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…
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…