The Bank of England (BoE) started the cycle of tightening monetary policy by hiking the UK Base Rate by 15 basis points to 0.25%, the first-rate hike in over three years, at the last Monetary Polic…
Archiv für den Monat: Januar 2022
Euro Q1 2022 Fundamental Forecast: Still No Rate Hike, Still No Euro Recovery
After dropping almost continuously for more than six months, you might think that EUR/USD is overdue a substantial rally. The problem is that it remains almost impossible to imagine a catalyst for …
Bitcoin Q1 2022 Fundamental Forecast: Macro Will Matter (More) To Bitcoin
The path forward has been anything but smooth as bitcoin investors have consistently weathered periods of gut-wrenching volatility. For some traders, this is an attractive feature of the asset, the…
USD Q1 2022 Fundamental Forecast: Dollar's Hawkish Path Is Not Necessarily a Bullish One
The US central bank announced a significant shift in its monetary policy stance to end 2021, but the ultimate impact of the more hawkish bearing seemed to barely register for the Dollar and risk as…
ETHUSD Stabilizes at 3700 For Now, Eying Further Downside?
ETHUSD started off the week with bearish momentum, having dipped to the 3700 level yesterday. While ETHUSD has been outperforming many of its peers, the broader crypto space still is signaling some downward trends in the near-term. This was on full display Tuesday as BTCUSD and other major coins
USD/JPY stays perky, closes in on 116.00
The pair continues to trade at its highest in five years and barring any major risk-off shift, it may be tough for sellers to turn the tide unless we see a technical air pocket at the 116.00 level itself.
Otherwise, the dollar can take comfort from higher yields but bond traders will have to fig
Otherwise, the dollar can take comfort from higher yields but bond traders will have to fig
Heads up: OPEC+ meeting to begin later at 1300 GMT
The bloc is expected to stick with the status quo and keep with the planned 400k bpd increase in February. Considering how members are content with the oil price rebound after the slump in late November, I don’t see why they should change things up now.Oil is continuing to make more headway in the n
The bond market is arguably the key spot to watch this week
That will depend on the continuation of flows from yesterday, adding to the mix ahead of the FOMC meeting minutes release as well as the US non-farm payrolls release on Friday.
The wedge pattern certainly indicates that eventually, something’s gotta give.
And if yields are to break to the topside
UK November mortgage approvals 67.0k vs 67.2k prior
Prior 67.2k
Net consumer credit £1.2 billion
Prior £0.7 billion; revised to £0.8 billion
Net consumer credit £1.2 billion
Prior £0.7 billion; revised to £0.8 billion
Slight delay in the release by the source. Mortgage approvals are seen steadying as conditions start to moderate from the peak in the months before. This comes as housing market activity also ease
Vor allem Online-Handel boomt: Einzelhandel macht 2021 trotz Corona Rekordumsätze
Der Einzelhandel mit Kleidung und Lederwaren musste durch die Corona-Regeln Einbußen hinnehmen. Das Online-Geschäft sorgt jedoch für eine positive Bilanz.