Southey
He liked
Stocks plummet, bonds whacked, and geopolitical tensions soar – What's next for investors?
Bam! Stocks breach 5100 and then Boom! Iran/Israel conflict continues to raise concerns – What will Israel do now? Bonds get whacked, Oil holds steady and gold inches up. Contra trades prove the winners in an anxious market. Global stocks all under pressure – US futures conflicted. Try the Linguine
He liked
He liked
He liked
He liked
He liked
India Inflation Eases To 4.85%; Industrial Output Growth Hits 4-Month High
India's consumer price inflation eased more-than-expected in March to the lowest level in nine months, largely due to a slowdown in food costs and cheaper fuel and light costs, data published by the National Statistical Office showed on Friday. Separate official data showed that industrial productio
He liked
He liked
Pound Sterling remains on backfoot as waned Fed rate cut hopes dent market mood
The Pound Sterling struggles to recover against the US Dollar as Fed rate cut prospects for June and July faded. UK monthly GDP data for February will provide cues about the current state of the economy. The BoE is expected to start lowering interest rates earlier than the Fed. The Pound Sterling (G
He liked
He liked
United States: Don’t fight the Fed
The Federal Reserve releases the Summary of Economic Projections (SEP) following the last meeting of the quarter. These forecasts are closely scrutinized as they include the “dot plots”, i.e. the median trajectory of the medium-term policy rate by the members of the Committee. The Q4 2023 projection
He liked
BoJ won't adjust policy for FX fluctuations
Bank of Japan Governor Kazuo Ueda stated on Wednesday that the central bank would not adjust its monetary policy in direct response to fluctuations in the currency market. This dismisses the speculation in the market that the significant depreciation of the yen could compel the bank to raise interes
He liked
He liked
France Current Account Swings To Surplus
France's current account balance posted a surplus in February largely due to the fall in the goods trade deficit amid rising surplus on services trade, the Bank of France reported Tuesday. The current account posted a surplus of EUR 0.9 billion compared to a shortfall of EUR 0.5 billion in January.
Pull-up Update