3rd February 2022

Espresso Morning Call: NASDAQ decline hits risk sentiment

The sharp decline on NASDAQ overnight has weighed on broad market sentiment. This is the first test (...)

2nd February 2022

Espresso Morning Call: Sentiment continues to improve

We look at the continuation of the recovery in sentiment as indices rebound further whilst the USD s (...)

1st February 2022

Rallies on indices but more is needed to be sustainable

The recovery on Wall Street is coming as bond yields have stopped their sharp rise higher. Any furth (...)

1st February 2022

Espresso Morning Call: USD slips as risk recovery continues

The recovery in risk appetite that started last Friday has continued early this week. This is weighi (...)

24th January 2022

USD long positions are closing out ahead of the Fed

There is still a significant risk-off bias to major forex pairs due to negative sentiment across mar (...)

24th January 2022

Week Ahead: FOMC meeting and US GDP looms large for majors

The final full week of the month sees a focus back on the US with a raft of tier one data. The Fed m (...)

20th January 2022

Gold is decisively higher, but is it a false upside break?

Gold has broken out above key resistance. However, there is a lack of conviction with the move, due (...)

19th January 2022

Espresso Morning Call: Markets jittery on higher yields

The sell-off on Wall Street amidst the spike higher in Treasury yields continues to make traders ner (...)

18th January 2022

Wall Street remains the wild ride amongst indices

With bond yields moving higher again, once more we are seeing Wall Street driven lower by the growth (...)

18th January 2022

Espresso Morning Call: Risk-off as yields spike higher

As US traders return following the MLK public holiday, US bond yields continue to climb higher. This (...)

17th January 2022

Reaction to a technical rally will be key for USD this week

A pullback rally on the USD seems to be throwing up another chance to sell. However, reaction to old (...)

17th January 2022

Week Ahead: Inflation remains key, a slew of UK tier-one data

US announcements are limited to Fed surveys and housing data, so market participants may look toward (...)