EM bond gains could exceed 8% under 2013 scenario
After a brutal first-half 2022 performance for emerging markets, there’s a potential resurgence, particularly for bonds.
JPY Higher, AUD Lower Despite Recovery in Risk Sentiment
Rates as of 0500 GMT Market Recap JPY continues to strengthen! This is a catastrophe for me as my older daughter is still in university in Japan. She now costs me about 4.5 more than she did just a little over a week ago! Its also a puzzle. JPY has been strengthening recently on thoughts […]
UK Inflation Expectations Fall again as BoE nears Rates Decision
LONDON, Aug 1 Reuters The British public39;s expectations for inflation fell again in July, a survey showed on Monday, potentially adding to the case for the Bank of England BoE to increase interest rates by only a quarter percentage point later this week. U.S. bank Citi and pollsters YouGov said expectations for inflation in five […]
Crude Oil Price Slips as China PMIs Disappoint Ahead of OPEC+. Where to for WTI?
Crude oil is softer today after Chinese activity data missed forecasts ahead of this week’s OPEC+ meeting. Will an equity market rally push the Fed to a more hawkish stance?
US Dollar Reversal Accelerates, More Losses Ahead? USD/SGD, USD/PHP, USD/THB, USD/IDR
The US Dollar extended losses against ASEAN currencies this past week. Is further downside in store for USD/SGD, USD/PHP, USD/THB and USD/IDR ahead?
Japanese Yen Rally Continues Against US Dollar and Swiss Franc. Will CHF/JPY Break Range?
The Japanese Yen has strengthened against the US Dollar and the Swiss Franc but is yet to recover levels seen in June. Will the uptrend in USD/JPY and CHF/JPY resume?