Friday, 02 May, 2025

BMO’s NFP Client survey: Bullish and Looking to Buy a Dip

The most relevant takeaway from this month’s pre-NFP client survey is that investors have a strong bias for lower rates in the near-term and are eager to buy a dip. 50% of respondents expect the next 15 bp in 10-year yields will be lower compared to the 42% average, matching last month’s 50% as the highest since July 2024. As an aside, this is the first time since summer 2008 that at least half of […] Read More

Tuesday, 25 March, 2025

Archr News Update

– Consumer confidence declined for a fourth consecutive month in March, falling below the relatively narrow range that had prevailed since 2022 – Views of current business conditions weakened to close to neutral. Consumers’ expectations were especially gloomy, with pessimism about future business conditions deepening and confidence about future employment prospects falling to a 12-year low. – Meanwhile, consumers’ optimism about future income—which had held up quite strongly in the past few months—largely vanished, suggesting […] Read More

Thursday, 13 March, 2025

Interesting on demand

CONSUMER: BofA Credit Card data showing DOGE cuts are weighing on spending in the DC area. However, the impact is localized for now. Notes: Travel-related spending has been weak in the BofA card data this year. Read More

Tuesday, 11 March, 2025

TRUMP SAYS HE’S INCREASING CANADA STEEL, ALUMINUM TARIFF TO 50%

*TRUMP TO DECLARE NATIONAL EMERGENCY ON ELECTRICITY *TRUMP CALLS ON CANADA TO DROP DAIRY TARIFFS *TRUMP: CANADA TARIFF DUE TO ELECTRICITY TARIFF *TRUMP: CANADA STEEL, ALUMINUM TARIFF GOES INTO EFFECT TOMORROW *TRUMP: 50% TARIFF ON CANADA STEEL, ALUMINUM Donald J. Trump: Based on Ontario, Canada, placing a 25% Tariff on “Electricity” coming into the United States, I have2025-03-11 14:06:15.154 GMT Donald J. Trump @realDonaldTrump Based on Ontario, Canada, placing a 25% Tariff on “Electricity” coming […] Read More

Tuesday, 11 March, 2025

Archr News Update

“I’m going to buy a brand new Tesla tomorrow morning as a show of confidence and support for Elon Musk, a truly great American. Why should he be punished for putting his tremendous skills to work in order to help MAKE AMERICA GREAT AGAIN???” President Trump writes in Truth Social post. Read More

Monday, 10 March, 2025

Archr News Update

(Bloomberg) — Germany’s Green party said it will reject a debt-financed package that would unleash hundreds of billions of euros in defense and infrastructure spending, denying a required two-thirds majority for a constitutional amendment. Read More

Monday, 10 March, 2025

Archr News Update

{US} {GB} {AU} ** A reminder that the clocks in the US went forward by one hour over the weekend. Therefore the CME floor will open at 12:20 GMT and the usual 13:30 data will come an hour earlier at 12:30 etc. CME Close is now 21:00 ASX close is now 20:00 This will be for 3 weeks until GMT moves to BST over the weekend of March 29/30. Aussie DLS ends 6th April. Read More