Last week, Canada, New Zealand, the UK, the Eurozone and Japan, all released inflation figures. The general trajectory was flat to moving lower (Canadian inflation ticked up to 2.9% Y.o.Y
The week of 15th-19th April 2024- inflation, inflation, everywhere. Well, reports at least!
Last week, New Zealand, Canada and the Eurozone kept interest rates on hold at 5.5%, 5% and 4.5% respectively, US Headline inflation jumped to 3.5% and gold hit record highs
The week of 8th-12th April 2024- US interest rate cuts in jeopardy
Last week, Swiss CPI dropped to an annual rate of 1%. Three US employment figures, ADP employment change for March, the little-known ISM Services employment (index) for March, and Non-Farm
The week of 1st-5th April 2024- US jobs data the pick of the week!
The script hasn’t really changed; the US economy is bobbing along nicely, stock markets are at or close to record highs, certain commodities are also at record highs (gold and
UK charity associated with imprisoned cryptocurrency fraud suspect Sam Bankman-Fried ceases operations.
A charity promoting effective altruism, funded by the incarcerated Sam Bankman-Fried, known for his involvement in cryptocurrency fraud, is set to close in the aftermath of the FTX debacle.
Sam Bankman-Fried has been handed a 25-year sentence for cryptocurrency fraud.
Sam Bankman-Fried has received a 25-year prison sentence, with the judge citing his apparent lack of remorse and tendency to distort the truth.
Japan is gearing up to intervene as the yen drops to its lowest level in 34 years.
Just over a week following the Bank of Japan’s announcement of a much-anticipated interest rate hike, the yen has reached its weakest point in 34 years against the dollar.
The week of 25th-29th March 2024- US PCE-perhaps the pivotal data release of the quarter!
Last week, the Japanese raised interest rates by a well-telegraphed and symbolic 0.1%, thus ending an era of negative interest rates. The market reaction was to sell yen.
The week of 18th-22nd March 2024- The week it is all meant to happen! But will it?
Let’s go back a few months and re-cap on what was being touted. If I remember correctly, I heard that the Fed is going to start an interest rate easing
The week of 11th-15th March 2024- A week to focus on the Japanese Yen
To most market-makers’ delight there was in fact a small amount of volatility last week; US ISM Services PMI (lower than expected), Fed Chair Powell testifying (benign) and Non-Farm Payrolls
The week of 11th-15th December 2023- Follow the Leader
Last week was a fascinating week in the foreign exchange markets, not least for the Australian dollar and the Japanese Yen against the US dollar.
Sam Bankman-Fried faces trial over allegations of multi-billion dollar cryptocurrency misconduct
Sam Bankman-Fried faces trial today regarding claims of misappropriating billions from FTX cryptocurrency exchange users.