Daily Macro markets update 21/01/2025
📊 Market Report. 🏛️ President Donald Trump was sworn in for his second term, vowing to reverse America’s “horrible betrayal” and usher in a “golden age” by taking on the “radical and corrupt establishment.” 📜 Trump has signed executive orders to temporarily halt a ban on TikTok, study tariff policies, declare a national emergency at […]
Daily Macro markets update 20/01/2025
📊 Market Report. 🗣 While the general opinion is still trying to brand Trump as a scentric madman and tyrant. Yesterday, Donald Trump told a crowd that in a gesture of government transparency, he will release the remaining classified files on the assassination of JFK, his brother Robert Kennedy, and Martin Luther King. 📲 TikTok […]
Daily Macro markets update 17/01/2025
📈 Market Report: 💬 The Fed is trying to convince traders that it will continue to cut rates. Federal Reserve Governor Christopher Waller said inflation is likely to continue easing, which could allow the Fed to cut interest rates sooner and faster than expected. The Fed is trying to reconcile strong economic data with the […]
Daily Macro markets update 16/01/2025
📊 Market Report. 📈 Yesterday’s inflation data came out in line with expectations, even core inflation slightly below expectations. The US consumer price index (CPI) rose by 0.4% in December, the highest in nine months, driven by higher energy costs. The 12-month CPI advanced 2.9%, the largest rise since July. However, there were some hopeful […]
Daily Macro markets update 15/01/2025
📈 Market View: 📉 The US PPI released yesterday showed some weakness. The monthly PPI came in at 0.2% versus an expected 0.4% for the month of December. This would reduce the pressure on possible upward inflation, as the producer price index is considered to be an ante room to inflation data. 📅 Fortunately, today […]
Daily Macro markets update 14/01/2025
📊 Market Report. 📉 Markets are nervously awaiting the US inflation data on Wednesday. The prospect of successive rate cuts that kept markets motivated seems to be fading. 📺 At ATFX we have produced a special video report on Friday’s US data, giving a surprisingly strong labour market, as we forecast, and predicting that the […]
Daily Macro markets update 13/01/2025
📊 Market Report: 🔮 In our last report, we wrote a scenario that seems to have come true almost like a prophecy. The three factors that we pointed to as indications that labour market data would be strong have been confirmed. The US bond has made a significant advance, taking the yield on the 10 […]
Daily Macro markets update 10/01/2025
📈 Market Report. 🕒 The market is nervously awaiting today’s US employment data. According to Reuters median projections, the unemployment rate is expected to remain at 4.2% in December, while employment is expected to increase by 160,000. However, three factors are driving fears that an overly strong labour market will hold back the Fed’s rate […]
Daily Macro markets update 09/01/2025
📉 Market Report. 🇬🇧 British government bond prices fell sharply for a second day, pushing 10-year yields to their highest since August 2008 and 30-year yields to a new 26-year high. Sterling tumbled more than 1.2% against the U.S. dollar, hitting its lowest level since April. The rise in yields reflects reduced expectations of Bank […]
Daily Macro markets update 08/01/2025
📈 Market Report. 📉 According to Reuters, markets expect cuts of 99 bp for Europe in 2025, while in the case of the US, the cut is estimated to be only 37.5 bp. Here is the bearish EURUSD relationship that we have been announcing for months. Now this data confirms our suspicions. 📊 Benchmark 10-year […]