The Japanese Yen is once again approaching the intervention red line around 160 per dollar, despite growing confidence that the Bank of Japan will raise interest rates later this month. Overnight index swaps are currently pricing around an 80% probability of a June rate hike from 0.75% to 1.00%. Under normal circumstances, the prospect of […]
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When discretionary spending gets tight, lifestyle brands are often among the first companies to feel the pullback. Consumers can’t skip out on essentials like car payments or grocery trips, but can easily do without a Read more…
Market Overview The crypto market capitalisation has been rapidly shrinking since the start of the new week, falling by 5% to $2.38 trillion, its lowest level since early April. It appears that confidence in the Read more…
Markets EMU May flash CPI data were close to/tentatively higher than expected, rubberstamping expectations for the ECB to raise its policy rate next week by 25 bps. Headline inflation increased 0.1% m/m and 3.2% Y/Y, Read more…