USD/JPY Declines Amid Trump’s Visit to Japan

The monthly jobs report has enough potential for the market to set the trend for the coming weeks. However, there is also a risk that the extensive list of indicators, from employment change and unemployment rate to the pace of wage growth, will feed both the dove and hawk camps. In our view, the slowdown […]

The major currency pairs are in a holding pattern following the release of the latest US labour market data and Jerome Powell’s testimony before Congress. The Fed Chair noted that the Federal Reserve has made “significant progress” in its mission to combat inflation, but emphasized the need for “more good data” before lowering interest rates. […]

Markets Core bonds sold off into the final trading hours last Friday. We didn’t spot an obvious reason underpinning the move. Economic data (US PCE deflators, national inflation figures of certain EU member states) printed bang in line with expectations. But a looming weekend full of event risk (first round of French parliamentary elections) coinciding […]