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Sentiment remains sour due to intensifying tariff talk. The carmakers around the world got hammered this week as the ones that produce their cars outside the US will cost 25% more if the levies go live – and nearly half of vehicles sold in the US are reportedly assembled elsewhere – and, the ones that […]

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Inflation Releases Conclude the Week

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23/01/2024

ECB Meeting: Summer Rate Cut in Focus Amid Pushback by the Hawks

ECB faces a communication challenge in first meeting of the year Timing of rate cut likely to dominate discussion, but hawks to resist Mixed messages unhelpful to euro ahead of the decision on Thursday (13:15 GMT) Flash PMIs on Wednesday (11:00 GMT) on the agenda too Progress on inflation may be slowing  After inflation shot […]
14/01/2025

Brent Crude – Oil Advances on Russian Sanctions. Will 100-day MA Cap Gains?

Oil prices rose due to new US sanctions on Russian oil and tankers. The Kremlin warned these sanctions could destabilize global energy markets. Indian ‘sources’ stated it would avoid purchasing Russian oil from sanctioned entities and vessels. Markets are assessing the potential for a supply shock and whether OPEC+ will increase output. Oil prices continued […]
16/10/2024

Sunset Market Commentary

Markets EUR/GBP spiked from 0.8325 to 0.8375 following September UK inflation numbers, but the euro isn’t strong enough these days to profit from GBP-weakness. Even as UK yields drop 8 bps (30-yr) to 11 bps (2-yr) across the curve. Headline inflation was flat in M/M-terms, resulting in the first sub-2% inflation print since April 2021. […]