Ashraf Laidi

by Adam Button Markets are cheering the biggest daily decline in US bond yields in over a week ahead of the 3-yr auction. One way to understand the current set of market moves is by envisioning two...

by Adam Button The broader market is struggling with weather to interpret rising yields as a sign of economic improvement, inflation or dislocation in the bond market. On Thursday, an ugly rise in...

by Adam Button We couldn't read an article or watch financial TV for any stretch on Tuesday without hearing the worlds 'inflation' and 'reflation' but the Fed continues to preach that they will look...

USD weakness extended anew as the ECB leaned towards guarded optimism in Thursday's meeting. ECB policy makers continue to be more pre-occupied with the deflationary obstacles to recovery. Earlier...

by Adam Button The dollar lagged again Wednesday despite a risk-averse tone while the kiwi led the way. A wave of US economic data ahead of the holiday highlighted several continuing trends, which we...

by Adam Button Indices are caught between the threat of surging cases (and deaths) prompting new lockdowns in the US (a risk-off event but positive for stay-at-home NASDAQ), and on the cusp of more...

By Adam Button The combination of resurfacing lockdowns and profit downgrades from once-safe haven companies cast a quick and vicious selloff on global indices. Fresh lockdowns in Italy and Spain...

By Adam Button Markets soured on the prospects for a US stimulus deal to start the week but that's not the only thing to consider. The Swiss franc was the top performer while the Australian dollar...

Adam Button Technology stocks are increasingly the tail that wags the dog in broader markets and that led to a wild ride on Monday. The euro started the week as the top performer while sterling...

By Adam Button Florida grabbed headlines to start the week with a 15,300 new cases; that's the highest of any state since the pandemic began. But below the surface there are signs of optimism. See our...