Adam Cole
Adam Cole
Austin Jenkins is an American professional wrestler, better known by his ring name Adam Cole. He works for Ring of Honor, where he is a former one-time ROH World Champion and one-time ROH World Television Champion...
ProfessionWrestler
Date of Birth5 July 1989
CityLancaster, PA
balance cause likely margin move negative next rate rates report retail risks sales
The retail sales report makes it more likely at the margin to cause rate cuts. The balance of risks is that the next BOE rates move is lower, which would be negative for sterling.
aversion dollar issue market moment problems resulting risk seems spill trading
At the moment it seems like a pretty ring-fenced issue and it doesn't look like it's going to spill over into the market at large, but any risk aversion resulting from problems with trading would be dollar negative.
case deficit dollar focus interest looking market negatives rate rather risk structural swing worse
The risk is that the deficit is rather worse than the market is looking for and if that's the case it may swing the focus back to structural dollar negatives and away from the interest rate focus.
building certainly looking risks
Looking two years down the line, there are certainly some risks building up,
cycle fed interest market pauses peak rate risk seeing
The market is increasingly seeing a risk that the Fed pauses in its rate cycle -- not only that but also the peak in the interest cycle will be considerably lower.
building election euro market premium risk
The market is building in a risk premium because of the uncertainty surrounding the election -- once we get that out of the way, all other things being equal, the euro will probably bounce.
general risk theme
The general theme is one of risk aversion,
against dollar gains less notable
It's notable that CAD has participated less in the gains against the U.S. dollar than most currencies have seen.
bit general
It's just a bit of profit-taking and general nervousness.
against economic healthy higher inflation itself limited otherwise quickly relatively resolve
It's relatively limited at the moment, but if this does not resolve itself quickly there could be a very undesirable effect. Inflation is going to be higher than it would otherwise, against an otherwise healthy economic picture.
dynamics expected favorable five four interest last rate
The interest rate dynamics have been favorable and the indicators have been better than expected over the last four or five weeks.
change delay excess interest material meeting might months policy shift target three withdraw zero
Even if they don't change at this week's meeting the delay is only one month. It will take three months to withdraw excess liquidity before they can target zero interest rates. So the policy shift might not have a material impact.
bad domestic news next reverse
Even if these (falls) reverse partially next month, this is very bad news on domestic demand.
ahead changes data friday likely news short term unless view
Consolidation ahead of payrolls on Friday is likely to be the story in the short term unless we get any news in today's (service sector) data that changes the view on the payrolls.