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📝Commodities Have Higher Sensitivity to U.S. Slowdown Than Chinese Growth: Deutsche Bank Strategy
Even if China can still grow at 5% and the EUR area skirt a recession this year, past history shows commodities have predominantly...

Rosbel Durán
Apr 9, 2023


📝Brazil-China Trade Compromises Re-Industrialization Efforts: BNP Paribas
In 2022, bilateral trade amounted to some USD 150 bn – a 37-fold increase relative to trade in 2001. Since 2009, China has been Brazil’s...

Rosbel Durán
Apr 9, 2023


🔻Stand Short USD/CAD, Risks Of 1.335 Test: CIBC Strategy
We see the rally in crude oil as supportive for CAD at the margin, however, the upside beta has become weaker See risks of spot USD/CAD...

Rosbel Durán
Apr 9, 2023


🔺Dollar Index Rises 0.3% Over The Week: Cable FX Macro
Cable FX Macro Dollar Index <.RDDXY> Rises 0.30% On The Week, Advance Follows Three Straight Weeks Of Declines Some Headlines to Recap...

Rosbel Durán
Apr 8, 2023


📝March Employment In Line With JOLTS Data: UBS Strategy
Looking at the NFP breakdown, job gains still mostly came from core services sectors including leisure and hospitality (+72k), health...

Rosbel Durán
Apr 8, 2023


📝Labour Market Slowdown Not Enough, See 25Bps Hike In May: CIBC
The household survey, which is more volatile and less reliable on a month-to-month basis, showed a 577K increase in jobs. That left the...

Rosbel Durán
Apr 8, 2023


🇺🇸🔺NFP Record Smallest Upside Surprise Since In A Year: Cable FX Macro
Headline jobs figure has recorded above the consensus median for the last 11 straight months, March and April of last year printed...

Rosbel Durán
Apr 7, 2023


🇺🇸Cable FX Macro Weekly Note: March Non Farm Payrolls
**As seen in Risk In The Week report 03/31/23, subscribe at cablefxm.co.uk/reports The U.S. labour report showed the economy adding 311K...

Rosbel Durán
Apr 7, 2023


🇺🇸❗️March Core CPI Seen Above Headline For First Time Since 2020: Cable FX Macro
The BLS will release its March consumer prices report on Wednesday, April 12 at 8:30EST (NYC), 13:30 GMT (London) 14:30CET (Frankfurt),...

Rosbel Durán
Apr 7, 2023


📝CTA Model Shows CHF Max Long For First Time In Two Months: UBS Strategy
In G10, CTA positioning signals are showing that CTAs continue to look to add to CHF longs, say Rebecca Cheong and Megan Gordon. CTA...

Rosbel Durán
Apr 6, 2023


🇺🇸❗️Non Farm Payrolls Surprise Standard Deviation At 115K: Cable FX Macro
**As seen in Cable FX Macro Online Tools: U.S. Non Farm Payrolls Dashboard, subscribe at cablefxm.co.uk/reports Analyze transform,...

Rosbel Durán
Apr 6, 2023


⚖️🔺Dollar Not Following Short-Term Yields Lower: Cable FX Macro
We have previously discussed the degree to which rate spreads continue to influence the dollar as market narratives change. Our own...

Rosbel Durán
Apr 6, 2023


📝 Further Prices Pressures Should Be Less SEK Positive: J.P. Morgan Strategy
Sweden’s inflation is perhaps the most striking of all, with its oya print surprising to the upside by +0.3% (to 12%). Sweden’s run- rate...

Rosbel Durán
Apr 6, 2023


📝Banxico Hiking Cycle Not Over Yet: Deutsche Bank
Banxico, as expected, last week hiked the overnight rate by 25bps and delivered a unanimous decision. The risks to inflation also...

Rosbel Durán
Apr 5, 2023


🇺🇸🔻 Money Supply Points to Disinflation Ahead: Cable FX Macro
**Track U.S. inflation measures at the Inflation Dashboard found in our online tools section, subscribe at cablefxm.co.uk/reports Before...

Rosbel Durán
Apr 5, 2023


📝Expect A 25Bp RBNZ Hike In May, OCR Peak At 5.5%: ANZ
The reason the RBNZ decided to hike 50bp rather than 25bp can be put down to the following economic factors: An upward revision to...

Rosbel Durán
Apr 5, 2023


🏦🔻🔺NZ-AU Swap Curve Spread Widens After RBNZ: Cable FX Macro
Antipodes received monetary policy decisions this week, the RBA stayed steady at 3.6% while the RBNZ surprised the consensus as it lifted...

Rosbel Durán
Apr 5, 2023


📝3.6% Likely to Be RBA Cash Rate Peak, Upside Risks Remain: NAB
Yesterday’s post meeting statement continued to emphasise the RBA remains “resolute” in returning inflation to target and will continue...

Rosbel Durán
Apr 5, 2023


🇺🇸❗️U.S. Monetary Conditions Ease On The Week: Cable FX Macro
**As seen in Macro Walk report 03/31/23, subscribe at cablefxm.co.uk/reports The financial conditions tracker in our Macro Walk report...

Rosbel Durán
Apr 4, 2023


🏦🇳🇿Cable FX Macro Weekly Note: RBNZ April OCR Decision
**As seen in Risk In The Week report 03/31/23, subscribe at cablefxm.co.uk/reports The RBNZ delivered a 50bps rate hike in February, this...

Rosbel Durán
Apr 4, 2023
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