Last week ended with the US Employment Situation Report. Markets witnessed a monster beat for employment growth; the US economy added more than 300,000 jobs in the month of March versus a median estimate of 210,000 (prior data: small downward revision fro...
6 months agoIt was quite the week!Top of the bill last week, of course, was the stronger-than-expected US CPI inflation print, which, immediately following the release, underpinned the dollar and US Treasury yields, as well as pushed spot gold (XAU/USD) and US equity...
6 months agoWell, another week has passed, and the prospect of the Fed cutting rates this year is becoming more remote.Highlights last week include the US GDP first estimate slowing more than expected for Q1 to an annualised rate of 1.6%, far surpassing economists’ e...
5 months ago