Yen dips despite stronger JPY retail sales
The Japanese yen continues to lose ground. The yen suffered a third straight losing week, and the tr...
Archive
Brent crude and WTI stage rare divergence
Saudi Arabia, Omicron send Brent and WTI in opposite directions Oil prices traded sideways on low li...
US dollar trades sideways
US dollar drifting in holiday-thinned trade Currency markets are in holiday mode and will likely rem...
Asian markets in calm waters
Asian equities hover between slightly mixed and unchanged Asian equities are off to a quiet start th...
Festive season dominates Asian markets
With Hong Kong and Australia closed today, along with the UK this afternoon, and a number of seconda...
Happy Holidays and the Week Ahead
We wish you and your family happy, healthy holidays and all the very best in 2022! Markets US – Sh...
Yen drifting as CPI rises
Inflation is on the rise in Japan. In November, Core CPI rose 0.5% y/y, above the consensus of 0.4%...
Pound jumps as Omicron risk dismissed
It has been a very good week for the British pound, which is up 1.29%. So good, in fact, that this w...
Canadian dollar buoyed by risk sentiment
The Omicron variant continues to rage through Europe and the US, but the markets are in a positive m...
Oil rallies on Omicron, gold drifting
Another rally for oil The omicron is not-as-bad-as-we-thought trade continued to push oil markets hi...
US dollar in calm waters
US dollar trades sideways Currency markets look like they have closed for the year now, with overnig...
Asian equities mixed in pre-Santa session
Asian equities mixed in pre-Santa session Thankfully, reporters have stopped asking me if we will ge...
Sitting on a beach earning 20%
With Christmas upon us, I was pondering how the world has changed and what better place to start tha...
Crude steadies, gold higher despite rising Fed hike expectations
Energy Gasoline prices rallied after the fourth largest refinery in the US had a major industrial ac...
Santa’s back, Mostly positive US data, Erdogan’s lira playbook, bitcoin disappoints
Omicron concerns ease Omicron is looking more like a short-term disruption to the economic outlook a...
Euro snoozes ahead of Christmas
The euro is having a quiet day, trading around 1.1320 in the North American session. There are no ti...
Yen edges lower, GDP revised upwards
Japan upgrades FY2022 growth The markets were treated to some positive news out of Japan, which rais...
Will GDP lift the loonie?
The Canadian dollar is trading quietly ahead of the release of Canada’s GDP for October later ...
Oil and gold stage rallies
Another big rally for oil The omicron is not-as-bad-as-we-thought trade continued to push oil market...
US dollar slips as risk appetite rises
US dollar falls hard on surging virus sentiment The US dollar was in full retreat overnight, mostly ...