With talks of the stimulus package doing the rounds, EM’s are charging ahead as a definite yield play would come into effect once the package’s size is announced.
There are two factors at the moment at play with the US dollar. The first is whether the US will pass the $ 1.9 trillion stimulus package (or some form of it). The supposed effect that it will have
The current hot topic is the “short squeezing” of retail investors in the equity and commodity space. So far, we have not seen a lot of contagion into the FX market, but the longer it c
The first month flew by and who said that 2021 would be the same as 2020. While the central market themes the US dollar and any news on the COVID vaccine are still the same, some new elements have
It seems that the short term could be ripe for riskier assets as the stimulus package will most likely be pushed through Congress.
Currently, in the market, we detect a bit of a strange phenomenon. The US dollar is on the front foot, but the US dollar move hasn’t caused a significant shift in the EM space with the Rand h
With all this commotion we have seen the US dollar on the front foot and US treasury Yield above 1%, suggesting that investors still believe that the rest of the world is worse off than the US, whi
This week’s most important data will be the US non-farm payroll number that will be released on Friday with the number expected to print at 100,000 new jobs in December.
What the COVID pandemic has done this year has been unprecedented, and with second waves hitting across the globe 2021 could also be uncharted territory.
As we head into the last couple of weeks of 2020, there will be no let-up in economic data or activity that the market can digest to give us some new direction in the market.