The US$ is flat, oil prices rebound, equity markets are mixed, and US yields dip in thin trading with UK & US bank holidays. The OECD raised its global growth forecasts to 5.8% for 2021 and 4.4% for 2022. The OECD expects the US economy to grow at 6.9% in 2021 supported by its strong […]...

The US$ & oil prices edge higher, equity markets are up, and US yields strengthen ahead of the US inflation data. Economists expect the US core Personal Consumption Expenditures (PCE) prices to jump in April to 2.9% from 1.8% previous. The Fed is maintaining its narrative of inflation as transit...

The US$ holds steady, oil prices dip, equity markets are mixed and US yields inch higher ahead of US data releases. The US$ bounced off its lows after hints of tapering from Fed Quarles yesterday saying if the economy strengthens as he expects, it opens debate about tapering bond-buying stimulus. US...

The US$ inches higher, oil prices dip, equity markets are mixed while US yields hold steady as the US inflation debate continues. Tuesday’s US Home prices in March saw their highest growth in +15 years, rallying 13.2% y/y March. Fed officials yesterday continued to play down inflation fears as tra...

The US$ weakens, oil prices dip, equity markets strengthen, and US yields are flat post the Feds reiteration on inflation concerns. The Fed maintains its transitory inflation narrative in three separate speeches on Monday, their comments removed any short-term taper expectations for markets and saw ...

The US$ dips, oil & equity markets strengthen & US yields are mixed ahead of US data releases and more Fed speech today. Focus shifts to US service & manufacturing PMI, US Existing Home Sales as well, Fed Daly will be speaking today. Markets will likely remain within current ranges and o...

The US$ & US yields dip, oil prices weaken, while equity markets rebound ahead of US jobs data. The FOMC minutes on Wednesday showed several Fed officials appeared ready to consider changes to monetary policies based on continued strong economic recovery. The minutes highlighted the trouble that...

The US$ weakens, oil prices & equity markets strengthen while US yield stall as the Fed reiterates it stance on rates. Fed Vice Chair Clarida said on Monday, it is not time to start taper talk, stating the weaker-than-expected US Jobs report highlights the economy has not yet reach the threshold...