weekly research

The Fed entered into the new year needing to reset its credibility to control inflation at nearly a 40-year high. It has been nimble since its hawkish turn last fall as it doubled the pace of QE taper, brought forward the date of rates lift-off, and increased the number of anticipated rate hikes...

Currency traders are watching this week’s US unemployment rate for cues on the greenback’s path after it retreated from a two-month high against the yen. The currency pair declined as better-than-expected US core PCE inflation data for April failed to push Treasury yields higher. USD/JPY’s...

Traders are bracing for heightened volatility during this holiday-shortened week with quarter-end rebalancing among pension funds and other big investors. The recent swift advance in bond yields could set money managers up for big adjustments in their portfolio. The Dow and the S&P 500 have...

Global stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending. The environment of rising yield is seen as a short-term boost for the U.S. dollar. Higher interest rates in the U.S.? The recent...

March marks an important month for the world’s second largest economy – China. The annual Two Sessions – the most important political meetings of the year are taking place in Beijing, where a number of policy decisions are expected to be revealed to the public. This year is particularly...

Stimulus to help the economy and vaccines to stop the virus are expected to be the main focus in markets in the week ahead. Efforts to move along a fiscal package in Congress picked up momentum in the past week with Congressional leaders sounding conciliatory, and a bi-partisan group of...