Author name: Analyst

Investors in the bond market have scaled back expectations for US rate cuts in the current year, as the likelihood of a reduction in March dwindles to approximately one-in-three. The market closely interprets the Federal Open Market Committee’s (FOMC) and Chairman Powell’s medium-term guidance, a factor that can trigger volatility in asset markets, even when […]

Crude oil prices experienced a modest uptick as Saudi Aramco announced its decision to refrain from further increasing oil production capacity to 13 million barrels a day, adhering to the Saudi government’s directive to maintain it at 12 million barrels instead. The market’s attention is also focused on the potential US response to the recent

The US dollar and Treasuries exhibited minimal movement during the Asian trading session. The release of varied US economic data on Friday has sparked concerns that the Federal Reserve may adopt a more patient approach towards the pace of interest-rate cuts in its upcoming policy decision announcement on Wednesday. Anticipation surrounds the Federal Reserve’s meeting

In a notable development, inflation in Tokyo dipped below the 2% threshold for the first time in over eighteen months, showcasing a more pronounced deceleration than initially anticipated. The recently disclosed minutes from the Bank of Japan’s meeting, held on Friday, revealed that board members are deliberating the robustness of price growth and the optimal

The 10-year sovereign yield in Japan experienced a notable uptick, exceeding 10 basis points, following comments made by Governor Kazuo Ueda on Tuesday. The Governor’s statements were perceived as hawkish by traders, triggering a temporary surge in yields. This development coincided with a strengthening trend observed in the Japanese yen across various currency pairs. Despite

Amidst a turbulent start to the year, market focus is centered on speculation surrounding potential rate cuts by the Federal Reserve and the sustained momentum in artificial intelligence, seen as a driving force behind continued profit growth. Early trading in Asia witnessed minimal movement in Treasuries, with 10-year yields sliding two basis points to 4.10%

Asian markets experienced a downward shift from earlier highs as apprehension regarding China’s economic struggles weighed on the nation’s equities. Chinese commercial lenders maintained their benchmark lending rates, aligning with the central bank’s recent decision to refrain from cutting borrowing costs. On the flip side, the S&P 500 achieved a record high on Friday, marking

Asian markets faced a downturn as fresh data intensified worries about the state of China’s economy, leading investors to scale back expectations of interest rate cuts by the Federal Reserve. The decline ensued after official figures revealed that while China achieved its 2023 economic target, the country’s housing market continued to deteriorate, and domestic demand

In a notable surge, the US dollar reached a one-month high, propelled by a rise in Treasury yields following hawkish remarks from European Central Bank (ECB) officials pushing back against expectations of early and substantial rate cuts. Gold, in response, experienced a decline, accompanied by a broad-based decrease in Treasury prices as the market resumed

In the aftermath of heightened expectations that the Federal Reserve will implement interest rate cuts, Asian and European markets predominantly experienced gains. Traders, reacting to a surprising decline in U.S. producer prices on Friday, further solidified their beliefs that the Fed will opt for lower borrowing costs in the coming months. As the new week