Edit

Looking for Clarity While Waiting for Godot

February 05, 2022
In the first few weeks of the year, there have been several breakouts in the foreign exchange market that have not been sustained.  The dollar broke higher to start the year against the Japanese yen, rising to five-year highs only to reverse and return to the JPY112.50-JPY115.50 range that confined it more or less since the middle of last October.…
Looking for Clarity While Waiting for Godot Looking for Clarity While Waiting for Godot Reviewed by Marc Chandler on February 05, 2022 Rating: 5
Edit
European Interest Rate and Oil Price Adjustment Continue Ahead of US/Canada Jobs Report European Interest Rate and Oil Price Adjustment Continue Ahead of US/Canada Jobs Report Reviewed by Marc Chandler on February 04, 2022 Rating: 5
Edit
Hawkish BOE is Expected, but the ECB may Pushback against the Market's Tightening Bias Hawkish BOE is Expected, but the ECB may Pushback against the Market's Tightening Bias Reviewed by Marc Chandler on February 03, 2022 Rating: 5
Edit

Eurozone Inflation Surprises Higher, but German Rates Slip

February 02, 2022
Overview: The apparent campaign by Fed officials to calm market fears that its operational flexibility was going to choke growth is having the desired effect.  The implied yield of the December Fed funds futures contract is easing for the second session after jumping by more than 25 bp in the previous five-session slide.  Tech earnings from Alphab…
Eurozone Inflation Surprises Higher, but German Rates Slip Eurozone Inflation Surprises Higher, but German Rates Slip Reviewed by Marc Chandler on February 02, 2022 Rating: 5
Edit

German 2-Year Yield Rises to Six-Year Highs

February 01, 2022
Overview: From the pre-weekend low to yesterday's high, the NASDAQ rallied around 7.5% and is trading a little firmer ahead of the US open.  Bottom-pickers emerged after the tech-heavy benchmark slid about 20% from its record high late last year.  At the same time, a chorus of Fed officials have underscored Chair Powell's message that whil…
German 2-Year Yield Rises to Six-Year Highs German 2-Year Yield Rises to Six-Year Highs Reviewed by Marc Chandler on February 01, 2022 Rating: 5
Powered by Blogger.