Markets Yesterday, trading basically followed the pattern from earlier this week. Bonds rallied, with Europe outperforming as investors took further comfort from below consensus (headline) inflation data in most EMU member states. France joined this trend with CPI printing lower than expected at -0.1% M/M and 6.7% Y/Y (from 7.1%). US data brought a more […]
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Key insights from the week that was. The Westpac-MI Consumer Sentiment Index lifted modestly in March, up 1.2% to 91.6, still an outright pessimistic reading. The latest survey was in the field over the week Read more…
AUD/USD fell over 1% from a multi-year peak as the US Dollar strengthened amid intensifying safe-haven demand. The hawkish Reserve Bank of Australia (RBA) may limit the downside, driven by escalating inflation pressures. The pair Read more…
Despite yesterday’s more optimistic US CPI report, Markets are now focusing on a bleaker inflationary picture ahead. A major theme in Markets is the progressive repricing for a more persistent and damaging US-Iran-Israel war, which Read more…