Latest market insights from our Industry Partners, sharing their extensive sector expertise with our users.
Markets continued their risk-on squeeze thanks to softer labour conditions from ADP (152k vs 175k) and softer US Services PMI employment components. Survey respondents noted “adjustments to our employment level,…
Yesterday (June 3rd), the U.S. Manufacturing PMI recorded a reading of 48.7, which was below expectations and the previous value. Additionally, the Atlanta Federal Reserve’s GDPNow model revised down its…
Last week’s data releases spurred quite a bit of macro re-thinking, with US data exceptionalism finally come back down to early in Q1 (GDP revised down, consumption lower), while global…
Yesterday (28 May), Minneapolis Fed President Kashkari made a hawkish statement: Although the likelihood of a rate hike is very low, he does not think it can be ruled out,…
Last week saw the continuation of what many are calling a ‘one-pillar’ market, with Nvidia almost single-handedly holding the markets up, while sticky PMI, inflation expectations, and a decidedly more…