Análise

Inflation Remains the Market’s Priority

Inflation Remains the Market’s Priority

Events in Russia have had little discernible impact on the FX market so far. Instead, the hot topic of high inflation and what policymakers are prepared to do about it remains the market's priority. This will be at the top of the agenda at this week's ECB's annual symposium in Sintra. Expect another mixed week in FX markets and possible BoJ intervention.
ACY Securities | 688 dias atrás
Wagner and The Global Data Worry.

Wagner and The Global Data Worry.

Markets in Limbo as people wash through the events of Wagner and Russia over the past few days. There really doesn’t need to be anything more said on the momentary Wagner upheaval. It is all over. The leader either in hiding or on his way to exile in Belarus. The troops returning to normal duties and also relieved.
ACY Securities | 688 dias atrás
China moves to stabilise currency

China moves to stabilise currency

Asian markets mixed as China stabilizes currency. UK inflation falls to 8.4%. US durable goods orders set to fall, but green investments boost non-defence orders. Consumer confidence below pre-Covid levels. Central banks to discuss interest rates at ECB forum. Interest rate uncertainty affects UK and US bond yields.
Moneta Markets | 688 dias atrás
Wagner Impact in a falling market.

Wagner Impact in a falling market.

While some momentary support to equity markets from the Wagner Group mutiny is possible, the fundamental pressure I am sorry to say, again continues to crumble away at the foundations of recent equity strength.
ACY Securities | 689 dias atrás
ECB central bank conference kicks off in Sintra

ECB central bank conference kicks off in Sintra

Concerns about China's growth affect Far East equities, US/European futures may gain. A failed coup in Russia doesn't shift market sentiment. German IFO survey may indicate economic slowdown. ECB's Lagarde to discuss persistent Eurozone inflation. In the UK, Bank of England's Dhingra, dissenting on the rate hike, to speak. GBP/USD above 1.27 after unexpected rate rise.
Moneta Markets | 689 dias atrás
Stocks Falling, USD Bid - We Explain

Stocks Falling, USD Bid - We Explain

While the world has faced and continues to face many challenges, these major historic errors of largely western central banks in completely missing the rise of a new inflation animal, continue to wreak havoc around the globe.
ACY Securities | 692 dias atrás
Fed Chair Powell’s Testimony Triggers Sell-off

Fed Chair Powell’s Testimony Triggers Sell-off

USD: Fed Chair Powell’s testimony triggers sell-off. During the Asian trading session yesterday, the US dollar continued to trade at weaker levels, extending the decline from yesterday. This weakness in the US dollar has resulted in a rise in the EUR/USD pair, bringing it close to the 1.1000-level and approaching its highest point of the year in April at 1.1095.
ACY Securities | 692 dias atrás