Monday, 07 February, 2022

Fed and ECB still behind the inflation curve

FT – Fed and ECB still behind the inflation curve   Central banks risk a pile-up of monetary policy tightening as inflation expectations become more embedded   MOHAMED EL-ERIAN   https://www.ft.com/content/79de1ec9-2249-4757-a744-10cea1afe5e5?desktop=true&segmentId=d8d3e364-5197-20eb-17cf-2437841d178a#myft:notification:instant-email:content   In the past two weeks, a much brighter light has been shone on how and why the world’s most influential central banks are scrambling to regain control of the inflation narrative and contain further damage to their policy credibility.   The key message […] Read More

Friday, 04 February, 2022

US JOBS DATA:

US JOBS DATA: – NFP +467k is a strong number after ADP headfake – Avg Hourly Earnings: moving higher on MoM and YoY basis – Unemployment increased more than expected but Under Employment (U6) edged lower. – Participation higher than expected. … Data enough to reinforce Fed hawkish bias, US rates @ 1.873% and Real Rates moving higher with a DXY rebound. ——————————————————————————-This message may contain confidential or privileged information. If you are notthe intended recipient, please advise us immediately and delete this message.The unauthorised use, disclosure, distribution and/or copying of this e-mail orany information it contains is prohibited.This information is not, and should not be construed as, a recommendation,solicitation or offer to buy or sell any securities or related financialproducts. This information does not constitute investment advice, does notconstitute a personal recommendation and has been prepared without regard tothe individual financial circumstances, needs or objectives of persons whoreceive it. Read More