Analysis

BoE Hike Rates to Another 25bps!

BoE Hike Rates to Another 25bps!

Amidst a backdrop of a declining infection rate and a growing economy with low unemployment in the UK, one concerning issue still looms: inflation remains unacceptably high. In June, prices surged by a staggering 7.9% compared to the previous year, significantly surpassing BoE targeted inflation rate of 2%.
ACY Securities | 697 days ago
US Dollar Keeps Strength towards NFP

US Dollar Keeps Strength towards NFP

A sell-off at the long end of the US Treasury market has cast a shadow over risk assets and hit cyclical currencies. The dollar has been the main beneficiary. Expect focus to remain on the US bond market very much into next week's quarterly refunding.
ACY Securities | 697 days ago
US payrolls will provide a steer on the rate outlook

US payrolls will provide a steer on the rate outlook

Asian markets up despite US/Europe fall. Chinese bank stimulus helps. Australia sees peak in rates. German factory orders rise. US eyes data post rate raise. UK's BoE Chief Economist discusses hike impact. Treasury yields rise in US, UK, Eurozone. Sterling rebounds post BoE policy.
Moneta Markets | 697 days ago
August Key Events

August Key Events

In July, the US dollar experienced a 1.0% decline (DXY) and briefly reached a new low for the year, dropping below the 100.00-level, a level not seen since April of the previous year. This weakening of the dollar was primarily influenced by mounting evidence of a slowdown in US inflation.
ACY Securities | 698 days ago
US Downgrade - What to Trade Now?

US Downgrade - What to Trade Now?

Following the notable downgrade of the USA by S&P on August 5, 2011, a significant event has occurred. The previous downgrade had triggered a profound risk-off sentiment in the financial markets, gaining attention with its own dedicated Wikipedia page.
ACY Securities | 698 days ago
US Gets Downgraded

US Gets Downgraded

Adding to the already existing pressures, as if the market needed any more, Fitch has downgraded US Government debt to AA+, from AAA.
ACY Securities | 698 days ago