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Wednesday: RBA holds hawkishly

Global markets have regained some ground, with the Nikkei up 10.2%, US stocks up 2%. Meanwhile, the RBA held hawkishly through the turmoil, New Zeala…

1 year, 9 months ago

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Tuesday: Global rout widens after Nikkei crash & yen surge

The rout in global markets triggered by US recession fears and the unwinding of the yen carry trade ripped through markets overnight, although there …

1 year, 9 months ago

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Monday: Markets fear US recession

US stocks sold off sharply on Friday night and US bond yields fell to one-year lows after weaker than expected Non Farm Payrolls data. All eyes are o…

1 year, 9 months ago

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Friday: US 10-yr under 4% after weak ISM

US treasury yields drop sharply on more confidence the Fed can cut three times this year. The Bank of England cuts, but only just. China’s factory ou…

1 year, 9 months ago

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Thursday: RBA hike bets gone; BoJ hikes; FOMC holds

The Fed holds and leaves the door wide open to cut in September. The Bank of Japan hikes and says more tightening could be on the way. RBA rate hike …

1 year, 9 months ago

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Wednesday: Big day for interest rates

It’s a big day for global interest rates with the FOMC expected to guide on a September rate cut and speculation the Bank of Japan could hike. Antici…

1 year, 9 months ago

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Tuesday: Weaker US factories support Sept rate cut

US stocks rise and Treasury yields fall as weaker US manufacturing activity adds to signs the Fed can cut in September; the Aussie dollar continues i…

1 year, 9 months ago

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Monday: All eyes on FOMC and BoJ this week

US PCE data was in line with forecasts. The Fed is seen waiting until September before cutting, rather than this week. The Bank of Japan is expected …

1 year, 9 months ago

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Friday: US GDP stronger than expected

US GDP growth beats expectations. Tonight’s US inflation data could take the Fed within touching distance of 2% inflation. The Nikkei falls the most …

1 year, 9 months ago

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Thursday: US stocks slump, but Yen surges

US stocks have fallen sharply on weak earnings from Tesla and tech stocks. The Bank of Canada cuts again. A surging Yen is pushing the US dollar down…

1 year, 9 months ago

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