This is an art form and a way of trading at market extremes. By definition, trading contrary opinion is a way of trying to catch market turning points. Recently, when…
The latest mini-budget from the UK sent gilt markets into a sharp fall and the GBP had its own mini crash. Why should fiscal stimulus be seen as so negative…
On Thursday, the Bank of England meets and a 50bps rate hike is fully priced in. A 75bps rate hike is seen by short-term interest rate markets as having an…
This week was dominated by the hot US inflation print on Tuesday. Markets were expecting another dip lower in US inflation, but the headline and the core readings came in…
The GBP has been pressured recently on USD strength, concerns over Brexit, stresses over a 2022 recession to last 15 months, huge energy price rises, and inflation projections from the…
In the event that UK PM Johnson quits the most likely reaction will be a dip in the GBP and UK equities that soon finds buyers. In fact, depending on…
Expectations going into the US CPI print today is for headline inflation to rise to 7.0% year on year. The core reading is 5.4% y/y and the polled economists still…