G10 Macro Rates Market Analysis – Weekly Review – 22nd February 2021
3 minutes read timePart of the answer to this story is reflected in the higher PPIs in the UK and USA. The question, will these feed through the chain-weighted index to the consumer level CPI, depends on the balance of companies’ pricing power relative to spare capacity in the labour market? Additionally, the refocusing of global GDP on […]
G10 Macro Rates Market Analysis – Weekly Review – 15th February 2021
3 minutes read timeThese positive economic nuances along with the USA treasury auctioning its longer duration bonds, as it does every 2nd week of the month, saw global yields move higher, trying to discount the supply and pricing in the better economic outcomes. Even the Fed Chair’s dovish speech – US labour market far from strong, and new […]
G10 Macro Rates Market Analysis – Weekly Review – 8th February 2021
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G10 Macro Rates Market Analysis – Weekly Review – 1st February 2021
2 minutes read timeChair Powell spoke post the FOMC decision, emphasising the road to a normal economy remains a long way off. ECB speakers emphasised that rate cuts were still possible, focusing the markets eye on the strength of the Euro. With many G10 central banks close to their reversal rate (lower bound), jawboning their currencies lower might […]
G10 Macro Rates Blog – This isn’t a casino, this is a riot
2 minutes read timeThe “burners”, in this case, appear to be millennial day traders coordinating their efforts via various social media sites, Facebook, Reddit etc. Their sheer numbers in this fast-growing movement gives them enough firepower to warp a share price to levels that have forced the likes of Melvin Capital to cover their shorts at great loss […]
G10 Macro Rates Market Analysis – Weekly Review – 18th January 2021
2 minutes read timeIn Europe, infection rates rolling over gave a glimmer of hope to those suffering under the latest lockdowns. However, the political landscape is changing, with the Netherlands government resigning after a fraud scandal, and the Italian governing coalition fracturing. Meanwhile the ruling party of Germanys CDU elected a Merkel substitute (Armin Laschet) to carry the […]
G10 Macro Rates Market Analysis – Weekly Review – 11th January 2021
2 minutes read timeSince the New year, markets have been in a positive mood with UST yields increasing by more than 20bp, and through the 1% barrier. This positive outlook has been driven by the expected economic impact from an increased number of vaccines. December’s US jobs data was weak but upward revisions to the previous months’ numbers […]
PAM hires G10 rates, relative value macro team
2 minutes read timePacific Asset Management (PAM), the asset management arm of Sir John Beckwith’s Pacific Investments Group, has announced that it has hired the former Aberdeen Standard Investments’ G10 macro rates team. As featured in: Investment Week Citywire Selector International Adviser The investment team will be led by highly experienced investment managers Shayne Dunlap and Dr Richard […]
