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📝Political Uncertainty Drives EUR Lower: UBS Strategy
Friday has seen a real extension of EUR lower, driven by European politics and market risk sentiment. Most of the action is in EURXes not...

Rosbel Durán
Jun 14, 2024


RPT--🇸🇪❗️Cable FX Macro Weekly Note: Sweden May Consumer Prices
**As seen in Risk In The Week report 06/09/24, subscribe at cablefxm.co.uk/reports Sweden headline consumer prices accelerated in April...

Rosbel Durán
Jun 14, 2024


RPT--🏦🇯🇵Cable FX Macro Weekly Note: BoJ June Rate Decision
**As seen in Risk In The Week report 06/09/24, subscribe at cablefxm.co.uk/reports Back in April, the Bank of Japan left its policy rates...

Rosbel Durán
Jun 14, 2024


🏦🇺🇸Desk Commentary: FOMC June Rate Decision
Cable FX Macro: I fear some market participants and desks may miss the bigger picture. Currently, the VIX stands below 12.0%, a 1 vol...

Rosbel Durán
Jun 13, 2024


🎈U.S. Inflation Surprise Index Falls to Lowest In 9 Months: Cable FX Macro
**As seen in Online Tools>Inflation Dashboard, subscribe at cablefxm.co.uk/reports Our own measure of U.S. inflation surprises has fallen...

Rosbel Durán
Jun 12, 2024


📝Real Money Split On USD/MXN Spike Higher: UBS Strategy
USD/MXN gaps higher once as New York walks in. The pair continues to trade quite choppy each day, as holding onto gamma longs/risk...

Rosbel Durán
Jun 12, 2024


🏦❗️Cable FX Macro Weekly Note: FOMC June Rate Decision
**As seen in Risk In The Week report 06/09/24, subscribe at cablefxm.co.uk/reports The Fed will most likely leave rates unchanged this...

Rosbel Durán
Jun 12, 2024


🇺🇸❗️Cable FX Macro Weekly Note: U.S. May Consumer Prices
**As seen in Risk In The Week report 06/09/24, subscribe at cablefxm.co.uk/reports U.S. headline consumer prices eased to 3.4% Y/y from...

Rosbel Durán
Jun 12, 2024


📝❗️Cable FX Macro Weekly Note
**As seen in Risk In The Week report 06/09/24, subscribe at cablefxm.co.uk/reports This week: U.S. inflation FOMC meeting Norway...

Rosbel Durán
Jun 11, 2024


RPT--❗️🇳🇴Cable FX Macro Weekly Note: Norway May Consumer Prices
**As seen in Risk In The Week report 06/09/24, subscribe at cablefxm.co.uk/reports Norway April CPI-ATE measure rose 4.4% Y/y and 0.9%...

Rosbel Durán
Jun 11, 2024


⚖️⛔️Credit Spreads Widen On OAT Underperformance: Cable FX Macro
Domestic political risks saw the periphery offered on Monday session, but declines were led by French OATs, a movement index calculated...

Rosbel Durán
Jun 10, 2024


⚠️💱Peso Front-End Implied Undervalued By Around 400Bps: Cable FX Macro
Last week, the spike in the USD/MXN recorded a range above 1.50 pesos. Over the past five years, ranges this wide have been seen only 7...

Rosbel Durán
Jun 10, 2024


📝Rising Political Risks to Pressure Domestic Spreads: Commerzbank Strategy
The present situation looks more akin to 2017, when the sudden emergence of risks of a Le Pen election victory triggered sustained...

Rosbel Durán
Jun 10, 2024


💱⚠️Mexico Credit Default Swaps Rise Marginally Despite Uncertainty: Cable FX Macro
The rise in MXN-denominated assets risk premium translated to sharp losses in FX and equities, the peso posted its worst week since the...

Rosbel Durán
Jun 9, 2024


📉⚠️Mexican Peso Extends Losses to YTD Lows On Reform Risks: Cable FX Macro
The chart below shows a summary of USD/MXN price action following the presidential election results USD/MXN failed to reject 18.0 to the...

Rosbel Durán
Jun 8, 2024


🇺🇸💼U.S. Unemployment Rate Unexpectedly Rises In May: Cable FX Macro
**As seen in Online Tools>Non Farm Payrolls Dashboard, subscribe at cablefxm.co.uk/reports The May jobs report showed the U.S. economy...

Rosbel Durán
Jun 7, 2024


⚠️Mexican Peso Carry/Vol Ratio Halved On Local Risks: Cable FX Macro
Whether the recent election results will change Mexico structurally or not is yet to be seen, however, financial markets don't usually...

Rosbel Durán
Jun 7, 2024


🐍🦅Mexican Peso Posts Worst Week Since The Pandemic: Cable FX Macro
We have seen volatility rise in MXN denominated assets following the Sunday election results. Morena party supermajority has increased...

Rosbel Durán
Jun 7, 2024


📆Friday Session Docket: Canada Jobs, Non Farm Payrolls, Eurozone Employment
**As seen in Online Tools>Calendar, subscribe at cablefxm.co.uk/reports Tier-1 data ahead

Rosbel Durán
Jun 6, 2024


🇺🇸💼Non Farm Payrolls Average Surprise At +45K: Cable FX Macro
**You can read our May Non Farm Payrolls preview in the Risk In The Week report **As seen in Online Tools>Non Farm Payrolls...

Rosbel Durán
Jun 6, 2024
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