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🌐Emerging Economies Continue to Outperform Developed Markets: Cable FX Macro
Despite expectations for higher Fed Funds Rates, emerging markets continue to rally. This is contradicting the usual U.S.-DM dynamics...

Rosbel Durán
Jun 24, 2024


❗️📝Cable FX Macro Weekly Note
**As seen in Risk In The Week report 06/22/24, subscribe at cablefxm.co.uk/reports This week: Australia Inflation Canada Inflation...

Rosbel Durán
Jun 24, 2024


⚖️🇫🇷French Debt Spread Remains Risk to EUR: Cable FX Macro
We're heading into the French election with the French-Bund spread at its highest level in more than 10 years, Euro Stoxx continue to...

Rosbel Durán
Jun 24, 2024


📝See Dollar Rising vs Risk Sensitive Currencies: Nordea
The decline in interest rates and the rise in stock prices have created a positive environment for risk-sensitive currencies and a...

Rosbel Durán
Jun 24, 2024


📝EUR/USD Near Term Targets Seen At 1.05: J.P. Morgan FX Strategy
Our bottom-line view based on the snap elections thus far is that this is a temporary modestly EUR/USD bearish factor rather than a...

Rosbel Durán
Jun 24, 2024


📝See Banxico Holding Rates Until September: Scotiabank
PPI has often given us a 3–6 month preview of turns in CPI cycles (secondary sector inflation sheds light on core goods, and tertiary...

Rosbel Durán
Jun 21, 2024


📅Friday Session Docket: U.K. Retail Sales, S&P Global PMIs, U.S. Existing Home Sales
**As seen in Online Tools>Calendar, subscribe at cablefxm.co.uk/reports Economic calendar sees U.K. and Canada retail sales, U.S....

Rosbel Durán
Jun 20, 2024


📝Expect MXN to Outperform On Broader Macro Driven Risk Selloffs: UBS Strategy
USDMXN churns within a range, making lower lows. The desk saw decent two way interest throughout the session with a mix of client types...

Rosbel Durán
Jun 20, 2024


🛢️💱Canadian Dollar Detached From Crude Oil: Cable FX Macro
It's not news to see the loonie trading detached from energy prices, the chart below shows the 120-day correlation coefficient dropping...

Rosbel Durán
Jun 20, 2024


⚠️💵Dollar Tracking Volatility Higher: Cable FX Macro
The NA session has seen a bid in USD, which is now posting gains of 0.3% on the day. The G10 is led by oil sensitive currencies, while...

Rosbel Durán
Jun 20, 2024


📅Thursday Session Docket: SNB, BoE, Jobless Claims
**As seen in Online Tools>Calendar, subscribe at cablefxm.co.uk/reports Economic calendar sees jobless claims, housing starts, building...

Rosbel Durán
Jun 19, 2024


❗️🏦🇨🇭Cable FX Macro Weekly Note: SNB June Monetary Policy Meeting
**As seen in Risk In The Week report 06/14/24, subscribe at cablefxm.co.uk/reports It was debated whether the SNB would cut rates or not...

Rosbel Durán
Jun 19, 2024


📝Expect Clarity From The SNB On CHF: Commerzbank
The head of the SNB is obviously quite sure that there will be no domestic inflation drivers that could act independently of exchange...

Rosbel Durán
Jun 19, 2024


📝No News Is Good News In MXN: UBS Strategy
USDMXN traded heavy with some supply from Real Money and Hedge Fund names throughout the day. It's a case of no news is good news in MXN,...

Rosbel Durán
Jun 18, 2024


🇺🇸Trump Lead Over Biden Widens: Cable FX Macro
The implied probability of a Trump win in the November 2024 election has increased, according to data from PredictIt. This has widened...

Rosbel Durán
Jun 18, 2024


🇬🇧❗️Cable FX Macro Weekly Note: U.K. May Consumer Prices
**As seen in Risk In The Week report 06/14/24, subscribe at cablefxm.co.uk/reports Prices in the U.K. eased to 2.3% from the prior 3.2%...

Rosbel Durán
Jun 18, 2024


📆Wednesday Docket: U.K. CPI, U.S. Housing Market Index
**As seen in Online Tools>Calendar, subscribe at cablefxm.co.uk/reports Economic calendar sees U.K. inflation, EU current account, U.S....

Rosbel Durán
Jun 18, 2024


RPT--🏦🇦🇺Cable FX Macro Weekly Note: RBA June Cash Rate Decision
**As seen in Risk In The Week report 06/14/24, subscribe at cablefxm.co.uk/reports The RBA left its Cash Rate Target unchanged at 4.35%...

Rosbel Durán
Jun 18, 2024


RPT--🇺🇸❗️Cable FX Macro Weekly Note: U.S. May Retail Sales
**As seen in Risk In The Week report 06/14/24, subscribe at cablefxm.co.uk/reports U.S. retail sales slowed to print flat in April from...

Rosbel Durán
Jun 18, 2024


📝Base Case Is RBA Rate Cut In November: NAB
NAB’s very preliminary forecast for Q2 Trimmed Mean CPI is 0.9% q/q, one tenth above the RBA’s May SoMP forecast of 0.8%. We think this...

Rosbel Durán
Jun 18, 2024
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