Developed Markets
US Rates: Under New Rules?
Last week, we discussed the rising importance of the economic growth data in conjunction…
Read MoreInflation AND Growth: Something Else Matters!
Thanksgiving may well therefore be an important period of reflection…
Read MoreAre The Times Changin’ For GBP Too?
The big question for markets is how the inflation path evolves in the near term and how growth and monetary policy responds…
Read MoreInflation: Steeper stairs on the way down?
If there is one thing that we can take from this week above other things, it is likely that the inflation risks for financial markets continue to be dominant…
Read MoreAre The Balance of Risks Starting to Change for Rates, Risk and the USD?
Indeed, a sharp decline in inflation with rates in restrictive territory opens the prospects for a short 3, or in other words rate cuts…
Read MoreIs Tightening Easing Globally?
Rate hikes (and ultimately rates) increasingly appear to be peaking. With that so too should the USD…
Read MoreHas The Fed Mark-to-Market Delivered?
In eventuality, the Fed ‘out hawked the hawks’, or marked the dots to market…
Read MoreEnergy, Inflation and The (Very) Big Short!
We continue to see a soft landing as a likely outcome (although there are clearly risks in both directions – growth and inflation) and recent market reactions as oscillations around its glide path…
Read MoreMonetary Policy Formula for Success
We continue to see a soft landing as a likely outcome (although there are clearly risks in both directions – growth and inflation) and recent market reactions as oscillations around its glide path…
Read MoreJackson Hole: Game Changer or an Oscillation on the Same Glide Path?
Overall, the ECB developments were broadly as expected and, from our perspective, likely enough to stabilise the EUR…
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