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📝Looking For 175Bps Of BoC Easing Into 2025: ING FX Strategy
While there is little prospect of any rate cut at the 6 March meeting and we doubt the BoC will be comfortable enough to loosen policy at...

Rosbel Durán
Feb 29, 2024


📝Expect Banxico to Cut Rates By 25Bps In March: UBS Strategy
Mexico's central bank on Wednesday lowered its growth forecast for 2024 to 2.8% from 3.0%, largely due to carryover effects, and said...

Rosbel Durán
Feb 29, 2024


📉AUD/USD Put/Call Premium Rises Into U.S. Election: Cable FX Macro
Demand to hedge AUD/USD downside is higher into the 6m and 9m tenors, the latter covers the U.S. election in November AUD/USD 3m-6m put...

Rosbel Durán
Feb 28, 2024


🎈🇨🇦Canadian Macro Sentiment Slumps to Lowest Since Sept. 2022: Cable FX Macro
Canada macroeconomic sentiment dipped into negative territory to reach the lowest level since September 2022. The index is recording the...

Rosbel Durán
Feb 28, 2024


🛢️📉Commodities Set to Post 7th Consecutive Month Of Losses: Cable FX Macro
An index tracking commodity prices built by Bloomberg is set to finish February down 1.9%, this is the 7th straight monthly loss for the...

Rosbel Durán
Feb 28, 2024


🇺🇸🗳️Polls Show Trump Extending Lead Over Biden: Cable FX Macro
Trump has extended its leadership over Biden, RealClearPolitics data shows. Polling has not favored the former President by a wide margin...

Rosbel Durán
Feb 28, 2024


📝We No Longer Expect RBNZ to Hike The OCR: ANZ
The OCR track, which peaks 9bp above the current level of 5.5%, indicates that the RBNZ still sees some upside risk overall. However, the...

Rosbel Durán
Feb 28, 2024


⚖️🔻Gold Relative Strength Detached From Yields: Cable FX Macro
Spot gold tested levels below $2,000/oz before reversing losses for the month. We have now seen CPI weakness pared back completely The...

Rosbel Durán
Feb 27, 2024


📊🇺🇸U.S. Seen Leading G10 Growth In 2024: Cable FX Macro
The consensus median expects the U.S. economy to outperform all developed nations this year, GDP is penciled at 2.0% before slowing to...

Rosbel Durán
Feb 27, 2024


📝 Australia May Be Transitioning to "Less Risky" Status: Westpac Strategy
AUD’s beta to global “risky” market returns has fallen to multi-year lows. Paralleling that, Australia’s national savings continue to...

Rosbel Durán
Feb 27, 2024


⚖️🇩🇪🇺🇸Treasury-Yield Spread Remains Within Ranges: Cable FX Macro
Monday session sees global rates offered, 10-year benchmark yields in Germany and the U.S. rise by 7.7bps and 3.7bps, respectively. The...

Rosbel Durán
Feb 26, 2024


🏦📊Fed Pricing Continues to Pare Rate Cut Bets: Cable FX Macro
The market reversed its Fed pricing course since mid-January when expectations saw 160bps of easing for 2024. The move extended into less...

Rosbel Durán
Feb 26, 2024


🎈Inflation Surprise Trends Diverge vs U.S.: Cable FX Macro
This week, the docket is set to receive the Fed’s preferred measure of inflation, the core PCE. As of December, the rate stands at 2.6%...

Rosbel Durán
Feb 26, 2024


📝Expect EUR/USD to Fall to 1.03-1.05 In H1: J.P. Morgan FX Strategy
The motivation for our relatively bullish USD view (EUR/USD 1.03-1.05 in 1H is persistent US growth and yield exceptionalism. This...

Rosbel Durán
Feb 15, 2024


⚖️HY Option Adjusted Spreads Narrow Despite U.S. CPI Print: Cable FX Macro
U.S. and global high-yield corporate bond spreads have narrowed despite the hot CPI print. A measure of U.S. HY spreads is near its...

Rosbel Durán
Feb 15, 2024


⚖️🇦🇺🇺🇸 AUD Yield Advantage Erodes Further: Cable FX Macro
AUD-USD 10-year yield spread started the year at around 10bps in favour of AGBs. The differential had been positive since November and it...

Rosbel Durán
Feb 15, 2024


RPT-- 🇺🇸❗️Cable FX Macro Weekly Note: U.S. January Retail Sales
**As seen in Risk In The Week report 02/09/24, subscribe at cablefxm.co.uk/reports U.S. retail sales rose by 0.6% M/m in December, this...

Rosbel Durán
Feb 15, 2024


RPT--🇦🇺❗️Cable FX Macro Weekly Note: Australia January Labour Report
**As seen in Risk In The Week report 02/09/24, subscribe at cablefxm.co.uk/reports Australian economy shed 65.1K jobs in December, the...

Rosbel Durán
Feb 15, 2024


RPT--🇬🇧❗️Cable FX Macro Weekly Note: U.K. January Consumer Prices
**As seen in Risk In The Week report 02/09/24, subscribe at cablefxm.co.uk/reports U.K. consumer prices rebounded in December, the...

Rosbel Durán
Feb 15, 2024


⚠️CBOE VIX Rises The Most Since October: Cable FX Macro
The CBOE volatility index has seen range-bound moves for most of this year, daily changes have ranged from around -1.0/+1.0 until today...

Rosbel Durán
Feb 13, 2024
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