top of page
Search


📆Tuesday Session Docket: U.S. CPI, Eurozone GDP, U.K. Labour
**As seen in Eco/Speakers calendar 11/10/23, subscribe at cablefxm.co.uk/reports Exp = Bloomberg survey median Economic calendar holds...

Rosbel Durán
Nov 13, 2023


📝 Yen Carry Trades Remain Present: UBS Strategy
USDJPY hit 151,665 Monday Asia morning on Electronic Braking Services (EBS). Some market participants are now looking at 151.94, a...

Rosbel Durán
Nov 13, 2023


📝Banxico To Be On Course to Start Easing In Early 2024: Wells Fargo
In Mexico, October saw a further deceleration of inflation as the headline CPI slowed to 4.26% year- over-year and the core CPI slowed to...

Rosbel Durán
Nov 13, 2023


📝See China Output Rising 4.0%-4.5% In 2024: J.P. Morgan
Considering the time lag for policy transmission, policy support impact on the economy will mostly come through in 1H24. We thus keep...

Rosbel Durán
Nov 13, 2023


⚠️💶EUR/USD CPI Overnight Volatility At Lowest This Year: Cable FX Macro
EUR/USD overnight volatility is ticking at 7.54%, this is well below its one-year average of 9.86% and marks the lowest O/N implied vol...

Rosbel Durán
Nov 13, 2023


📊Volatility Factor Leads In October: Cable FX Macro
The volatility factor led gains in October trading at 2.2%, the basket finished at the best levels in the month. The model is starting 3Q...

Rosbel Durán
Nov 13, 2023


📝❗️Cable FX Macro Weekly Note
**As seen in Risk In The Week report 11/10/23, subscribe at cablefxm.co.uk/reports Ahead: U.S. Inflation Rate Japan GDP Growth China IP,...

Rosbel Durán
Nov 12, 2023


⚠️💱High-Beta FX Supported By The Volatility Downtrend: Cable FX Macro
A measure of global FX volatility constructed by J.P. Morgan has seen declines extending this month, the index is now 52bps lower at...

Rosbel Durán
Nov 12, 2023


💶🔺EUR/USD Failed to Follow Through With Risk: Cable FX Macro
The recent EUR/USD upside was capped above 1.0700. While a correction is taking place, risk assets extended gains. Euro Stoxx futures...

Rosbel Durán
Nov 12, 2023


⚖️🇺🇸🇯🇵Spread Differential Less Supportive Of USD/JPY Upside: Cable FX Macro
We're noting the US-JP spread differential holding below 400bps as the October Treasury rally pushed yields lower. The decline in yields...

Rosbel Durán
Nov 12, 2023


📝Market Is Trying to Front-Run The Fed For 5th Time This Cycle: Nordea
Even at 5.5%, measures such as the Taylor Rule, suggests policy is too loose. We fully understand that the Fed is cautious about raising...

Rosbel Durán
Nov 12, 2023


⚠️💱FX Implied Volatility At Lowest Since February 2022: Cable FX Macro
A measure of global FX volatility has extended its downtrend to reach the lowest level since February 2022. The J.P. Morgan FX Volatility...

Rosbel Durán
Nov 10, 2023


📝See Banxico Starting Its Easing Cycle In May: Natixis
In our assessment, the likelihood of Banxico initiating cuts in Q1 2024 hinges more on the actions of the Fed. Banxico is unlikely to...

Rosbel Durán
Nov 10, 2023


📝Current Banxico Swap Curve Below The September Meeting: Scotiabank
Banxico left its monetary policy rate unchanged in a unanimous decision at 11.25%, as widely expected. In addition, the Board revised...

Rosbel Durán
Nov 10, 2023


⚖️💶 EUR/USD Detached From Rate Differentials: Cable FX Macro
The euro found bids above 1.07 on a relatively dovish Fed Chair Powell, the Fed held rates in November and swaps priced in a rate cut as...

Rosbel Durán
Nov 9, 2023


🇬🇧❗️Cable FX Macro Weekly Note: U.K. Q3 GDP Growth
**As seen in Risk In The Week report 11/03/23, subscribe at cablefxm.co.uk/reports U.K. GDP is set to slow down in the third quarter...

Rosbel Durán
Nov 9, 2023


📆 Friday Session Docket: U.K. GDP, Norway Inflation, U.S. UoM
**As seen in Eco/Speakers Calendar 11/03/23, subscribe at cablefxm.co.uk/reports Exp = Bloomberg survey median Economic calendar sees...

Rosbel Durán
Nov 9, 2023


📝Yield Spreads And U.S. Risk Premia Supporting AUD/USD Rise: Westpac Strategy
We have a robust short-term AUD/USD model that decomposes AUD/USD price action into its key underlying short term macro drivers, namely,...

Rosbel Durán
Nov 9, 2023


🏦🇲🇽Cable FX Macro Weekly Note: Banxico November Rate Decision
**As seen in Risk In The Week report 11/03/23, subscribe at cablefxm.co.uk/reports Banco de Mexico kept its policy benchmark rate...

Rosbel Durán
Nov 9, 2023


🇨🇳❗️Cable FX Macro Weekly Note: China October Consumer Prices
**As seen in Risk In The Week report 11/03/23, subscribe at cablefxm.co.uk/reports China consumer prices showed a persistent deflationary...

Rosbel Durán
Nov 8, 2023
bottom of page