Topic: Daily Market Updates
-
Pause in global risk rally
Jobs data revisions in spotlight. Pound stablising above $1.30. Euro climbs above $1.11.
-
Easing bias supporting risk assets
Fed cuts are coming until proven otherwise. Sterling on track to retest July peak. Euro prints a fresh 2024 high.
-
Powell will have the last word
Betting on lower volatility and rates. Betting on lower volatility and rates. Euro hovers near 2024 high.
-
US retail sales ease recession fears
Yields up, dollar up, on soft landing narrative. Pound holds gains after UK retail data. Euro tumbles as US defies expectations.
-
Dollar under pressure after US inflation
CPI not moving the needle. Sterling softens after UK CPI. Recovered sentiment propels euro above $1.10.
-
Traders add to BoE cut bets on soft UK CPI print
Milder US CPI after PPI miss? Pound drops on soft CPI print. Euro shrugs off ZEW miss.