Analysis

Chart of the Day - EURGBP

Chart of the Day - EURGBP

Join Luca Santos, Technical Market Analyst at ACY Securities as he presents some technical as well as fundamental insights into the EURGBP post United Kingdom Inflation Release.
ACY Securities | 463 days ago
UK Inflation

UK Inflation

UK CPI inflation fell by 0.4ppts to 10.1% y-o-y in January (consensus: 10.3%, BoE: 10.1%)…but the big – and better – news was that core inflation fell by 0.5ppts to 5.8% y-o-y, while services inflation was down 0.8ppts to 6.0%.
ACY Securities | 463 days ago
Ueda Confirmed as JPY Outperforms

Ueda Confirmed as JPY Outperforms

The pair was trading at around 131.60 on Friday morning when news broke that the government would nominate Kazuo Ueda to be the next BoJ Governor. We have since seen USD/JPY plunge 1.4% quickly but has since recovered and now after the formal nomination of Ueda, USD/JPY is about 154pips higher from when this all started.
ACY Securities | 464 days ago
US Inflation Signals More Fed

US Inflation Signals More Fed

Another historic example of intra-day volatility extremes for US stock indices during the New York session. All in response to the release of the much anticipated US Inflation report. Coming in a bare nudge lower of just 0.1% from 6.5% to 6.4% on the year, and alarmingly re-accelerating on a monthly basis from 0.3% to 0,5%.
ACY Securities | 464 days ago
Now is a Data Game

Now is a Data Game

A key takeaway from the recent fluctuations in major G10 pairs is that, at this stage, data matters much more than central bank communication. The mass of hawkish comments - ranging from modest to aggressive - seems rather predictable considering the markets’ early-February dovish run and strong jobs data in the US.
ACY Securities | 466 days ago
The Week Ahead in Euro Rates

The Week Ahead in Euro Rates

Fade it. Bearish flattening is the right dynamic – the bullish flattening in recent weeks didn’t fit a soft-landing story. But I don’t believe in the pricing of the peak ECB rate pushing toward 3.6%. That should correct, but if not, I also see the 5y as stretched.
ACY Securities | 466 days ago