• Market looking for another 50 from Fed

  Fed speak continues to lean dovish post last week’s policy decision and rate cut odds for November have ramped up as a consequence. The market is now pricing a 60% chance for a second 50 basis point cut. All of this Fed pricing and repricing has been behind most of what we’ve seen in markets […]

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• Euro stumbles after weak run of data

  With the exception of the Euro, we’re pretty much where we left off as the previous week closed out. The US Dollar remains under clear pressure, US equities are trading at record high levels, and gold has extended its own record run. Wrap-Up Call

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• Plenty of bullish momentum

  The market continues to show its approval of last week’s Fed decision in which the central bank went ahead with the bigger 50-basis point rate cut, while communicating a message that the US economy was fine. This was the perfect combination to send the US Dollar lower and risk assets flying higher. Audio Update Technical […]

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• Reflecting on the week that was

  As we get set to close out the week, there is no disputing the trend in markets. This week’s Fed decision put a stamp on the central bank’s willingness to offer up as much accommodation as possible, while also reflecting its serious commitment to stay ahead of the curve. Audio Update Technical highlights EURUSD Setbacks […]

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• BOE decision preview

  Later today, we get the Bank of England policy decision. This should be an interesting one for two reasons. One, it comes on the heels of a memorable Fed decision in which the central bank opted to go with the bigger 50-basis point rate cut. And two, it also comes a day after UK inflation […]

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• Fed kicks things off with a bang

  Market reaction to Wednesday’s Fed decision shouldn’t come as much of a surprise. The Fed went ahead with the bigger 50-basis point rate cut, while offering up a balanced communication. And so, the US Dollar sold off and US equities pushed to fresh record highs. Audio Update Technical highlights EURUSD Setbacks viewed as corrective GBPUSD […]

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• Fed decision preview

  Today’s Fed decision will be getting that much more attention given the fact that there is so much uncertainty around what the Fed will actually do. Several weeks back, a 25-basis point cut was the clear expectation. But in recent days, things have changed quite a bit. Special Report Call

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• Plenty of room for volatility today

  Interestingly enough, despite Tuesday’s stronger round of US data, the market is still pricing a 65% chance the Fed goes ahead with a 50-basis point rate cut later today. This view is grounded in the fact that the Fed needs to play catchup with an ongoing deterioration in the US economy. Audio Update Technical highlights […]

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• German ZEW comes in soft, US retail sales ahead

  The market has mostly been consolidating thus far on Tuesday, though the clear trend right now is Dollar weakness and equity market strength on the back of an expectation for an accommodative gesture from the Federal Reserve tomorrow. Wrap-Up Call

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• Fed getting green light for larger accommodation

  Expectations for a larger 50 basis point rate cut from the Fed continue to rise, now sitting at about 65%. The big takeaway here is that the market has been anything but worried about this prospect. As this expectation has increased, so too has investor risk appetite. Audio Update Technical highlights EURUSD Setbacks viewed as […]

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