Fresh oil being poured during an oil change to a car

Risk supported by 6-months high oil prices – Inflation in focus today

While some markets in Europe were closed yesterday, global risk taking was on in equity markets. US markets closed about 1% higher and the US dollar sold off, less the JPY and the GBP was in demand ahead of the inflation data today, which is expected to be supportive for the Sterling following recent BoE statements. […]

Volatility Ahead Road Warning Sign , 3d render

Quiet Monday – busy week ahead

US Data (Retail Sales, Michigan sentiment) on Friday surprised to the upside and this has triggered rate speculation once more as we wrote in our update from last Friday, sending equities lower and the USD higher against most peers. The Euro zone economy took a hit on weaker than expected growth for Q1. Global equities […]

stock analysis with digital tablet and hand pointing

Draghi, Osbourne and US Housing Market in Focus

After the plunge in oil on Monday, where risky assets sold off on back of the “no agreement”-deal in Doha, most of the lost ground was recovered yesterday. Due to the current high correlation between oil prices and risk, it seems that oil is leading the price action. On the macro front, we saw better […]