13th January 2023

The Federal Reserve

The Federal Reserve is the central bank of the US. With the USD being the world’s most widely used c (...)

13th January 2023

Espresso Morning Call: USD sell-off continues after US CPI

A bruising sell-off continues on the USD as US CPI inflation trends lower. There is a degree of cons (...)

12th January 2023

US CPI falls again in December, in line with forecasts

A falling trend in US inflation continued in December. The reductions in core and headline CPI were (...)

12th January 2023

US CPI falls again in December, in line with forecasts

A falling trend in US inflation continued in December. The reductions in core and headline CPI were (...)

12th January 2023

Espresso Morning Call: USD claws back losses ahead of US CPI

The risk recovery has continued this week. However, all eyes will turn to the US CPI inflation today (...)

11th January 2023

Espresso Morning Call: Positive risk bias tries for breakout

With Fed Chair Powell tight-lipped on monetary policy yesterday, a slight positive bias is trying to (...)

10th January 2023

A basing phase on Wall Street could be a long process

Into 2023 equity markets. Have been more upbeat. Although Wall Street has been lagging, a basing pha (...)

10th January 2023

Espresso Morning Call: USD rebounds as focus turns to Powell

Two FOMC speakers with a slightly hawkish lean have supported the USD and weighed on indices. The fo (...)

9th January 2023

Espresso Morning Call: USD selling pressure mounts on Monday

The USD has fallen sharply since Nonfarm Payrolls and the ISM Services PMI dropped below 50. USD is (...)

6th January 2023

Espresso Morning Call: Mild USD gains into Nonfarm Payrolls

US labour market data has generated support for the USD in recent days. This bodes well for the gree (...)

5th January 2023

Monetary Policy and Interest Rates

Central banks use monetary policy to control the money supply in an economy. The aim is to balance e (...)

5th January 2023

Espresso Morning Call: Caution forming ahead of US jobs data

The Fed minutes may not have done much to move markets but the tightness of the US labour market wil (...)