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🏦📊Fed Pricing Trims Easing Bets to New Lows: Cable FX Macro
Swaps pricing for the Federal Reserve 2024 easing reached new lows on Friday, there are about 40bps of rate cuts priced in by the end of...

Rosbel Durán
Apr 22, 2024


🔻Magnificent 7 Underperformed S&P 500 Index Into Earnings Week: Cable FX Macro
A basket composed of the magnificent 7 stocks underperformed the equity benchmark last week, according to data compiled by Bloomberg. The...

Rosbel Durán
Apr 22, 2024


🛢️🔺Disinflationary Support From Commodity Prices Is Fading: Cable FX Macro
The chart below shows U.S. CPI, PPI, and a measure of global commodity prices constructed by Bloomberg, all indexes are plotted in Y/y...

Rosbel Durán
Apr 18, 2024


⚖️ 💵Dollar Trades In Line With Rate Spreads: Cable FX Macro
The dollar is extending gains on Friday AsiaPac session, and while the move is currently supported by risk aversion, we are noting rate...

Rosbel Durán
Apr 18, 2024


📆Friday Session Docket: U.K. Retail Sales, Japan CPI
**As seen in Online Tools>Calendar, cablefxm.co.uk/reports Light docket on Friday with releases from the U.K. and Japan We will hear from...

Rosbel Durán
Apr 18, 2024


📝We Now Expect BoC to Keep Rates High For Longer: BMO
We still expect policy rate reductions to start around mid-year, but we now look for slower rate cut cadences that will end at higher...

Rosbel Durán
Apr 18, 2024


RPT--🇦🇺❗️Cable FX Macro Weekly Note: Australia March Labor Report
**As seen in Risk In The Week report 04/15/24, subscribe at cablefxm.co.uk/reports The Australian economy added 116.5K jobs in February,...

Rosbel Durán
Apr 18, 2024


📝Lifting Our Australia 1Q CPI Forecast to 0.8% Q/q: Westpac
For the March quarter Consumer Price Index (CPI), Westpac has lifted its forecast from 0.7% to 0.8%. Due to base effects (a much larger...

Rosbel Durán
Apr 17, 2024


💷Rate Spreads Suggest Lower GBP/USD: Cable FX Macro
There is currently about a 46bps premium in 2y UST rates compared to U.K. Gilts, the spread favouring U.S. rates is now at the highest...

Rosbel Durán
Apr 17, 2024


🇺🇸🔺A Second Round Of High Inflation Could Peak In 2027: Cable FX Macro
The chart below compares the actual U.S. headline CPI to the high-inflation cycle of the 1970s. In recent months, we have seen prices...

Rosbel Durán
Apr 17, 2024


📅Wednesday Session Docket: U.K. CPI, EU CPI, BoE's Bailey
**As seen in Online Tools>Calendar, cablefxm.co.uk/reports The economic calendar holds inflation prints from the U.K. and Europe, we will...

Rosbel Durán
Apr 16, 2024


🇬🇧❗️Cable FX Macro Weekly Note: U.K. March Consumer Prices
**As seen in Risk In The Week report 04/14/24, subscribe at cablefxm.co.uk/reports U.K. headline CPI slowed to rise by 3.4% Y/y, this was...

Rosbel Durán
Apr 16, 2024


🇳🇿❗️Cable FX Macro Weekly Note: N.Z. 1Q Consumer Prices
**As seen in Risk In The Week report 04/14/24, subscribe at cablefxm.co.uk/reports New Zealand 4Q consumer prices slipped to 0.5% Q/q...

Rosbel Durán
Apr 16, 2024


RPT--🇨🇦❗️Cable FX Macro Weekly Note: Canada March Consumer Prices
**As seen in Risk In The Week report 04/14/24, subscribe at cablefxm.co.uk/reports Canada headline consumer prices eased to 2.8% Y/y in...

Rosbel Durán
Apr 16, 2024


📅Tuesday Session Docket: U.K. Employment, U.S. Housing, Canada CPI
**As seen in Online tools>Calendar, cablefxm.co.uk/reports Ahead: Economic calendar sees U.K. labour figures, U.S. housing,Canada CPI,...

Rosbel Durán
Apr 15, 2024


🇨🇳❗️Cable FX Macro Weekly Note: China 1Q GDP Growth
**As seen in Risk In The Week report 04/14/24, subscribe at cablefxm.co.uk/reports China's fourth-quarter output expanded by 5.2% Y/y and...

Rosbel Durán
Apr 15, 2024


❗️📝 Cable FX Macro Weekly Note
**As seen in Risk In The Week report 04/14/24, subscribe at cablefxm.co.uk/reports This week: China GDP Growth Canada Inflation Rate U.K....

Rosbel Durán
Apr 15, 2024


📈Dollar Posts Best Week Since September 2022: Cable FX Macro
Our measure of the dollar, the Cable FX Macro Dollar Index <.RDDXY>, traded in losses as it headed into tier-1 data. Weakness reversed...

Rosbel Durán
Apr 13, 2024


💶Euro Downside Demand Rises The Most In More Than A Year: Cable FX Macro
G10FX/USD downside demand was seen across the board, EUR/USD sort-term risk reversals fell for the third consecutive session on a week...

Rosbel Durán
Apr 12, 2024


🏦🇪🇺Desk Commentary: ECB April Rate Decision
Natixis: Data released since the last meeting “broadly confirmed” the ECB’s medium-term inflation outlook of a “gradual diminishing price...

Rosbel Durán
Apr 12, 2024
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