German economy to be measurably hurt by Russia-Ukraine war, starting from MarchSupply chain problems to worsen as a resultHigher energy prices to dampen German household consumption, industrial outputGerman economic rebound in Q2 will be much weaker than expectedGerman inflation to rise further due
Schlagwort-Archiv: EUR
Aussie, pound slightly lower on the day so far
There’s not much for traders to work with to start the new week so it seems like we are seeing the technicals stay more respected.
European equities are mixed with US futures slightly lower, while bond yields are continuing to keep higher on the day. I would say there’s not much conviction to start
European equities are mixed with US futures slightly lower, while bond yields are continuing to keep higher on the day. I would say there’s not much conviction to start
When will the Canadian dollar break the 9-month range? Five things to watch
The Canadian dollar finished the week strong with USD/CAD falling to 1.2600 at Friday’s close from as high as 1.2870 on Tuesday. That’s very close to the seven-week low of 1.2587 set at the start of the month.
For months, the loonie has been stuck in a push-and-pull from rising commodi
For months, the loonie has been stuck in a push-and-pull from rising commodi
Forexlive Americas FX news wrap: Risk rally continues as hawkish talk shrugged off
Fed’s Waller: The data is basically screaming at us to go for 50 bps
Fed’s Barkin says he’s ‚very open‘ to a 50 bps move if inflation does not begin to settle
Fed’s Kashkari sees rates at 1.75-2.00% at year-end
Biden-Xi call report says US did not make requests of China
White
Fed’s Barkin says he’s ‚very open‘ to a 50 bps move if inflation does not begin to settle
Fed’s Kashkari sees rates at 1.75-2.00% at year-end
Biden-Xi call report says US did not make requests of China
White
Biden-Xi call report says US did not make requests of China
I don’t know if there’s anything new here. If anything this sounds a bit softer than some of the earlier readouts.
Biden stressed to Xi that providing material support to Russia would have consequences not just from the US but the wider world
Laid out to Xi in detail the unified r
White House: Biden described consequences of China providing support to Russia
Biden described the consequences if China provides material support to RussiaTold Xi that US policy on Taiwan has not changedIt looks like Xi is in a tough spot.
Fed’s Barkin says he’s ‚very open‘ to a 50 bps move if inflation does not begin to settle
The odds of a 50 basis point cut on May 4 are at 47% at the moment. I imagine this debate will be going on for awhile.Yield curve a ‚handy predictor‘ but not ‚destiny’Balance sheet reduction should begin ’soon‘
MUFG trade of the week: Sell EUR/USD
In its weekly FX pick, analysts at MUFG suggest selling the euro from spot with a target at 1.0710 and a stop at 1.1230.
„Based on the events unfolding and the immediate outlook ahead, we see a greater risk of a renewed deterioration in market conditions with the US dollar set to advance v
„Based on the events unfolding and the immediate outlook ahead, we see a greater risk of a renewed deterioration in market conditions with the US dollar set to advance v
US housing is hotter than it’s ever been, despite rising rates
I think US housing is the single best trade in the world. Mortgage rates are rising fast but 7 hikes are now priced in for this year and a few more after that. I just can’t see a sudden stop in demand with borrowing rates up 50 bps in the past couple months.From CIBC: Freddie Mac reported that the 3
Why the Fed’s Bullard wanted to hike by 50 basis points and start quantitative tightening
St Louis Fed President James Bullard dissented in Wednesday’s decision. He called for a 50 bps hike and also wanted to start trimming the balance sheet. He noted that the economy will grow above trend in 2022 and 2023 and further strengthen a jobs market that’s „already stronger than it’s