Current Market Analysis

Macroeconomic/ geopolitical developments ● US equities continued their rally last week, with the S&P 500 rising 1.8%, the Nasdaq gaining 2.6% and the Dow Jones Industrial Average adding 1.5%, as lower bond yields, easing oil prices and ongoing AI optimism helped drive major indices to fresh record highs. Technology stocks led the advance, while hopes … Continued

Macroeconomic/ geopolitical developments Global financial market developments Key this week Central Bank Watch: Central banks will be in focus this week, with the release of the Minutes from the latest Federal Open Market Committee Meeting on Wednesday likely to attract the most attention. Investors will also monitor the Reserve Bank of Australia Meeting Minutes Tuesday … Continued

Macroeconomic/ geopolitical developments Global financial market developments Key this week Central Bank Watch: The main central bank activity this week is the Reserve Bank of Australia Monetary Policy Statement, Interest Rate Decision and Press Conference on Tuesday and Bank of Japan Monetary Policy Meetings Minutes on Thursday. Macro Data Watch: The main macro data release … Continued

Macroeconomic/ geopolitical developments Global financial market developments Key this week Central Bank Watch: It is a busy week for central banks, with the main focus on Wednesday’s Federal Reserve Policy Statement, Interest Rate Decision and Press Conference. Elsewhere, the Bank of Japan announces its policy decision on Tuesday, while the Bank of Canada also reports … Continued

Macroeconomic/ geopolitical developments Global financial market developments Key this week Central Bank Watch: Central bank activity is expected to be relatively quiet this week, with market attention instead turning to a series of speeches from Federal Reserve officials for further policy signals. Macro Data Watch: The key macro data focus this week will be on … Continued

Macroeconomic/ geopolitical developments Global financial market developments Key this week Central Bank Watch: It is a relatively quiet week for central bank activity, with attention centered on the Bank of Japan’s Monetary Policy Meeting Minutes on Wednesday, alongside a series of speeches from ECB and Federal Reserve members throughout the week. Macro Data Watch: Macro … Continued

Macroeconomic/ geopolitical developments Global financial market developments Key this week Central Bank Watch: It is a packed week for central bank activity, headlined by the Federal Reserve’s Monetary Policy Statement, Interest Rate Decision, and Press Conference on Wednesday. Other key events include the Reserve Bank of Australia’s policy update on Tuesday, the Bank of Canada’s … Continued

Macroeconomic/ geopolitical developments Global financial market developments Key this week What’s Ahead Central Bank Watch: Central bank activity is light this week, with the spotlight on scheduled remarks from officials at the European Central Bank, Federal Reserve and Bank of Japan throughout the week. Macro Data Watch: The focus this week will be on Global … Continued

Macroeconomic/ geopolitical developments Global financial market developments Key this week Central Bank Watch: It is a relatively light week on the monetary policy front, with the main highlight being the People’s Bank of China Interest Rate Decision on Tuesday, alongside a series of scheduled speeches from officials at the Federal Reserve, European Central Bank and … Continued

Macroeconomic/ geopolitical developments Global financial market developments Key this week Central Bank Watch: This week’s key central bank activity includes the Reserve Bank of Australia’s Meeting Minutes on Tuesday, the Federal Open Market Committee Minutes on Wednesday, and the People’s Bank of China’s Interest Rate Decision on Friday. Macro Data Watch: Investor focus this week … Continued

Macroeconomic/ geopolitical developments Global financial market developments Key this week Central Bank Watch: It is a relatively light week for policy action, with attention instead turning to a series of speeches from Bank of England, European Central Bank and Federal Reserve officials. Macro Data Watch: Attention this week will centre on the delayed US Employment … Continued

Macroeconomic/ geopolitical developments Global financial market developments Key this week Central Bank Watch: It’s a busy week for central bank action, highlighted by the Federal Reserve’s Monetary Policy Statement, Interest Rate Decision, and Press Conference on Wednesday, where rates are widely expected to remain unchanged. The Bank of Canada will also announce its Policy Statement, … Continued

Macroeconomic/ geopolitical developments Global financial market developments Key this week Central Bank Watch: Central bank attention this week centres on the People’s Bank of China’s Interest Rate Decision on Tuesday, followed by the Bank of Japan’s Rate Decision, Monetary Policy Statement and Press Conference on Friday. Macro Data Watch: Key macroeconomic releases this week include … Continued

Macroeconomic/ geopolitical developments Global financial market developments Key this week Central Bank Watch: It is a relatively quiet week for central bank activity, attention will be focused on speeches from Fed, BoE and ECB members throughout the week. Macro Data Watch: This week’s macro focus is on the US CPI report on Tuesday, with additional … Continued

Macroeconomic/ geopolitical developments Global financial market developments Key this week Central Bank Watch: It is a packed week for central bank events, with key highlights including the Bank of England’s Monetary Policy Statement, Interest Rate Decision, and Minutes, and the European Central Bank’s Policy Statement, Rate Decision, and Press Conference, all on Thursday, followed by … Continued

Macroeconomic/ geopolitical developments Global financial market developments Key this week Central Bank Watch: Central bank activity heats up this week, with the Federal Reserve set to release its Monetary Policy Statement, announce its Interest Rate Decision, and hold a Press Conference on Wednesday. Other key events include the Reserve Bank of Australia’s Policy Statement and … Continued

Macroeconomic/ geopolitical developments Global financial market developments Key this week Central Bank Watch: Central bank activity remains light this week, but markets will monitor comments from Fed and ECB officials, with particular attention on Fed Chair Powell’s speech on Monday. Macro Data Watch: Key macro releases this week include Global PMI on Monday and Wednesday … Continued

Macroeconomic/ geopolitical developments Global financial market developments Key this week Central Bank Watch: Central bank activity is quiet this week, though markets will watch Fed speakers in their last week before the blackout period. Macro Data Watch: With the US government shutdown now lifted key US data includes September PPI, Retail Sales and Consumer Confidence … Continued

Macroeconomic/ geopolitical developments Global financial market developments Key this week Central Bank Watch: This week’s central bank focus centres on the Reserve Bank of Australia’s Meeting Minutes on Tuesday, followed by the Federal Open Market Committee Minutes on Wednesday, and the People’s Bank of China’s Interest Rate Decision on Thursday. Macro Data Watch: With the … Continued

Macroeconomic/ geopolitical developments Global financial market developments Key this week Central Bank Watch: It is a relatively quiet week for central banks, but markets will be watching speeches from Fed, ECB and BoE officials throughout the week for policy signals. Macro Data Watch: With the US government shutdown now the longest on record, US economic … Continued

Macroeconomic/ geopolitical developments Global financial market developments Key this week Central Bank Watch: It’s another packed week for central banks, with the Reserve Bank of Australia’s Rate Decision, Monetary Policy Statement and Press Conference on Tuesday, Bank of Japan Meeting Minutes on Wednesday and the Bank of England’s Rate Decision, Policy Report, and Minutes on … Continued

Macroeconomic/ geopolitical developments Global financial market developments Key this week Central Bank Watch: Central bank activity takes center stage this week, led by the Federal Reserve’s Interest Rate Decision, Monetary Policy Statement, and Press Conference on Wednesday. Other key events include the Bank of Canada’s Policy update on Wednesday, followed by the Bank of Japan … Continued

Macroeconomic/ geopolitical developments Global financial market developments Key this week Central Bank Watch: It’s a quiet week on the central bank front, with the key event being the People’s Bank of China’s interest rate decision scheduled for Monday. Macro Data Watch: With the US government shutdown extending into another week, US data releases remain sparse … Continued

Macroeconomic/ geopolitical developments Global financial market developments Key this week Central Bank Watch: It’s a relatively quiet week on the central bank front, with key highlights including the Reserve Bank of Australia’s Meeting Minutes on Tuesday. Investors will also be watching a series of speeches from officials at the Fed, Bank of England, and European … Continued

Macroeconomic/ geopolitical developments Global financial market developments Key this week Central Bank Watch: Central bank activity is relatively quiet this week, with the key event being the Reserve Bank of Australia’s Interest Rate Decision, Press Conference, and Monetary Policy Statement on Tuesday. Additionally, markets will monitor speeches from Fed, ECB, and BoE officials throughout the … Continued

Macroeconomic/ geopolitical developments Global financial market developments Key this week Central Bank Watch: The main central bank events this week are the People’s Bank of China’s Interest Rate decision on Monday and the release of the Bank of Japan’s Monetary Policy Meeting Minutes on Wednesday. Macro Data Watch: The key focus this week will be … Continued

Macroeconomic/ geopolitical developments Global financial market developments Key this week Central Bank Watch: It will be an eventful week on the central bank front, headlined by the Federal Reserve’s Policy Decision, Economic Projections, and Press Conference on Wednesday. The Bank of Canada will also announce its Rate Decision the same day, followed by the Bank … Continued

Macroeconomic/ geopolitical developments Global financial market developments Key this week Central Bank Watch: The spotlight this week falls on the European Central Bank, which will announce its Interest Rate Decision and hold a Press Conference on Thursday. Macro Data Watch: Markets will be focused on the US CPI due Thursday, but attention will also turn … Continued

Macroeconomic/ geopolitical developments Global financial market developments Key this week Central Bank Watch: It’s a quiet week for central banks, with the sole focus on the Reserve Bank of Australia’s Meeting Minutes due Tuesday. Macro Data Watch: This week’s key US data include GDP on Thursday and the PCE inflation report on Friday. Also on … Continued

Macroeconomic/ geopolitical developments Global financial market developments Key this week Central Bank Watch: This week’s key central bank events include the People’s Bank of China’s Interest Rate Decision and the release of the Federal Open Market Committee Minutes, both scheduled for Wednesday. Macro Data Watch: It’s a relatively light week for macro data, with highlights … Continued

Macroeconomic/ geopolitical developments Global financial market developments Key this week Geopolitics Watch: President Donald Trump is set to meet Russian President Vladimir Putin in Alaska on Friday. Central Bank Watch: Central bank activity is limited this week, with the key event being the Reserve Bank of Australia’s Monetary Policy Statement and Interest Rate Decision on … Continued

Macroeconomic/ geopolitical developments Global financial market developments Key this week Central Bank Watch: The main central bank activities this week are the Bank of Japan Monetary Policy Meeting Minutes on Tuesday and the Bank of England Minutes, Interest Rate Decision and Monetary Policy Report on Thursday. Macro Data Watch: Macro data is light this week, … Continued

Macroeconomic/ geopolitical developments Global financial market developments Key this week Central Bank Watch: A busy week lies ahead for central bank developments. Key events include the People’s Bank of China’s Interest Rate Decision on Monday, the Reserve Bank of Australia’s Meeting Minutes on Tuesday, and the European Central Bank Meeting, Interest Rate Decision and Monetary … Continued

Macroeconomic/ geopolitical developments Global financial market developments Key this week Central Bank Watch: Central bank activity is light this week, the main focus will be the speeches from ECB and Fed members. Macro Data Watch: The main macro data release this week is the US CPI on Tuesday. Some other releases of note are the … Continued

Macroeconomic/ geopolitical developments Global financial market developments Key this week Holiday Watch: It is the US Independence Day holiday on Friday July 4, US stock markets (cash and futures) are closed. Central Bank Watch: It is a light week for central bank activity, however, throughout the week there are numerous speeches from Fed, ECB and … Continued

Macroeconomic/ geopolitical developments Global financial market developments Key this week Central Bank Watch: Central Bank activity is light this week, the main focus will be on Fed Chair Powell’s testimony on Tuesday and Wednesday. Macro Data Watch: It is a busy week for macro data, the main releases will be the Global Flash PMI on … Continued

Macroeconomic/ geopolitical developments Global financial market developments Key this week Central Bank Watch: It is a busy week for central bank activity, the main release will be the Federal Reserve Interest Rate Decision, Monetary Policy Statement, Press Conference and Economic Projections on Wednesday. Some other releases of note are the Bank of Japan on Tuesday, … Continued

Macroeconomic/ geopolitical developments Global financial market developments Key this week Central Bank Watch: Central bank activity is light this week with Fed officials in their blackout period before the June meeting, with the main focus on speeches from ECB members throughout the week. Macro Data Watch: The main macro data release this week is the … Continued

Macroeconomic/ geopolitical developments Global financial market developments Key this week Central Bank Watch: The main central bank activities this week are the Bank of Canada Interest Rate Decision and Monetary Policy Statement on Wednesday and the same from the European Central Bank (ECB) on Thursday. Macro Data Watch: The main macro data release this week … Continued

Macroeconomic/ geopolitical developments Global financial market developments Key this week Central Bank Watch: The main central bank activity this week is the Federal Open Market Committee Minutes on Wednesday. Macro Data Watch: The main macro data releases this week are the US GDP on Thursday and US PCE on Friday. Earnings Watch: US Q2 earnings … Continued

Macroeconomic/ geopolitical developments Global financial market developments Key this week Central Bank Watch: The main central bank activities this week are the People’s Bank of China Interest Rate Decision and Monetary Policy Statement on Tuesday and the Reserve Bank of Australia Rate Statement and Monetary Policy Statement also on Tuesday. Macro Data Watch: The main … Continued

Macroeconomic/ geopolitical developments Global financial market developments Key this week Central Bank Watch: Central Bank activity is quiet this week, the main focus will be on speeches from various Fed and ECB speakers throughout the week with particular focus on  Fed’s Chair Powell Speech on Thursday. Macro Data Watch: The main macro data releases this … Continued

Macroeconomic/ geopolitical developments Global financial market developments Key this week Central Bank Watch: The main central bank activities this week are the Federal Reserve Interest Rate Decision and Monetary Policy Statement on Wednesday and the Bank of England Interest Rate Decision, Minutes and Monetary Policy Statement on Thursday. Macro Data Watch: The main macro data … Continued

Macroeconomic/ geopolitical developments Global financial market developments Key this week Central Bank Watch: The main central bank activity this week is the Bank of Japan Interest Rate Decision and Monetary Policy Statement on Thursday. Macro Data Watch: The main macro data releases this week are the Global Manufacturing PMI data and the US Employment report … Continued

Macroeconomic/ geopolitical developments Global financial market developments Key this week Central Bank Watch: The main central bank activities this week are the Bank of Canada Interest Rate Decision and Monetary Policy Statement on Wednesday and the same from the European Central Bank on Thursday. Macro Data Watch: The main macro data releases this week are … Continued

Macroeconomic/ geopolitical developments Global financial market developments Key this week Central Bank Watch: The main central bank activity this week is the Federal Open Market Committee Minutes on Wednesday. Macro Data Watch: The main macro data release this week is the US CPI data on Thursday. Some other releases of note are the Chinese CPI … Continued

Macroeconomic/ geopolitical developments Global financial market developments Key this week Central Bank Watch: There are no significant central bank events this week, only the Bank of Japan Monetary Policy Meeting Minutes on Tuesday. But Fed speakers will need to be monitored as ever. Macro Data Watch: The main macro data release to monitor this week … Continued

Macroeconomic/ geopolitical developments Global financial market developments Key this week Central Bank Watch: The main central bank events this week are the Federal Reserve Interest Rate Decision and Monetary Policy Statement on Wednesday, plus from the Bank of Japan on Wednesday, from the People’s Bank of China and from the Bank of England on Thursday. … Continued

Macroeconomic/ geopolitical developments Global financial market developments Key this week Central Bank Watch: The main central bank activity this week is the Bank of Canada Interest Rate Decision and Monetary Policy Statement on Wednesday. Macro Data Watch: The main macro data release this week is the US CPI data on Wednesday. Some other releases of … Continued

Macroeconomic/ geopolitical developments Global financial market developments Key this week Central Bank Watch: The main central bank activities this week are the Reverse Bank of Australia Meeting Minutes on Tuesday and the European Central Bank Interest Rate Decision and Monetary Policy Statement on Thursday. Macro Data Watch: The main macro data releases this week are … Continued

Macroeconomic/ geopolitical developments Global financial market developments Key this week Central Bank Watch: There is little central bank activity of note, but as ever watching Fed speakers through the week. Macro Data Watch: The main macro data release this week is the US PCE date on Thursday and Friday (notably MoM and YoY on Friday). … Continued

Macroeconomic/ geopolitical developments Global financial market developments Key this week Central Bank Watch: The main central bank activity this week is the Federal Open Market Committee Minutes on Wednesday. Some other activities of note are the Reserve Bank of Australia Interest Rate Decision and Monetary Policy Statement on Tuesday and the People’s Bank of China … Continued

Macroeconomic/ geopolitical developments Global financial market developments Key this week Central Bank Watch: Central bank activity is modest this week, with the key focus on Fed Chair Jerome Powell’s testimony before Congress on Tuesday and Wednesday. Macro Data Watch: The main macro data release this week is the US CPI on Wednesday and US PPI … Continued

Macroeconomic/ geopolitical developments Global financial market developments Key this week Central Bank Watch: The main central bank activity this week is the Bank of England Interest Rate Decision, Monetary Policy Report and Minutes on Thursday. Macro Data Watch: The main macro data releases this week are the Global PMI on Monday and Wednesday and the … Continued

Macroeconomic/ geopolitical developments Global financial market developments Key this week Central Bank Watch: The main central bank activity this week is the Federal Reserve Interest Rate Decision, Monetary Policy Statement and Press Conference on Wednesday. Other releases of note are Bank of Japan Monetary Policy Meeting Minutes on Wednesday, the Bank of Canada Interest Rate … Continued

Macroeconomic/ geopolitical developments Global financial market developments Key this week Geopolitical Watch: Monday, January 20, marks the federal holiday honoring Rev. Martin Luther King Jr., with US equity, bond and futures markets closed or having altered hours. Monday also sees the inauguration of President-elect Donald Trump. Central Bank Watch: The main central bank activities this … Continued

Macroeconomic/ geopolitical developments Global financial market developments Key this week Central Bank Watch: Central Bank activities this week are modest, with key focus on speeches from Fed officials. Macro Data Watch: The main macro data release this week is the US Inflation data on Tuesday (PPI) and Wednesday (CPI) . Some other releases of note … Continued

Macroeconomic/ geopolitical developments Global financial market developments Key this week Central Bank Watch: The main central bank activity this week is the US Federal Open Market Committee Minutes on Wednesday. Geopolitical Watch: US markets will be closed on Thursday in honor of former U.S. President Jimmy Carter. Macro Data Watch: The main macro data release … Continued

Macroeconomic/ geopolitical developments Global financial market developments Key this week Central Bank Watch: The main central bank activities this week are the Bank of Japan and Reverse Bank of Australia Monetary Policy Meeting Minutes on Tuesday. Macro Data Watch: The main macro data releases this week are the US US Consumer Confidence, plus the UK … Continued

Macroeconomic/ geopolitical developments Global financial market developments Key this week Central Bank Watch: The main central bank activity this week is the Federal Reserve Interest Rate Decision, Monetary Policy Statement; Economic Projection, Press Conference and Interest Rate Projections all on Wednesday. Some other activities of note are the Bank of Japan Interest Rate Decision and … Continued

Macroeconomic/ geopolitical developments Global financial market developments Key this week Central Bank Watch: A busy week for central banks, with the Reverse Bank of Australia Interest Rate Decision and Rate Statement on Tuesday, then the equivalent from the Bank of Canada on Wednesday and from the European Central Bank (ECB) on Thursday. Macro Data Watch: … Continued

Macroeconomic/ geopolitical developments Global financial market developments Key this week Central Bank Watch: Central bank activity is very modest this week. Key focus will be on the speeches from the Fed members. Macro Data Watch: The main macro data releases this week are the Global PMI on Monday and Wednesday and the US Employment Data … Continued

Macroeconomic/ geopolitical developments Global financial market developments Key this week Central Bank Watch: The main central bank activity this week is the US FOMC Minutes on Tuesday. Macro Data Watch: The main macro data release this week is the US PCE on Wednesday. Other releases of note are the US Consumer Confidence on Tuesday, US … Continued

The Federal Reserve believes inflation is no longer a concern for consumers and the time has come to ensure the rate of change of prices does not decline any further. To this point, Susan Collins, the Boston Federal Reserve President, said recently that if you take out food, energy, and shelter, inflation is pretty much … Continued

Macroeconomic/ geopolitical developments Global financial market developments Key this week Central Bank Watch: The main central bank activities this week are Reverse Bank of Australia Meeting Minutes on Tuesday and People’s Bank of China Interest Rate Decision on Wednesday. Macro Data Watch: The main macro data released this week are the global Flash PMI on … Continued