As mentioned earlier in the week, one can expect the WHO to only say anything remotely factual after vaccine makers have shared their detailed findings in the next week or two.Pfizer’s news yesterday was encouraging but there will surely be more twists and turns along the way.If anything, I would ex

Just a couple to take note of as highlighted in bold and they are all pertaining to USD/JPY.There’s a few layers of expiries from 112.90 through to 113.70 that may play a role in limiting price action. That said, the technicals themselves are also doing the job in that regard.As such, the expiri

ECB hawks pushing for no APP purchases increase appear ready to compromise
They fear doing nothing risks market turbulence
ECB intends to bolster APP purchases next year once PEPP ends
But there would be limits to size and time of commitment
Open-ended increase in APP purch

A two-dose vaccine is significantly much less effectivePfizer, BioNTech working on omicron-specific vaccineHopes to have that available by MarchAnd with that, is the omicron saga already dead on arrival?The details of Pfizer’s revelation shows that a third dose increased antibodies 25-fold as compar

The pair is down 0.4% on the day with the pound moving to be the laggard in the FX space. This comes amid news of imminent further COVID-19 measures by the UK government to get ahead of the omicron variant.

The relative uncertainty posed by omicron is still a key risk for markets and today is a

S&P 500 futures have pared its earlier gains and European indices are now sitting modestly lower on the session with the travel and leisure sector extending declines to be down 1.6% on the day.
The risks don’t matter until they do and this is a classic example of that.
Going back to the UK situation

Multiple sources are reporting on the matter with a supposed „Plan B“ to be implemented whereby we will see:Recommendation to work from homeCOVID-19 passports for large venuesAdditionally, an update to international travel measures will also come into place later but they will be kept as it is for n

We might get more clarity in the next few weeksSometimes better to bide time before making a decisionHe’s likely alluding to the relative uncertainty presented by the omicron variant. That adds to complications in trying to sell the idea that they are going to step up APP purchases next year. Not le

ECB should not make too long commitments on asset purchasesAPP will be the key instrument in the futureMedium-to-long-term inflation risks skewed to the upsideECB should be wary of premature tighteningI reckon he’s mentioning that they shouldn’t  be tweaking APP purchases yet. Because reading his ot

On Monday, along with rising risk appetite in global markets, buying interest in cryptocurrencies returned. The cryptocurrency fear and greed index added 9 points to 25 overnight. This is still an area of extreme fear, but recent dynamics of the largest coins indicate that this is now the moment for