Market Update
Interest Rate raises are the topic of conversation at the minute with a focus on The European Central Bank & The Fed Reserve. ECB Governing Council Member Martins Kazaks commented […]
Market Update
Last week hosted an eventful week from FOMC members with speeches shifting markets lower and fulfilling trader’s bets of an aggressive Fed tightening program. It is clear from the Fed’s […]
Market Update
The Federal Reserve released their meeting minutes for March yesterday evening, paving the way for USD strength with comments in the report seemingly teeing up a 50 bps hike on […]
Traders to bet on a stronger dollar
Non-farm payroll fuelled traders to bet on a stronger dollar after the BLS reported another month of solid job creation in March. Although the print came in at 431k vs […]
Market Update
Sterling edged higher versus the euro this morning, with investors focusing on the Bank of England’s next moves to tame inflation while avoiding recession risks. The pound lost ground against […]
Market Update
Standstill. That’s one way to explain the currency market over the past day. UK PMI data came out positive except that of manufacturing PMI. Today retail sales came in at […]
Market Update
Uncertainty. If there’s one word to describe the sentiment of FX and global asset markets right now that is it. As expected, President Lagarde’s speech today had no real effect […]
Market Update
This week we have seen markets show their full strength as we saw both the Fed and the BoE hike rates by 0.25% in attempts to battle inflation in both […]
Market Update
Yesterday evening saw the first of 2 Central Bank policy meetings with The Fed Reserve moving forward with a rate rise of 25 bps, the first rate hike taken by […]
Market Update
Anticipation is at its highest amongst Investors as we await an expected rate hike to 0.5% today from the Fed, in a lacklustre attempt to get inflation under control which […]