Happy New Year

So, 2024 has arrived and we hope everyone had a fantastic Christmas break. Last week saw the markets still in semi holiday mode…
The post Happy New Year first appeared on trademakers.

Read More

Dollar Regains Strength

Last week we expected US Yields to be the focus but, in the end, it was commodities. With Friday also being US Payrolls the beat that we saw Yields creep, but commodities sold off. The Dollar finally had a positive week. The DXY gained 0.8% to close just below 104 as US economic data came in better than expected.
The post Dollar Regains Strength first appeared on trademakers.

Read More

Yields Move Lower

Last week continued the theme as Yields broke lower and Bond buying picked up pace. Dollar selling was the currency trade of the week.
The post Yields Move Lower first appeared on trademakers.

Read More

Yields Find Support

Last week was quieter than normal on the economic data side. The main focus remained Yields and the US Dollar. The Dollar was slightly lower on the week with the DXY down…
The post Yields Find Support first appeared on trademakers.

Read More

Rate Cuts on The Horizon

Last week we had a slew of data from the US. We saw the CPI data print lower than expected which although was only a slight miss the market took a large reaction to. The market is no longer pricing in any further rate rises in the US and cuts are now more expected in 2024.
The post Rate Cuts on The Horizon first appeared on trademakers.

Read More

Risk Assets Rally Continue

Last week we saw a continued pattern of the previous week. Risk assets pushed higher with yields moving lower. The Dollar reversed some of the previous week losses. The FED hawkish statement supported the greenback and the DXY closed the week 0.7% better just below 106.
The post Risk Assets Rally Continue first appeared on trademakers.

Read More

Geopolitical Risks Continue to Weigh

Last week we continued to see the familiar patterns of risk aversion. Rising tensions in the middle east weighed heavy on the markets and the fear of further escalation put the markets in a cautious mood.
The post Geopolitical Risks Continue to Weigh first appeared on trademakers.

Read More

Yields Remain in Focus

Last week yields continued to be the center of attention as they broke out and made new higher highs. This continued rise will have a negative effect on risk especially as we move into central bank decision times.
The post Yields Remain in Focus first appeared on trademakers.

Read More

Israel Conflict Weighs on Risk

Last week we continued to see yields as the main driver for the markets. We had US CPI which was higher than expected but although yields failed to push higher, they still remain at elevated levels. Risk off continued as the sad events in Israel and the Gaza strip brought uncertainty to the markets as fear about escalation increase.
The post Israel Conflict Weighs on Risk first appeared on trademakers.

Read More

Yields Continue to Rise

Last week was the first in a new quarter, but a similar pattern emerged. Yields continued to dominate and rise as payrolls had an upside surprise at the end of the week.
The post Yields Continue to Rise first appeared on trademakers.

Read More

End of Q3

Last week we were lighter on Economic data but as previously highlighted the yield moved higher and risk assets moved lower. The Dollar continued its move higher. It has moved higher for around 10 weeks now and…
The post End of Q3 first appeared on trademakers.

Read More

After the Storm

Last week we had a busy week with Central banks. Decisions from the Fed, BoE and SNB kept the markets busy looking at the forward guidance…
The post After the Storm first appeared on trademakers.

Read More

Central Banks Back in Focus

Last week we saw The European Central Bank (ECB) raise rates by 25bps and US CPI numbers. As we saw US inflation continues to remain at elevated levels and higher for the longer has once again been brought back into focus. The USD still maintained its move higher with the DXY gaining around 0.2%.
The post Central Banks Back in Focus first appeared on trademakers.

Read More

US Dollar Remains in Control

Last week was quieter though the US Dollar continued its recent trend. The DXY rose 0.8% to close just above 105 and this 2-month USD rally is now beginning to look overdone.
The post US Dollar Remains in Control first appeared on trademakers.

Read More

Mixed Data and Mixed Signals

Last week we saw a plethora of important data as we moved in September. US Inflation and GDP were inbound along with the all-important payrolls.
The post Mixed Data and Mixed Signals first appeared on trademakers.

Read More

Jackson Hole Weekend

Last week we thought might be quieter given we are in the summer months but as ever the market looked to prove us wrong. The weeks focus was on the Jackson Hole symposium…
The post Jackson Hole Weekend first appeared on trademakers.

Read More

US Dollar and Yields Rally

Last week was the first full week of August. Usually, a more peaceful time in the markets but this year continues to be the exception to the rule. US Dollar and Yields rose post CPI release.
The post US Dollar and Yields Rally first appeared on trademakers.

Read More

Central Banks Nearing Inflection Point?

Last week we saw continued dovish tones from central banks. Firstly, the RBA left rates unchanged, surprising markets who were expecting a 25bp rise.
The post Central Banks Nearing Inflection Point? first appeared on trademakers.

Read More

Fed and ECB Meet Expectations

Last week both the Fed and ECB raised rates in line. However Fed Chairman Powell continued a dovish tone on any future rate rises saying it will be data dependent. ECB Lagarde also noted that they may have reached the end of their tightening cycle.
The post Fed and ECB Meet Expectations first appeared on trademakers.

Read More