Tag: liquidity

December 27, 2023

The U.S. dollar, as measured by the DXY index, plunged to its weakest point in five months on Wednesday (DXY: -0.55% to 100.98), pressured by a substantial drop in Treasury rates, with the 2-year yield sinking below 4.26%, its lowest […]

December 19, 2023

The Australian Dollar has held onto its gains from the past couple of weeks despite a slight recovery from the US Dollar index at the back end of last week. The Australian Dollar has been on a steady move higher […]

December 15, 2023

The Euro Area economy continues to struggle and is set to enter a technical recession in the coming weeks. According to data provider HCOB, business activity in the Euro Area fell at a steeper rate in December, closing off a […]

December 6, 2023

USD/CAD (U.S. dollar – Canadian dollar) retained a negative bias on Wednesday after the Bank of Canada voted to keep interest rates unchanged at 5.0%. While the decision to maintain the status quo was largely anticipated, the BoC left the […]

November 22, 2023

The events of 2023, both within the banking industry and beyond, are chilling traditional growth opportunities and providing new challenges for banks. We are seeing adverse trends in the areas of asset quality, litigation, liquidity, third-party relationships and compliance that […]

November 14, 2023

Europe has been the center of pessimistic fundamental data in recent months as the global growth slowdown advances. Elevated interest rates are helping to constrain economic activity in order to bring down inflation but it remains a delicate balancing act […]

November 10, 2023

Federal Reserve Chair Jerome Powell sent risk markets spinning lower, and bond yields higher after he said that the US central bank was not confident that the current monetary policy was restrictive enough to bring inflation down to target (2%). […]

October 26, 2023

The ECB left all three of its key interest rates unchanged today and noted that while inflation is expected to ‘stay too high for too long’, inflation dropped markedly in September due to strong base effects. The central bank added […]

October 23, 2023

The British Pound is little changed as traders open their books for the week with little macro news around to start a move. The situation in the Middle East remains unpredictable and very volatile, while the proposed Israel move into […]

September 14, 2023

Gold prices remain under pressure this Thursday after yesterday’s US CPI report showed elevated headline inflation despite a softer core inflation read. This translates through to sustained tight monetary policy by the Federal Reserve. Energy was the primary contributor to […]

September 6, 2023

Gold prices fell almost 0.7 percent on Monday marking the worst 24-hour period in over one month. In response, retail traders decreased their downside exposure. This can be seen by taking a look at IG Client Sentiment (IGCS), which often […]

August 28, 2023

The Euro appears to be eyeing a temporary reprieve and recovery on Monday following a trying time last week. EURUSD put in its 6th consecutive week of losses while EURGBP actually ended the week strong following an early week sell-off […]

August 21, 2023

Gold prices concluded a 4th consecutive week of losses this past Friday. In fact, so far this month, the yellow metal is down about 3.6 percent. That marks the worst performance since February. In response, retail traders have become increasingly […]

July 20, 2023

The euro picked up some support ahead of the European session as German PPI data (see economic calendar) beat estimates that could point to continued inflationary pressures within the German economy. This falls in line with yesterday’s CPI report but […]

July 18, 2023

Gold prices have enjoyed a good bounce following a selloff in yesterday US session pushed the precious metal below the $1950 handle. The move was short lived however, as buying pressure returned and continued through the Asian session with Gold […]

July 10, 2023

The Bank of Canada will announce its July monetary policy decision on Wednesday. Markets expect the central bank to raise borrowing costs by 25 basis points to 5.0%, the highest level since 2001, as part of the ongoing fight against […]

June 26, 2023

PacWest has agreed to sell a $3.54 billion portfolio of lender finance loans to asset manager Ares Management Corp., the bank said Monday in a filing. “This transaction will improve our liquidity and capital as we continue to implement our […]

June 15, 2023

Crude oil remains relatively depressed this Thursday morning after a drop yesterday post-FOMC. The Federal Reserve decided to keep rates on hold; however, central bank guidance was rather hawkish considering the lead up to the announcement was on the bearish […]

May 15, 2023

Gold starts the week on the front foot after testing $2k support in the last couple of sessions. The precious metal continues to respect this level and with little in the way of high-impact economic data on the calendar this […]

April 13, 2023

The UK economy stood still in February as industrial action in various areas of the services sector contributed to UK growth flatlining. The latest Office for National Statistics (ONS) monthly GDP data showed no growth in February with the services […]