Monthly Archives: June 2021

Wednesday June 30th, 2021

The US$ & oil prices edge higher, equity markets & US yields are lower ahead of US ADP jobs data today. The ADP Employment Change is expected at 600k vs previous 978k, the results will be watched closely, although not necessarily predictive for Friday’s key NFP it will be watched closely f...
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Tuesday June 29th, 2021

The US$ higher, oil prices dip, equity markets and US yields are mixed as risk on appetite eases. The US$ edges towards a 3-month high as virus cases rise, risk appetite eases and markets patiently wait for Fridays US Jobs data for direction. Market sentiment has dipped this week with the news of ri...
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Monday June 28th, 2021

The US$ dips, oil prices hold steady, equity markets & US yields weaken as markets await US Jobs data on Friday. The US$ is broadly steady in early trading as global markets start the week on a cautious tone as currency markets shift their focus towards the key US Nonfarm payroll data on Friday....
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Friday June 25th, 2021

The US$ dips, oil prices hold steady, equity markets are mixed while US yields edge higher ahead of US inflation data today. The US$ drifted lower in early trading with the US Infrastructure agreement underpinning a shift to “risk-on” for currencies, but markets are cautious ahead of US ...
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Thursday June 24th, 2021

The US$ is steady, oil prices, equity markets and US yields all edge higher ahead of flurry of US data. Risk on sentiment is returning after the Fed appears to have dialed back its hawkish tone and reiterates its transitory inflation narrative. The focus today will be on the US Jobs data, US GDP, US...
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Wednesday June 23rd, 2021

The US$ is flat, oil prices rally, while equity markets and US yields are mixed after the Fed steadies their policy message after market volatility. Fed Chair Powell testimony and other senior Fed speakers calmed markets highlighting it’s very unlikely to see 1970s style inflation, reiterated ...
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Tuesday June 22nd, 2021

The US$ strengthens, oil prices dip, equity & US yields are mixed ahead of the Fed Chairs testimony today. The key focus today will be the Fed Chair Powell’s prepared testimony before the House Select Subcommittee. The Fed Chair is expected to note economic improvement, rising inflation remain...
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Monday June 21st, 2021

The US$ dips, oil prices edge higher, equity markets strengthen, while US yields are mixed as global markets adjust to the new Fed outlook. The Fed will continue to dominate the markets with 16 Fed members speaking this week, including the Fed Chair testifying on Tuesday. Markets will be looking to ...
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Friday June 18th, 2021

The US$ stalls, oil prices extend weakness, equity markets are mixed while US yields dip as markets take stock after two days of volatility. The US$ boosted by the Fed’s shifts in tone on inflation and brings forward dates for raising interest rates sees the US$ heading for its best week in 9-mont...
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Thursday June 17th, 2021

The US$ continues its rally, oil prices hold steady, equity markets weaken while US yields are mixed after the Fed moves up its timeline for rate hikes. The Fed on Wednesday considerably raised its expectations for inflation in 2021 and brings forward the timeline to as soon as 2023 on when it will ...
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