Currencies

Last week, we discussed the impending central bank decisions – the final monetary guidance for 2023 – set against the rapidly evolving market sentiment from a macroeconomic perspective.

Last week, we discussed the ongoing growth moderation and global disinflation themes that we see continuing …

Last week, we discussed what we saw as a continued evolution of the dominant themes that have been present for a number of weeks…

Last week, we discussed the recent market reaction to the recent CPI miss in the US (from the October data) and our suggestion that this was an example of our rising view that the burden of proof has switched from the absence of slower growth…

Last week, we discussed what we saw as a continuation of the recent theme of completion of the global monetary tightening cycle…

Last week, we discussed the most recent iteration of US monetary policy following the November FOMC where they left rates unchanged at 5.25-5.50% as expected.

Last week, we discussed the ECB policy decision and the accompanying Governing Council narrative.

Last week, we expanded upon our recent discussions on the US inflation trajectory and the resultant and extrapolated Fed policy narrative…

In our last piece, we discussed two main topics…

In our last piece, we discussed the recent divergence in DM central bank rhetoric…