Ian Stannard
Ian Stannard
Ian Stannardis an English track and road racing cyclist for UCI ProTour team Team Sky...
behind dollar driving financial flows force hence main market months portfolio summer support
Portfolio flows had been the main driving force behind dollar strength. During the summer months we see a slowdown in financial market activity, and this reduces the flows into the U.S. and hence reduces support for the dollar.
behind dollar driving financial flows force hence main market months portfolio summer support
Portfolio flows had been the main driving force behind dollar strength, ... During the summer months we see a slowdown in financial market activity, and this reduces the flows into the U.S. and hence reduces support for the dollar.
auction bond dollar foreign level market renewed thus
Expectations in the bond market have been high, thus any disappointment over the auction (particularly with the level of foreign participation) could put the dollar under renewed pressure.
dollar failure market meet peak perception putting rates reinforce renewed
Failure to meet market expectations here will reinforce the market perception that the peak in US rates is clear, putting the dollar under renewed pressure.
bit correction market overnight points quite stronger
It's just a little bit of a correction on the yen front. The Nikkei (stock market average) was down quite sharply overnight but everything points to a stronger yen still developing.
extremely hike looking looks main market meeting next rate strong time
The PCE deflator will be extremely important today. The market looks at this very much as one of Fed's main indicators. If it's strong the market will not only be looking for a rate hike at this meeting but next time around as well.
extremely hike looking market meeting next rate strong time
The PCE deflator will be extremely important today. If it's strong the market will not only be looking for a rate hike at this meeting but next time around as well.
assets coming data market months performing period quite softness
During that (November) period the U.S. assets market was performing quite strongly. But I think in the coming months we are going to see some softness in that data as well.
continue inflation market peak quite rates soft
If we see inflation to continue to come in on the soft side, then the market will intensify its speculation that the peak in U.S. rates is quite close.
concerned fed interest market possible rate whether
The market is still concerned about the interest rate and whether the Fed is on a possible pause.
dollar further hikes looking market rate supported
The market is now looking for some further rate hikes in the U.S. and that is going to keep the dollar supported in the near-term.
assuming couple decline euro hiking market next open rates
The market is assuming that the ECB won't be hiking rates in the next couple of months. The way is open for the euro to decline further.
both dollar negative potential provide
Both have the potential to provide dollar with negative surprises.
carry central drained driver excess global next year
We think next year will be a very different story as excess global liquidity, the driver for carry trades, is drained by central banks.