earnings were subdued but remain an interesting industry as we move into a tightening cycle. Netflix releases results on Thursday.
Read the daily market update as we head towards the European open, to get some of the latest developments, main market moves and upcoming events
This was an eventful week with key economic releases, lots of Fed speakers, the start of the earnings season in the US and significant market moves
Read the daily market update as we head towards the European open, to get some of the latest developments, main market moves and upcoming events
Introduction The USD has been pulling back since its peaked in December. Moreover, the greenback has declined markedly since the CPI release yesterday, which showed inflation increasing at its fastest pace in 40-years. The pullback in the greenback may be a function of the "buy the rumour, sell the fact" phenomenon. I.e., markets are forward-looking, and FXCM's USDOLLAR basket accelerated its momentum upwards as far back as September last year.…
Read the daily market update as we head towards the European open, to get some of the latest developments, main market moves and upcoming events
10-2 Treasury Yield Spread The 10-2 yield curve will be a concern for the Fed. Since April 2021 it has been flattening considerably (blue square area). The Fed has indicated three rate hikes for 2022, and the market sees a distinct possibility for a fourth. However, the Fed (and central banks in general) tend to operate on the short-term side of the yield curve. This means that, in isolation, these…
The US Federal Reserve has adopted an increasingly hawkish stance over the last few months, but Chairman Powell appeared reserved during Wednesday’s nomination hearing
Read the daily market update as we head towards the European open, to get some of the latest developments, main market moves and upcoming events
Read the daily market update as we head towards the European open, to get some of the latest developments, main market moves and upcoming events
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