Markets A three-day slide in stock and crypto markets pulled dip-buyers from the sidelines going into the weekend. Equities bounced more than 2% in the US. Bitcoin hit the 60k mark, a 1.5 year low, before recovering to north of 70k again. Precious metals succumbed to overall asset selling on Thursday but staged a comeback […]
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Recession is not our base case, but we believe the risk distribution has shifted decisively to the downside, as oil briefly broke above $110/barrel and remains volatile. The U.S. economy does not enter the current Read more…
RBA Deputy Governor Andrew Hauser signaled that policymakers face a difficult decision at next week’s board meeting, warning that the recent surge in oil prices is adding new uncertainty to the inflation outlook. Speaking in Read more…