Markets UK Gilts outperform German Bunds and US Treasuries today in the wake of an incomplete labour market update. Today’s willingness to react says more about UK/BoE sentiment rather than about the actual data. Wages (ex-bonus) grew bang in line with expectations (7.8% y/y in the three months through August) while early September employment growth […]
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Key insights from the week that was. Among the plethora of major central bank decisions this week, the RBA stood out from the pack, delivering a 25bp rate hike which took the cash rate to Read more…
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The US Dollar rallied consequently since the beginning of the US-Iran conflict, supported by the rise in Oil prices Now reaching the top of its long-term range, a major reversal could be coming Post-FOMC Dollar Read more…