Global Markets Macro Monthly, March 2023
Markets globally gave back part of their early-year gains as the macro story turned more challenging. Upside surprises to both inflation and growth in the U.S. and Europe led to a sharply higher repricing in U.S. rates as well as renewed uncertainty around the Federal…
Global Markets Macro Monthly. February 2023
We are two months into the year and market sentiment has improved as investors dissect inflation numbers, economic data, and the path of the Federal Reserve. Levels in both the Cboe Volatility Index and ICE BofAML MOVE index – respectively used to gauge volatility in…
Revisiting the US Dollar Weakening Cycle
Your browser does not support the video tag. The combined effect of an increase in the pace of vaccinations in developed markets, the anticipation of an additional USD 1.9 trillion fiscal package in the US and an ongoing commodities rally spurred a rapid selloff in US fixed income at...