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Fundamental Analysis

UK Manufcaturing PMI Soars in August
UK Manufcaturing PMI Soars in August

Factory Sector Sees Significant IncreaseThe British Pound has been well bid over Tuesday’s European session in response to a further set of strong economic data. The IHS Markit Manufacturing index was...

Long-term bond yields rise. Will the Fed conduct “Operation Twist 2”?
Long-term bond yields rise. Will the Fed conduct “Operation Twist 2”?

Following Jerome Powell’s speech at Jackson Hole last week, 30-year bond yields advanced to the highest level for two months on Friday. There are signs that the market expects consumer inflation to...

What Does The Fed's Inflation Shift Mean?
What Does The Fed's Inflation Shift Mean?

For those traders awaiting Fed chairman Jerome Powell’s speech at the Jackson Hole symposium this week, there was certainly little disappointment. The Fed chair announced major shift in the Fed’s...

Fed’s Mester: Rising Corporate Profits in 3Q Doesn’t Mean Recession is Behind
Fed’s Mester: Rising Corporate Profits in 3Q Doesn’t Mean Recession is Behind

Economic activity and hiring have been constrained during coronavirus outbreak, confirming that the recovery will be slow and economy will need more support from monetary and fiscal authorities,...

Key economic events and reports for the week ahead
Key economic events and reports for the week ahead

Monday, August 31, 2020 - Manufacturing PMI (Aug)(CNY).Tuesday, September 1, 2020 - RBA Interest Rate Decision (Sep)(AUD), German Manufacturing PMI (Aug)(EUR), CPI (YoY) (Aug)(CPI).Wednesday,...

A Few Remarks on Yesterday’s Powell Speech
A Few Remarks on Yesterday’s Powell Speech

Well, yesterday the Fed, represented by its head Jeremy Powell, formally confirmed that it adjusts reaction function to changes in inflation. Whereas previously the Fed used to target specific rate of...

Will the Fed Offer More Than Mere Change in Ambitions?
Will the Fed Offer More Than Mere Change in Ambitions?

Asian stocks posted modest gains, while European equities have been moderately declining as wait-and-see stance seems to be the most preferable ahead of Jeremy Powell's landmark speech today. There is...

US/China Conflict Fears Over South China Sea
US/China Conflict Fears Over South China Sea

South China Sea Operations Pose RisksEarlier in the week, US/China headlines finally had some positive news after months of hostility between the two nations over a series of events. Reports that...

Johnson Puts Fresh Focus on Brexit Trade Deal
Johnson Puts Fresh Focus on Brexit Trade Deal

New Advisory Panels EstablishedIn a sign that the UK PM is determined to clinch a last minute trade deal with the Eurozone, Boris Johnson has reportedly established a new set of advisory groups aimed...