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Stuart Ritson
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Soft US CPI data contributed to a solid rally for equity markets and lower treasury yields. ECB held rates steady and upgraded growth and inflation forecasts. BofE made a cautious cut
Soft US CPI data contributed to a solid rally for equity markets and lower treasury yields. ECB held rates steady and upgraded growth and inflation forecasts. BofE made a cautious cut
Concerns about high valuations for companies linked to AI weigh on US equities. FOMC dissenters outline rationale for leaving rates unchanged last week. US treasury curve steeper. Currency markets subdued
Concerns about high valuations for companies linked to AI weigh on US equities. FOMC dissenters outline rationale for leaving rates unchanged last week. US treasury curve steeper. Currency markets subdued
Post-FOMC rally in US equities fades. Treasuries modestly lower in yield. US dollar extends recent decline. Monthly job growth in Australia weaker than expected
Post-FOMC rally in US equities fades. Treasuries modestly lower in yield. US dollar extends recent decline. Monthly job growth in Australia weaker than expected
US consumer confidence improves for the first time in five months. But limited moves across risk sensitive assets. Large moves in the Canadian dollar and rates after labour market stronger than expected
US consumer confidence improves for the first time in five months. But limited moves across risk sensitive assets. Large moves in the Canadian dollar and rates after labour market stronger than expected
US manufacturing ISM slipped to the lowest level since July. US treasury yields higher despite weak ISM. Small moves for G10 currencies
US manufacturing ISM slipped to the lowest level since July. US treasury yields higher despite weak ISM. Small moves for G10 currencies
US equities end the month on a positive note. Key futures markets were impacted by a technical outage. Silver prices surge 6% to a record high. Limited movement across global FX and rates markets
US equities end the month on a positive note. Key futures markets were impacted by a technical outage. Silver prices surge 6% to a record high. Limited movement across global FX and rates markets
Upbeat investor risk sentiment brings solid gains for global equity markets. UK widely anticipated Autumn Budget released. A marginally hawkish tone from the RBNZ pushed NZ rates and the NZ dollar sharply higher
Upbeat investor risk sentiment brings solid gains for global equity markets. UK widely anticipated Autumn Budget released. A marginally hawkish tone from the RBNZ pushed NZ rates and the NZ dollar sharply higher
US equities rebound after a week of erratic trading. Influential New York Fed President Williams said he sees room for a near-term rate cut, and market pricing for that follows
US equities rebound after a week of erratic trading. Influential New York Fed President Williams said he sees room for a near-term rate cut, and market pricing for that follows
Risk sensitive assets remained under pressure with large declines across global equity indices. There is growing caution from investors about elevated valuations in the AI sector
Risk sensitive assets remained under pressure with large declines across global equity indices. There is growing caution from investors about elevated valuations in the AI sector
US equities rebound from initial sharp losses. Oil prices underpinned on rising geopolitical risks and tightening US sanctions on Russia. FX markets stable
US equities rebound from initial sharp losses. Oil prices underpinned on rising geopolitical risks and tightening US sanctions on Russia. FX markets stable
US equity rebound takes a breather while European indices extend gains. US Treasury futures rally and the US dollar declines after ADP data suggests the US labour market has slowed
US equity rebound takes a breather while European indices extend gains. US Treasury futures rally and the US dollar declines after ADP data suggests the US labour market has slowed
Buoyant risk sentiment amid expectations for a deal that would end US government shutdown. Global equities make solid gains while an initial selloff for US treasuries fades
Buoyant risk sentiment amid expectations for a deal that would end US government shutdown. Global equities make solid gains while an initial selloff for US treasuries fades
Soft tone continues for risk sensitive assets. US consumer sentiment downbeat and is tracking towards multi-year lows. Canadian labour market surprises positively
Soft tone continues for risk sensitive assets. US consumer sentiment downbeat and is tracking towards multi-year lows. Canadian labour market surprises positively
US manufacturing ISM soft with many industries citing tariffs as an impediment to activity. Global sovereign bond markets higher in yield to start the week
US manufacturing ISM soft with many industries citing tariffs as an impediment to activity. Global sovereign bond markets higher in yield to start the week
US equities end October positively on robust corporate earnings. One Fed governor said he voted against cutting rates on inflation concerns. US dollar at fresh three month highs
US equities end October positively on robust corporate earnings. One Fed governor said he voted against cutting rates on inflation concerns. US dollar at fresh three month highs
US dollar extends post-FOMC gains and reached the highest level since August. Yen weak after Bank of Japan leaves rates on hold and doesn't build the case for a December hike. ECB steady
US dollar extends post-FOMC gains and reached the highest level since August. Yen weak after Bank of Japan leaves rates on hold and doesn't build the case for a December hike. ECB steady
The US Fed reduced rates by 25 bps for second consecutive meeting in split decision, say balance sheet runoff will end. Bank of Canada cut but pushed back against further easing. Australian Q3 CPI was well above expectations
The US Fed reduced rates by 25 bps for second consecutive meeting in split decision, say balance sheet runoff will end. Bank of Canada cut but pushed back against further easing. Australian Q3 CPI was well above expectations
The S&P500 reached a fresh record intra-day high. US consumer confidence remains subdued amid concern about jobs and the cost of living. Gold prices remain soft amid large outflows from exchange traded funds
The S&P500 reached a fresh record intra-day high. US consumer confidence remains subdued amid concern about jobs and the cost of living. Gold prices remain soft amid large outflows from exchange traded funds
Buoyant risk sentiment pushed US and Asia equity indices to record highs. Markets supported by encouraging signs from negotiations between the US and China. Gold prices slip below US$4,000/oz
Buoyant risk sentiment pushed US and Asia equity indices to record highs. Markets supported by encouraging signs from negotiations between the US and China. Gold prices slip below US$4,000/oz
Oil prices surge as US sanctions Russia’s largest oil producers. US Treasury yields higher as the market looks ahead to the release of delayed US CPI data. Precious metal prices have stabilised after sharp declines earlier in the week
Oil prices surge as US sanctions Russia’s largest oil producers. US Treasury yields higher as the market looks ahead to the release of delayed US CPI data. Precious metal prices have stabilised after sharp declines earlier in the week
Soft tone across global equity markets. Gold prices extend recent declines having fallen more than 8%. Bank of England expected to ease further
Soft tone across global equity markets. Gold prices extend recent declines having fallen more than 8%. Bank of England expected to ease further
US government shutdown takes effect. Risk sentiment resilient. US equities recover from an initial dip and solid gains for European indices. ADP payrolls weaker than expected contributing to a rally for US treasuries
US government shutdown takes effect. Risk sentiment resilient. US equities recover from an initial dip and solid gains for European indices. ADP payrolls weaker than expected contributing to a rally for US treasuries
US equities little changed as hopes for a last-minute deal to avoid a government shutdown fade. Oil extends recent decline. Limited movement across bond and currency markets. RBA leaves rates on hold and adopts more hawkish tone
US equities little changed as hopes for a last-minute deal to avoid a government shutdown fade. Oil extends recent decline. Limited movement across bond and currency markets. RBA leaves rates on hold and adopts more hawkish tone
Prediction markets put the risk of US shutdown at 70% which could delay key economic reports. The uncertainty supports US treasuries and gold reached a fresh record high. Oil falls on OPEC+ plans to increase supply
Prediction markets put the risk of US shutdown at 70% which could delay key economic reports. The uncertainty supports US treasuries and gold reached a fresh record high. Oil falls on OPEC+ plans to increase supply
S&P500 closes higher breaking a three day losing streak. US real spending beats expectations continuing the run of firm data. Core PCE deflator in line with consensus estimate
S&P500 closes higher breaking a three day losing streak. US real spending beats expectations continuing the run of firm data. Core PCE deflator in line with consensus estimate