Weekly Review. Continued US / IRAN escalation caused the price of oil to rise during the week starting Monday 30 July, Yields followed oil higher and the overall mood was particularly sour. As has been the case recently, the currencies once again didn't conform to standard 'risk off' correlation.
Weekly Review Not for the first time this year, opposing forces battled it out during the week starting Monday 13 July. Two benign US inflation metrics providing the good news. A rise in the price of oil, caused by a re-escalation between the US and Iran, plus a semi conductor '
Monday 13 July: CPI in focus. Anxiety is in the air due to continued Middle East 're-escalation'. Although it is yet to transpire into a full blown 'risk off environment'. I'm particularly intrigued as to the continued CHF weakness. Its very strange to see the franc so weak in
Weekly Review There was a couple of events of note during the week starting Monday 6 July. But all in all, it felt like the market was waiting for the outcome of the upcoming US CPI data before forming any decisive opinions. Just when it appeared we were heading to a peaceful
Weekly Review I think it's fair to say the week starting Monday 29 June isn't going to be one to stick in the memory. The week began quietly and just never really got going. The market didn't seem to want to get it's teeth