海外研报
筛选
"Wolf! Wolf! The wolf is chasing the sheep!"
Market pricing of end-2024 Fed Funds fell from 4.66% (67bp below the current level) before the July labour market data were released, to 3.85% just before the (stronger) ISM services data
海外研报
2024年08月27日
TECHNICAL ANALYSIS
2y UST down move stalled after defending the May 2023 trough near 3.65% but signals of significant upside are not yet visible. 2y
海外研报
2024年08月27日
Summer revision courses: Monetary Framework
The ECB’s monetary policy aims at having an influence on credit conditions; put simply, this is how monetary policy functions.
海外研报
2024年08月27日
How Strong Is Job Growth? (Abecasis)
Payroll growth has averaged 170k/month over the last three months. But ninvestors have raised a number of concerns about this seemingly reassuring
海外研报
2024年08月27日
USD undervalued, especially against the JPY
The USD is undervalued on several crosses. USD/JPY’s undervaluation is large enough to trigger a buy trade, but the UK on holiday and no
海外研报
2024年08月27日
POWELL CONFIRMS THE EASING CYCLE HAS BEGUN
The economy is not now in recession, but when recession is not an option and inflation is low enough with the funds rate 250BP > inflation, employment must become the policy focus. The F
海外研报
2024年08月28日
HOW LOW IS LOW ENOUGH FOR THE FUNDS RATE?
After scuffling around the starting gate of the rate-cut betting race for more than year, market participants finally heard the bell go off on Friday and know the race is on. There are three tiers
海外研报
2024年08月28日
