The Week Ahead: Markets Eye Inflation Data, Fed Minutes and War Risks
However, uncertainty remains elevated. Mixed messaging around the duration of military operations and unresolved risks tied to the…
First Light News – A Tale of Two Labour Markets: Headline Strength Masks Underlying Weakness
The large revisions help rationalise the lacklustre market reaction following the announcement. Take the USD/JPY, for example. We…
Can the AI Bubble Survive 2026 Credit Tightening and Reality Checks?
OpenAI, valued at $500 billion, expects $13 billion in revenue and a $5 billion loss in 2025. It…
UK, Japan Budgets; Wary US Consumers
Chancellor of the Exchequer Rachel Reeves did enough in the UK budget to help her and Prime Minister…
First Light News: Delayed US Data and Fed Uncertainty Pressure Risk Assets
Stateside, the USD ended the session on the ropes. Technically, I see little in the way of support…
First Light News: US Government Reopens, Data to Return, and Australia Jobs Surprise
In terms of Fed rate-cut expectations, we have seen a moderate hawkish repricing, with 13 bps of easing…
The Week Ahead: Traders Await Fed Decision and Mega-Cap Earnings Reports
The rally marked the third consecutive weekly gain, supported by cooler September inflation that likely clears the way…
Jobs Shock Triggers Selloff, Fed Cut Odds Surge Ahead of September Decision
Daily Apple Inc Rate cut odds for September jumped from 40% to 75.5% following the report. Even strong…