Sticky inflation – Core PCE data to guide markets
Very data light this week across the globe and the Eid break combining to low volume markets, but we do have US GDP and the FEDS favourite inflation measure: Core PCE at the end of the week. The market is wrestling with trying to decide whether the FED are finished tightening and probably as with […]
Rate indecision persists
So expectations last week didn’t really go to plan, with reference to US inflation figures and industrial production. The presumption was for inflation to abate and therefore the rising cycle would slow and assets would be bought…. unfortunately although US inflation dropped to its lowest in 2 years, the core inflation ticked up which keeps […]
Has US inflation been contained?
Likely to be a stressful week for markets that focus on the USA since we have FOMC minutes and the inflation report due, we also get retail sales thrown into the mix. The markets, which are hoping that inflation is now under control, is looking for a 0.7% drop and if it gets it assets […]
Eiger Launches Multi-Factor Authentication (MFA) Solution
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Will the demise of a US bank cause FED to rethink?
Another important week this one as we have US inflation data and retail sales, additionally we have the ECB expected to raise rates. Last week’s news was mixed as Non-Farm payrolls showed an unexpected increase in hirings, although the unemployment rate increased. But this data was over shadowed by the failure of Silicon Valley Bank […]
World growth stagnates but rates do not
This is a pretty important week data wise and will probably set the tone for the next quarter. Chinese set economic growth at 5% over the weekend which was a disappointment and commodity markets are opening a little weaker on Monday morning. However we do have a lot to digest over the week with FED […]
Interest rates higher for longer , Part 2
Various European nations declare inflation and as that’s the issue on most market players minds it will be important. The ECB is regarded as being late to the rate rising party but is trying to catch up and overall the ECB is now the most hawkish so another higher reading in inflation will build pressure […]
Mood changes towards US rates
Market had been getting complacent about a soft landing for the USA (and the world economy in general) and a view that the US rate rising cycle was slowing… however the data from last week at least muted those views. Americans signing on for unemployment benefits dropped unexpectedly last month and followed a much higher […]
Three central bank decisions, all to rise by 50 basis points?
While last week lacked in data, this week has significant data from the US; Non Farm Payrolls, and three central banks decisions, as well as an end to Chinese lockdowns, so volatility is likely to return. The slowdown in the inflation rate in the US has given rise to hopes that Wednesday will see only […]
Short on data, short on dollars
After last weeks data headline driven week this one is notable for the lack of data, its also marked by Chinese New Year which generally has the effect of muting markets especially in the commodities sphere. The result of the inflation laden week last is that the market now believes the rate rises in the […]