Monthly Archives: August 2021

Tuesday August 31st, 2021

The US$ dips, oil prices weaken, equity markets are mixed while US yields slide as markets await Fed tapering clues. The US$ index continues to edge weaker towards 3-week lows as markets look to Fridays US Nonfarm Payroll figures for clues on the Fed’s tapering timing. Intraday a combination o...
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Monday August 30th, 2021

The US$ is flat, oil prices dips, equity markets strengthen while US yield ease driven by the Fed Chairs dovish comments. Friday’s Fed Chair’s Jackson Hole speech clarified that the Fed is targeting tapering by the end 2021 but tapering does not imply a rise in US interest rates. The US$ index d...
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Friday August 27th, 2021

The US$ is steady, oil prices rise, equity markets and US yields are mixed ahead of the Fed Chairs Jackson Hole speech. The US$ steadies as markets wait for the Fed Chair’s highly anticipated speech with analysts doubting that Fed Chair Powell will make any hints on tapering timelines. We see the ...
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Thursday August 26th, 2021

The US$ is steady, oil prices dip, equity markets are down, while US yields are mixed ahead of the start of the Jackson Hole Symposium. Analysis lowered their expectations for Fed Chairs Friday speech, adopting a neutral stance due to a rise in the Delta variant across the US. Analysis expect the Fe...
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Wednesday August 25th, 2021

The US$ and oil prices strengthen, equity markets are mixed while US yields hold firm ahead of todays US Durable Goods Orders. The US Durable Goods are expected to drop -0.3% vs previous 0.9% in June, but any improvement from the number will provide strength to the US$. The US$ recoups some lost gro...
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Tuesday August 24th, 2021

The US$ steadies, oil prices extend gains, equity markets are mixed and US yields firm as risk-on sentiment grows ahead of the Jackson Hole Economic Symposium. Global markets continue to rebound ahead of the Fed Chairs speech at Jackson Hole on Friday, where Fed tapering expectations have eased. Tod...
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Monday August 23rd, 2021

The US$ weakens, oil prices rally, equity markets & US yields strengthened as markets rebound on Fed comments. Fed President Kaplan said on Friday that rising Delta cases is limiting production output and that a persistent adverse impact could make him change his views on Fed tapering timing. Fe...
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Friday August 20th, 2021

The US$ holds gains, oil prices remain under pressure, equity markets and US yields are down as risk off sentiment grows. Global equity markets fell for a 5th day, the US$ strengthens in a flight to safety on rising covid cases, concerns for Chinese growth, increasing supply chain disruptions and t...
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Thursday August 19th, 2021

The US$ strengthens, oil prices tumble, equity markets weaken, and US yields slip on the Fed’s taper discussion. On Wednesday the Fed minutes showed policymakers expect to taper their asset purchases by the end of 2021 but the minutes showed a split amongst policymakers over the labor markets. Tod...
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Wednesday August 18th, 2021

The US$ is flat, oil prices rally, equity markets are mixed while US yields firm ahead of the Fed minutes. Fed Chair Powell refrained from any significant comments on tapering in his speech on Tuesday, setting the stage for the Fed minutes today. Public comments from bank officials suggest the Fed m...
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