Monthly Archives: July 2023

We come into a new month with the marquee US non-farm payrolls report the highlight in another jam-packed week of risk events. The Bank of England and the RBA rate decisions are finely poised, megacap tech earnings will be front and centre with Amazon and Apple reporting, while PMI data will grab the attention in […]

Headlines * Yen rebounds as BoJ to guide yield curve control with “greater flexibility” * ECB’s Lagarde is preparing Europe for a hit to growth as the US soars * Gold prices brace for biggest weekly decline in five on strong data * Asia markets mostly lower as BoJ adjusts stance on YCC FX: USD […]

Headlines * FOMC hikes by 25bps to 22-year high, staff no longer forecast recession * ECB to hike rates but keep options open for September * USD on back foot, gold hovers near one-week high after Powell’s statement * Asia markets rise after Fed hikes as expected, Japan eyed FX: USD is down for a […]

Headlines * Fed poised for hike, unlikely to signal further action past July * Alphabet jumps as profit beat estimates, Microsoft lower on Azure slowdown * Dollar drops off two-week high, gold perks up above $1959 * Asia stocks mixed as caution prevails heading into FOMC decision FX: USD gave back some recent gains after […]

Headlines * BoJ to stick with easing as markets see clock ticking on YCC * Euro staggers with trades wary of hawkish ECB, dollar gains * Alphabet, Microsoft and LVMH all report earnings after the closes * Asia stocks gain as investors cheer China’s Politburo message FX: USD advanced for a fifth straight day. This […]

In consideration of the upcoming exchange offer launched by Johnson & Johnson (JNJ), the following adjustment will be made for JNJ from 17 August 2023 until further notice: