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Over the last 15 years there have been two recessions: one of the longest, the Great Recession, which ran from December 2007 to June 2009, and one of the shortest, the...
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4 Minutes
2 Minutes
USD/CAD edges lower on softer USD, lacks follow-through amid bearish Oil prices
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USD/CAD trades with a mild negative bias and is pressured by a modest USD downtick. The uncertainty over the Fed’s rate-hike path should help limit any meaningful USD fall. Bearish Oil...
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5 Minutes
Pound Sterling tumbles as BoE Pill warns over excessive slowdown fears
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Pound Sterling faces selling pressure as investors’ risk appetite diminishes. BoE Pill cautioned about an excessive economic slowdown due to the restrictive policy stance. Israel rejected a ceasefire offer but is...
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2 Minutes
Euro area recession risks grow as inflation falls sharply – ANZ
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Brian Martin, Head of G3 Economics at ANZ Research, notes that the Euro Area (EA) is at risk of steepening declines as inflation recedes at a rapid pace. EA inflation improvement increasingly...
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5 Minutes
Gold should heed miners’ warning
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While geopolitical conflict has kept gold afloat, mining stocks’ weakness signals trouble ahead. Economic recession looms While risk assets attempt to break free of their bearish corrections, gold’s relative outperformance has the yellow...
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2 Minutes
WTI oscillates in a range around $85.00, Middle East tensions remain in focus
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WTI is seen consolidating the previous day’s goodish recovery gains from a nearly two-week trough. The Israel-Gaza conflict continues to fuel concerns about supply disruptions and lend some support. Looming recession...
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2 Minutes
ECB probably done hiking as the economy appears to be heading for recession
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It’s been another mixed session on Tuesday with investors potentially eyeing important events later in the week. The PMIs across Europe earlier in the day didn’t get things off to a...
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2 Minutes
Recession is a question of “when” not “if”
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The bond market’s signals have been somewhat ambiguous, with the yield on the U.S. 10-year note briefly surpassing 5% but then retreating. Later in the week, significant economic data releases, including...
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4 Minutes
No need for action by the ECB
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ECB will keep interest rates and outlook stable Next week, we expect an unspectacular meeting of the ECB Governing Council. A change in key interest rates can be all but ruled...
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5 Minutes
Pound Sterling breaks down further as UK recession risks remain elevated
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Pound Sterling dips after choppy moves ahead of S&P Global Services PMI data. UK’s Services PMI is set to contract for the second time in a row. The BoE paused the...
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