Notes/Observations - UK March CPI hotter than expected and registered its 8th month above target and highest annual pace since 1992). - Concerns mounting that economies were now certain to see severe 2nd round effects from the rise in prices. - RBNZ accelerates its tightening with its largest hike i

Asia Market Update: Shanghai continues to record high covid cases, China CPI comes in hotter than expected; EUR initially higher on Macron and Le Pen heading into final French election round. General trend - Equity markets across the region weaker, Shanghai and HK taking the brunt of it with continu

US Growth in Q4 revised lower to 6.9%, slower growth to come Key Highlights The centre's fiscal deficit jumps to 82.7% of the FY22 target in April 2021-February 2022. The British economy expanded 1.3% on quarter in the final quarter of 2021, higher than the 1.0% growth in the previous period. German

The effectiveness of the Federal Reserve's communication seems clear. The market has nearly 90 bp of tightening discounted here in Q2. This means that after a 25 bp hike to initiate the tightening cycle, the labor market's strength will allow the central bank to accelerate the pace. By the end of th

Russia's invasion of Ukraine and the unprecedented sanctions and private sector decoupling are unleashing forces that slow growth and exacerbate price pressures. As a result, the geopolitical crisis has become a key force shaping the economic climate. Commodity prices, energy, metals, and foodstuff

Review and preview Nonfarm payrolls expanded by 431,000 for the month, while the unemployment rate was 3.6%, the Bureau of Labor Statistics reported Friday. Economists had been looking for 490,000 on payrolls and 3.7% for the jobless level. To combat inflation, the Federal Reserve is planning a seri

Asia Market Update: US SPR release speculation weighs on Oil; China Mar PMIs contracted; Equities trade mixed. General trend - Russia/Ukraine talks to continue. - South Korea Leading Index declines for the 8th straight month [Feb data]. - Less exciting session seen for USD/JPY [Japan's fiscal year e