2nd December 2021

Inflation is key but a hawkish Fed is negative for commodities

The outlook for commodities has deteriorated sharply in recent weeks. A fall in inflation expectatio (...)

2nd December 2021

Espresso morning call: 2nd December 2021 trading updates

Markets jagged lower yesterday on the announcement of the first omicron case of COVID in the US.

1st December 2021

ISM Manufacturing encourages with another improvement

The ISM Manufacturing PMI has improved and slightly beaten expectations. A breakdown of the componen (...)

1st December 2021

Market reaction to a hawkish Powell could be pivotal

Fed Chair Powell’s surprisingly hawkish appearance before Congress now leaves markets at a key junct (...)

1st December 2021

Espresso morning call: Wednesday 1st Dec 2021 trading updates

Market sentiment has been buffered from pillar to post in recent sessions. Risk recovery taking hold (...)

30th November 2021

Reassessing the outlook for indices for the Omicron scare

Near-term volatility remains elevated and we cannot rule out additional downside moves, however, we (...)

30th November 2021

Espresso morning call: Tuesday 30th November 2021 trading updates

Markets remain highly on edge and reactive to anything that comes out about the new COVID variant, O (...)

29th November 2021

Week Ahead: Beyond COVID, PMIs and Payrolls are in focus

It is a packed economic calendar this week, with PMIs across major economies and culminating in anot (...)

29th November 2021

The potential for USD profit-taking is growing

With the new COVID variant taking hold, there are some signs that markets are ready to pare expectat (...)

29th November 2021

Espresso morning call: Monday 29th November 2021 trading updates

Risk appetite is rebounding this morning. After a huge knee-jerk reaction lower for risk assets on F (...)

26th November 2021

Espresso morning call: Friday 26th November 2021

Risk appetite has been smashed this morning amid renewed COVID fears. A new variant has taken hold a (...)

25th November 2021

Espresso morning call: Thursday 25th November 2021

It is Thanksgiving public holiday in the US today. With bond and equity markets shut this will mean (...)