The ISM services survey is one of the best forward-looking metrics of US economic strength and it was surprisingly strong in September at 56.7 vs 56.0 expected.That news sent the US dollar higher...
S&P 500, Dollar, VIX Index, ISM, Employment and USDJPY Talking Points:The Market Perspective: USDJPY Bearish Below 141.50; Gold Bearish Below 1,680Risk appetite continued its charge to star the new month with an impressive...
1:25 - The RBA raised rates by a lesser expected 25 basis points. That led to "down - up - down" volatility in the AUDUSD currency pair, but it remains above its cycle...
Markets are smelling blood in the water, but do they have enough evidence to price a policy turnaround? Not yet in our view. The BoE’s reluctance to buy gilts is a sign that...