Featured post

Graphic Content – October: Explaining strong Eurozone growth?

19th October 2017

Last month I mentioned how a cyclical recovery in China over the past few months was driving commodities higher, and could do the same to bond yields. A cyclical bounce in China may also be having a material impact on the Eurozone. The... Continue reading

Graphic Content – September; Watch commodity prices

11th September 2017

Industrial metal prices have been on something of a tear since July, and unlike in the weeks and months post Trump’s election, the... Continue reading

This week could see a momentous signal from the ECB

4th September 2017

The European Central Bank’s (ECB) meeting on September 7th will be the next chance for the Governing Council (GC) to communicate its intentions... Continue reading

Graphic Content – August; Seasonality – the Trump card for the US Dollar?

8th August 2017

The start of 2017 saw near unprecedented speculative positioning linked to global ‘reflation’, Trumpmania meant that nowhere was this more pronounced than in... Continue reading

Graphic Content – July; spot the difference

11th July 2017

Despite noticeably weaker data in the UK, a weaker government, and the beginning of Brexit negotiations, hawkish rhetoric from the Bank of England... Continue reading

Graphic content – June; the ECB continues to be too optimistic

14th June 2017

The European Central Bank (ECB) recently lowered its headline inflation forecasts, with the latest figures now at 1.5% for 2017, and 1.3% for... Continue reading

Up to an $800 billion negative shift in the demand-supply balance for US Treasuries – could the US yield curve actually steepen?

9th June 2017

Historically, in periods of monetary policy tightening by the US Federal Reserve (Fed), the US yield curve has flattened and eventually inverted as... Continue reading