In focus today In Sweden, flash CPI figures are set for release, with a decline expected due to the VAT reduction on food from 12% to 6%. CPIF excluding energy is forecast to fall to 0.3% y/y, down from 1.1% in March, reflecting the tax impact. CPI and CPIF are affected in the same way, […]
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Bitcoin’s move above $80,000 may be the moment this rally changes character. What started as another rebound alongside surging tech stocks is now beginning to look more like a genuine momentum breakout—one that could pull Read more…
Key takeaways Intervention-driven downside resumes: USD/JPY plunged 2.4% to a two-month low after Japan’s ~$34.5B intervention on Thursday, 30 April, with a sharp intraday drop on today, 6 May, hinting at a possible second round Read more…
Markets A violent sell-off hit UK Gilts as local markets reopened following Monday’s Spring Bank Holiday. In a catch-up move to weakness in core bonds on Monday, UK yields jumped 9 to 10 bps across Read more…