Ashraf Laidi

by Adam Button More strong jobless and PPI figures just came out from the US. The heavyweight battle between inflation and a temporary blip in prices truly got underway on Wednesday with a shockingly...

by Adam Button The harmony of message between the 8 Fed officials who spoke on Tuesday was remarkable in its consistency, even as pressure mounts. GBP was the top performer while the CHF...

by Adam Button The tech wreck made way for the Dow to join the selloff, after reusrging inflation signs lifted yields at the expense of NASDAQ and bond prices (higher yields). But yesterday's...

by Adam Button An ill-advised comment from the former Fed chair gave markets a taste of what's coming when US tapering and rate hikes begin. Although Yellen later rectified her comments (see below),...

by Adam Button Are supply shocks officially in? Monday's US ISM manufacturing report missed estimates but the reason why was more worrisome than the miss itself. US March factory orders rose 1.1%,...

By Adam Button Risk trades to a step back to end April but it was a strong month overall. We will have a look at May seasonal patterns. The Canadian dollar was the top performer last week while the...

by Adam Button Any illusions that the Federal Reserve would follow the Bank of Canada's lead were shot down by Powell as he preached patience. XAG, CAD and CHF are leading the gains versus USD, while...

by Adam Button If copper has a doctorate in economics then the prognosis is very good; it hit a 10-year high on Monday. Equally notable is Aussie's underperformance this month. US consumer confidence...

by Adam Button Just how strong will the economy be in 2021? Resilient through recent lockdowns combined with reopening exuberance are leading to upgrade after upgrade. EUR/USD had its first test of...

by Adam Button All market chatter is about Biden's taxes and their impact on shares and cryptos. But let's discuss that ECB decision first. The economic outlook is improving in Europe, yet you...