Post date: 21/02/2022 12:10 Inflation and central banks have taken a backseat to geopolitics in financial markets, and currency markets are no exception. Among the G10 currencies, the Japanese yen and the Swiss franc, the transitional safe-havens, rallied against the US dollar. It must be noted that commodity currencies, like the Australia and New Zealand…
Post date: 15/02/2022 07:25 Volatility has made a triumphant return to markets so far in 2022, as macroeconomic and geopolitical shocks continue to buffet markets. The January inflation report in the US delivered yet another jolt to investors, coming in far above estimates at 7.5% on the year. Fixed income markets worldwide sold-off on the…
Post date: 07/02/2022 11:54 We have been warning that the ECB’s plans to wait until 2023 before hiking rates were a pipedream in a world of rising inflationary pressures, and our view was fully vindicated last week. The massive upwards surprise in the Eurozone January inflation set the stage for Lagarde’s hawkish pivot. Understandably, the…
