Kathleen

In focus today Today, the EU Commission is set to publish its "Clean Industrial Deal", which is the Commission's grand strategy on how to revitalise manufacturing and meet climate goals. A leaked draft shows that the Commission intends to introduce "Made in the EU" quotas and carbon product labels.

Currencies and metals end week, last, on better footing... Trump's tariffs already taking effect... Good Day... And a Marvelous Monday to you! Well, my beloved Cardinals didn't start out their spring Training session on the right foot, as they lost both of their first two games... I was disgusted by

Germany goes to the polls, but far-right AfD unlikely to form government. German CPI data might be bigger driver for the Euro. US inflation also in the spotlight as PCE report awaited. CPI releases in Australia and Japan, Canadian GDP also on tap. Will German elections change the outlook much? When

China is holding its benchmark lending rates steady as the PBOC goes into full-on defense mode to protect financial stability amid a sharp acceleration in capital outflows. The yuan has been under siege, with foreign-exchange outflows surging last month as Trump’s tariff rhetoric sent shockwaves thr

Dollar Index needs to see a rise past 107.25 to turn bullish again. Euro can extend the fall towards 1.04. EURINR can trade within a narrow region of 91.50-90.50. USDJPY can rise towards 153 or even 154 as anticipated and EURJPY has immediate downside limited to 157/56. AUDUSD is trading within a na

Federal Reserve (Fed) Bank of San Franciso President Mary Daly noted on Tuesday that prospects of further rate cuts this year remain murky in the face of policy uncertainty despite an overall positive lean to US economic factors. Key highlights The US economy is in a good place. GDP growth and the l

Retail Sales came in weaker – but hold on. Stocks end mixed, Bonds surged, yields declined. Oil up – OPEC ‘considers’ delaying again, Gold up. VIX is complacent again. Lots of housing data this week – expected to be weak. Try Chicago’s Chicken Vesuvio. Friday was an interesting day…..stocks struggle

USD/CAD gathers strength to around 1.4205 in Tuesday’s early European session. The pair keeps the negative view below the 100-period EMA with the bearish RSI indicator. The first downside target to watch is 1.4151; the immediate resistance level emerges near 1.4265. The USD/CAD pair trades in positi

EUR/GBP softens to near 0.8325 in Friday’s early European session. UK economy grew by 0.1% QoQ in Q4, beating expectations after recording zero growth in the previous reading. Investors await the preliminary reading of the Eurozone Q4 GDP report, which is due later on Friday. The EUR/GBP cross trade

The US Dollar trades weaker on Thursday against most major peers. Traders gear up for the Producer Price Index (PPI) and weekly jobless claims due later in the day. The US Dollar Index (DXY) drops below 108.00 and ekes out losses for this week. The US Dollar Index (DXY), which tracks the performance

S&P 500 trapped the bears again Monday, call right on the money. Yields are though less willing to retreat, and the upswing (10y through 4.50%) is here – with Powell heading to testify, we have plenty to look forward for as markets are adjusting to fewer cuts and coming later as talked in your e

Markets are largely expecting the first 25bp rate cut from the Reserve Bank of Australia (RBA) next week on 18 February. We agree, but it'll be a close call. We expect a cut, but it’s not a done deal The market is pricing in the first 25bp rate cut from the Reserve Bank of Australia (RBA) next week