Fundamental Analysis Category

RBNZ Monetary Policy Statement May 2023 The RBNZ tightened by 25 points to 5.5 percent and expressed confidence that this will be sufficient to bring inflation back to target. We continue to see risks that the large migration surge will ultimately require more action after July. RBNZ Monetary Policy Statement, May 2023 The RBNZ increased

Fed’s 2 Biggest Hawks Yesterday Coloured Trading The Fed’s two biggest hawks yesterday coloured trading which until then turned out to be non-directional. Kashkari from the Minneapolis Fed said it’s a close call between a pause and a hike in June, adding that the former wouldn’t mean tightening is over per se. St. Louis Fed

EUR/USD Trying to Extend Bottoming Out U.S. Treasuries and German bunds parted ways Friday after a combined 10 basis point rise the day before. U.S. yields still rose between 1.3and 4.8 basis points, with the belly underperforming. They easily overcame a setback in the early hours of U.S. trading when Fed Chairman Powell said credit

US Debt Theater: Final Act? Risk sentiment remains poor as the US couldn’t reached an agreement on its debt ceiling. But House Speaker McCarthy hinted that an agreement is possible within days. Despite both sides being far apart, everyone knows the catastrophic consequences of an eventual US default, and no one is ready to push

Agreement On U.S Debt Ceiling Unlikely Before Last Minute U.S. stocks started the week on a slightly positive note after weak economic data fueled expectations of a pause by the Federal Reserve (Fed), hopes of a resolution in the debt ceiling talks between Joe Biden and Kevin McCarthy, and Microsoft received EU approval to buy