Equity markets turned south yesterday, as investors became concerned again over surging inflation, with Target Corp announcing a 50% drop in quarterly profits and warning over a bigger margin hit later this year due to rising fuel and freight costs. In the FX world, the British pound was the main…

European and US equities traded well in the green yesterday, perhaps due to speculation that China may soon start removing covid-related restriction, and also due to decent US retail sales data. However, with Fed Chair Jerome Powell saying that they are committed to do what’s necessary to bring inflation down…

The Aussie traded higher against all the other major currencies during the Asian session today, perhaps as the RBA meeting minutes revealed that the Bank considered a 40bps at its latest gathering. …

Aunque no tenemos ninguna decisión importante del banco central en la agenda de esta semana, el calendario parece mucho más lleno que la semana pasada, con varios puntos de datos importantes que tienen el potencial de afectar las expectativas en torno a la política monetaria. Entre ellos hay un montón…

Although we don’t have any major central bank decisions on this week’s agenda, the calendar appears much busier than last week, with several important data points having the potential to well affect expectations around monetary policy. Among them are a bunch of UK data releases, including the CPIs, employment and…

European and US equities slid yesterday, perhaps as investors remained concerned over high inflation and aggressive tightening by major central banks. However, today in Asia, indices gained, perhaps due to short covering on the last day of the week. In the crypto world, the tumble continued as Tether also broke…

The US dollar traded higher against most of the other major currencies yesterday and today in Asia, while Wall Street slid yesterday, with the negative appetite rolling into the Asian session today. …

The US dollar traded higher against all the other major currencies yesterday and today in Asia, but equities generally gained, perhaps due to bargain hunters entering at low levels ahead of the US CPIs for April due out later in the day. The forecasts point to slowdowns, but even if…

The Aussie, the Kiwi, and the Loonie were the main losers among the majors yesterday and today in Asia. This suggests a risk-off trading activity, and indeed almost all indices under our radar finished their sessions well in the red. …