Markets Investor reluctance towards US assets still proves the path of least resistance, as US president Trump warned on higher tariffs for steel (and aluminum) and as US-China trade talks apparently hit a roadblock causing mutual allegations. US equities, bonds and the dollar are all trading in red. Admittedly, losses remain orderly and the move […]
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Key Highlights USD/JPY started a fresh decline below the 144.00 level. A connecting bullish trend line is forming with support at 143.40 on the 4-hour chart. EUR/USD is now gaining pace and might clear the Read more…
Markets are awaiting today’s US non-farm payrolls release, with little doubt that hiring had slowed meaningfully in May amid heightened tariff threats and elevated uncertainty. The key question now is just how sharp the slowdown Read more…
Kansas City Fed President Jeff Schmid acknowledged in a speech overnight that monetary theory may suggest to “looking through a one-time price shock”, he would be “uncomfortable staking the Fed’s reputation and credibility on theory Read more…