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Daily Reports

Next 24 hours: Central Bank Risk Out of the Way, US Jobs Report Ahead

Special report: BOE Decision - Thoughts and Insights

Today’s report: Fed Communication Disappoints Investors

The Dollar was mostly sold across the board on the week heading into the Fed decision, though the Buck is back to making another run in the aftermath of the event risk. There were no material changes to the Fed outlook, with the central bank leaving rates on hold as widely expected. Bank of England decision ahead.   read report

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Wake-up call

US Stocks Extend Record Run

Special report: Fed Decision - Thoughts and Insights

Today’s report: US Stocks Extend Record Run

Most of Asia and Europe are out for holidays and we’re looking at thinner conditions out there, with no major activity expected until the late day event risk in the form of the Fed decision. US equity futures have extended their record run, helped along by an Apple earnings beat, with the S&P 500 approaching a massive psychological barrier at 3000.   read report

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Wake-up call

Soft China PMIs Weigh on Sentiment

Next 24 hours: Major currencies pushing up against the Buck

Today’s report: Soft China PMIs Weigh on Sentiment

Softer PMI data out of China has soured investor sentiment early Tuesday, with the fallout weighing on risk correlated FX. Volumes have been thinner this week on account of the extended Japanese golden week, and tomorrow, Europe will be heading out for holiday as well. Plenty of data due today in Europe and North America.   read report

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Wake-up call

Next 24 hours: Steady Monday Ahead of Active Tuesday Calendar

Today’s report: US Dollar Selling Off after Impressive Rally

Trading conditions are thinner than normal as the week kicks off, with Japan closed for extended Golden Week holidays. The US Dollar has come back under some pressure after extending its 2019 against the Euro and Yen in the previous week.   read report

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Wake-up call

Global Macro Reflections

Today’s report: Global Macro Reflections

The inevitability of less accommodative, less friendly central bank and government policy, will be felt more acutely in 2019, resulting in the onset of an overdue period of sustained correction in the global equity market, as investors liquidate long exposure, forced to seek out a healthier, more balanced strategy of portfolio diversification.   read report

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Wake-up call

Today’s report: FX Ranges Intact into Holiday Thin Trade

The US Dollar is trying to reestablish itself into the end of the week, with the Buck getting a nice boost from Thursday’s stronger than expected US retail sales reading. Of course, Thursday’s discouraging European manufacturing prints haven’t hurt the Dollar either. Trading conditions will be thin on Friday due to the holiday weekend.   read report

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Wake-up call

Next 24 hours: Are you buying this latest Dollar rally?

Today’s report: Risk sentiment deteriorates despite upbeat headlines

Risk sentiment has waned a bit into the latter half of the week, as evidenced by the latest minor pullback in US equities. Still, there has been plenty of optimism this week around a solid bout of China data, a report out of the Wall Street Journal that a US-China trade deal might be confirmed in May, and the news of fiscal stimulus out of Berlin.   read report

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Wake-up call

Special report: Why the US Dollar could be in the process of topping out

Today’s report: Calendar Stacked with Trade and Inflation Data

Markets have been calm over the past several days and we are waiting for that next big surge in volatility. Currencies have held up well against the US Dollar despite negative drivers, with medium term players continuing to sell the Buck into rallies. Plenty of data out on Wednesday.   read report

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Wake-up call

Next 24 hours: Markets Desperate for Volatility Spark

Today’s report: Rate Hike Talk Gives US Dollar Mild Boost

The US Dollar has caught a mild bid into Tuesday on the back of hawkish Fed Evans comments. Looking at today’s calendar, key standouts come in the form of UK employment, Eurozone construction output, German and Eurozone ZEW surveys, The New Zealand GDT auction, Canada manufacturing shipments and US industrial production.   read report

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Wake-up call

Next 24 hours: About Average Ranges and Market Direction

Today’s report: Euro Volatility and What It's Telling Us

We come into the new week with some central bank event risk behind us that went off without a hitch, leaving markets in a state of anticipation, for whatever might be the next big catalyst to shake things up. Last week, both the ECB and Fed echoed their respective policy outlooks by way of the ECB decision and Fed Minutes respectively.   read report

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Wake-up call

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