Recap

The U.S. dollar got its shine back this week, leveling up off of fresh U.S. inflation data pointing inflation rates picking up the pace in February. Overall, FX outcomes did show a slight risk-off lean, but the usual correlations weren’t…

Over the weekend we got the news that OPEC+ will extend the voluntary output cuts for another quarter. Saudi Arabia will extend its voluntary cut of 1 million bpd through the end of June as well with cuts to be reversed 'gradually',…

ECB’s Lagarde (neutral – voter) reaffirmed her patience stance with the usual focus on wage growth:We are not there yet on inflation.We have to get to 2% inflation sustainably.ECB must play its role in climate…

Over the weekend the PBoC left the MLF rate unchanged at 2.50% as expected.PBoCThe New Zealand Services PMI jumped back into expansion in January:Services PMI 52.1 vs. 48.8 prior.New Zealand Services PMIThe Canadian January PPI came in line…

TL;DR Bitcoin experienced significant price fluctuations in the past few days, soaring to nearly $53,000 before dipping below $51,000, with predictions of future increases based on on-chain metrics and the upcoming…

Market correlations seemed to be in flux for the most part of the week, as different factors came in play for currencies, equities, and commodities. Pushback on policy easing by a handful of major central banks spurred…

It was another busy week for the global markets as traders faced top tier economic updates from all over and major central bank events.  The Fed arguably took the spotlight this week as Chairman Powell and his team…

TL;DR Bitcoin (BTC) Price Swings: Bitcoin experienced notable price fluctuations, rising from around $42,000 to nearly $44,000, then dropping back. Solana (SOL) Market Activity: Solana’s SOL also showed volatility,…

Global markets had a topsy-turvy run this week due to a busy news calendar, mainly on Chinese stimulus developments, earnings data, and major central banks' decisions. Weekend headlines on geopolitical tensions greeted market…

The PBoC left the LPR rates unchanged as expected:3.45% for the one year.4.20% for the five year.PBoCThe US Leading Economic Index (LEI) fell by less than expected:LEI -0.1% vs. -0.3% expected and -0.5% prior.From the Conference Board:…