Monthly Archives: July 2021

Friday July 30th, 2021

The US$ consolidates, oil prices dip, equity markets and US yields are down ahead of US consumer sentiment data. The US$ tested a new monthly low and is set for its worst week of performance since May 2021 on this weeks dovish remarks by the Fed and underwhelming economic data which reversed the US$...
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Thursday July 29th, 2021

The US$ weakens, oil markets edge higher, equity markets and US yields strengthen post the Fed comments. The US$ hit almost 5-week lows after the US Fed Chairman Powell reassurance that interest rates will remain unchanged for some time to come. Powell said that the economy made progress towards its...
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Wednesday July 28th, 2021

The US$ & oil prices strengthen, equity markets & US yields rebound as markets eye the Federal Reserve decision. Markets are expecting the Fed to keep rates and its tapering policy unchanged despite rising inflation. The Fed will likely stress markets to remain patience due to rising delta v...
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Tuesday July 27th, 2021

The US$ inches higher, oil prices are steady, while equity markets and US yields dip going into the two-day Fed policy meeting. The US$ stalls near its 15-week highs as the Fed Reserve kicks off its meeting which will culminate with the Fed Chairs comments to the press on Wednesday. The Fed will lik...
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Monday July 26th, 2021

The US$ weakens, oil prices slip, equity markets and US yields are weaker as markets await the Federal Reserve rate decision on Wednesday. Markets will be focusing this week on The Fed’s rate decision where the Fed Chair is anticipated to lay the groundwork for announcing tapering of its asset pur...
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Friday July 23rd, 2021

The US$ edges higher, oil prices slip, equity markets are mixed, while US yields are higher ahead of US PMI data. The US PMI data will be watched closely as the economy tackles covid concerns, supply chain issues, and staff shortages and their impact on US growth. If the PMI data falls short of expe...
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Thursday July 22nd, 2021

The US$ consolidates, oil prices strengthen, equities rallies, and US futures strengthen as investors shrug off covid worries. Market volatility remains elevated as investors balance their risk appetite as covid cases rise across the US and Europe. Markets continue to focus on the bipartisan infrast...
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Wednesday July 21st, 2021

The US$ inches higher, oil prices strengthen, equity markets & US yields rebound while markets remain risk adverse. The Delta variant of covid is replacing inflation as investors primary source of concern. The WHO chief Tedros warns that the world is going into the ‘early stages of another wav...
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Tuesday July 20th, 2021

The US$ and oil prices are flat, equity markets are mixed, and US yields dip as markets consolidate. Markets are grappling with the uncertainty for a global economic recovery as Delta variant fears outweighs inflation concerns. Risk adverse investors returned to the safe-haven US$ & JPY and putt...
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Monday July 19th, 2021

The US$ strengthens, oil prices tumble, while equity and oil markets are weaker as risk-off sentiment grows. The safe-haven US$ gains ground, while equity markets are on their worst run in 18-months amid a global covid surge. The US$ index rallies to near 4-month highs as investors expressed skeptic...
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