Catch up on the latest trends and updates in the financial and forex markets with our daily blog posts. We break down key movements, currency changes, and market shifts, giving you a clear picture of what's happening in real-time. Stay on top of the news and get the info you need to make smart financial decisions.
US inflation pushed higher, according to the latest reading of the preferred inflation gauge of the Fed, the PCE indicator. This was not unexpected, but did result in bond yields spiking higher, along with the US Dollar. The EUR drifted back to 1.1650, while the GBP slipped back below 1.3600.
Read more →The feared crises in the US bond market appears to have been averted, at least for now! Treasury announced the expansion of the US Treasury ‘bond-buy-back scheme’, but said it would be funded by a US$1 Trillion, ‘General Fund’.
Read more →A slow start to the trading week, as bond yields eased in the US and the US Dollar looked to regain some lost ground. The EUR fell back to 1.1650, while the GBP drifted back towards 1.3600.
Read more →US equity markets closed a negative week, on a positive note, posting gains across the board. The week was dominated by urgency in global bond markets, with intervention from the US Treasury, failing to quell fears or bond yields. The underlying problem is massive deficits and debt.
Read more →Global Bond yields resumed their dangerous climb back into record territory, largely brushing off the US Treasuries new plan, to cap long-dated bond yields. Treasury plans to double buy-backs of long-dated debt, but this does not address the problem.
Read more →The big news overnight was the US Treasury Department intervening in the bond markets. Bond Yields have been reaching record highs globally, so the Treasury decided it was time to intervene, announcing a plan to more than double its ‘buy-back’ of long dated Treasury debt.
Read more →Markets remain under pressure overnight, with bond yields screaming alarm bells, especially in Japan and Europe. Japanese bond yields are trading at levels not seen in thirty years, while European yields are trading around GFC levels.
Read more →The US/Iran ceasefire expired overnight and threats of increased kinetic actions came from both sides. Oil prices spiked to US$85/barrel and markets were consumed by fears of an increasing energy crisis.
Read more →Markets closed the week on a softer note, with no resolution coming in the Middle East and energy prices remaining elevated. The lack of a solution to the Middle East crisis will add inflationary pressures to economies and strain budgets.
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