We are looking into a potentially interesting week for risk coming up as global growth concerns and central bank action are and will remain the key FX drivers.
However, the main story remains firmly in European quarters, with the … Read more
Risk appetite has deteriorated slightly since the Bernanke fuelled bounce last week but there does not appear to be a strong directional bias for markets either way.
Data has been mixed, with US consumer confidence dipping in March albeit not … Read more
It looks like we are heading for a busy week with a number of factors pointing towards a cautious/reduced risk appetite.
On a generic macro level, we have been getting global data over the past couple of weeks coming in … Read more
The week that was
Last week’s price action was dominated by better macro data across the globe. PMI data came out better than expected in
virtually every country with the exception of Switzerland. An upside surprise of US labour market … Read more
The week that was
The key event of the week past was the FOMC statement essentially doubling the conditional commitment period for the Fed Funds target
range and Chairman Bernanke sounding quite open to further unconventional policies if the recovery … Read more
9/1/12
World Markets weekly write-up:
The week that was
First week of the year kicked off with good risk appetite. Main market focus remained mostly on the
European side with the sovereign debt crisis, and Hungary making the headlines,
whilst … Read more
The week that was:
Maintaining our Euro centric commentary, last week was
highlighted by a – largely expected – ECB rate cut by 25bp to 1% as well as some
changes to the LTRO (long term refinancing operations) program that … Read more
The week that was:
The Eurozone crisis maintained central role in the global markets drama. Last week saw country spreads rising further with Italy and Spain at new highs (10-year yields closing the week at 7.3% and 6.7%, respectively … Read more
The week that was:
Key week for Europe, the Eurozone’s prospects and very much the focus of global markets. For several days it was not clear who would lead the next Greek government. On the Italian shores, similar uncertainty … Read more