PMIs MIGHT PROVIDE GUIDANCE ON THE STATE OF THE GLOBAL ECONOMY New cases of the coronavirus rose sharply from Wednesday to Thursday after Chinese authorities changed the criteria for diagnosing…
read moreBENIGN INFLATION PUTS FUEL TO THE FIRE FOR THE FED TO CUT INTEREST RATES Inflation in the US was 1.8% YoY in May, coming in below the consensus forecasts. Consumer price…
read moreIS A RECESSION REALLY IN SIGHT? Markets have been bracing for a recession in the US, and as a result investors have been increasingly selling risk assets. The US Treasury…
read moreCAN A GOLDILOCKS MARKET RETURN? Risk aversion in global markets faded by the end of last week, due to several coinciding factors: Trade tensions eased, as the US and China signalled…
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