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GBP in freefall as BoE raise rates but warn of possible recession
Good morning Obviously the main news is the sharp sell-off in GBP following yesterdays rate rise by the Bank of England. There had been...
revansfx
May 6, 20222 min read
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Fed raise 50bps, now eyes on BoE
Good morning US Fed did raise rates 50bps yesterday, the largest such raise since 2000. Two further 50bps rate rises are on the agenda,...
revansfx
May 5, 20223 min read
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Will the Fed offer a hawkish surprise?
Good morning I know its childish but today just makes me smile. I wouldn’t call myself a super fan but I do enjoy Star Wars and if i...
revansfx
May 4, 20223 min read
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RBA lift rates ahead of BoE and Fed meetings this week
Good morning Welcome back after the bank holiday weekend. I hope you all had the chance to enjoy some of the sunshine on offer. RBA...
revansfx
May 3, 20222 min read
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US Dollar continues to rise, GBP stays under pressure
Good morning The US dollar remains bid, renewed buying in early London trading sees USD making fresh highs against the likes of EUR and...
revansfx
Apr 27, 20222 min read
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A bit of doom and gloom this morning
Good morning The world feels in a very bad place right now. It shouldn’t. In the UK we seem to have dealt with the Covid pandemic well...
revansfx
Apr 26, 20223 min read
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GBP losses continue as USD gains
Good morning The US dollar continues to pile higher, EURUSD now down to 1.0725 and GBPUSD down to 1.2740. Macrons win in the French...
revansfx
Apr 25, 20222 min read
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GBP falls on weak data
Good morning GBP has had a shift lower this morning after weak confidence data overnight and disappointing retail sales numbers this...
revansfx
Apr 22, 20223 min read
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Netflix shares fall over 35% on low subscriber numbers
Good morning First things to note is EUR and GBP both slightly higher, EURUSD 1.0915 and GBPUSD 1.3070, bringing EURGBP to 0.8350...
revansfx
Apr 21, 20223 min read
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China surprises by keeping LPR unchanged
Good morning The main market news is that China left its LPR rate unchanged at the PBoC meeting overnight. A rate cut was widely...
revansfx
Apr 20, 20222 min read
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Yen makes multi-year lows
Good morning US dollar started the week on a stronger footing, trading higher against most majors with GBPUSD dipping just below to...
revansfx
Apr 19, 20223 min read
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Inflation up, are 50bps rate rises the new normal?
Good morning US inflation yesterday hit 8.5%, higher than consensus, although the core CPI excluding food and energy came in a touch...
revansfx
Apr 13, 20223 min read
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US CPI set to hit 40 year highs
Good morning UK unemployment ticked down to 3.8% this morning, market reaction fairly muted although as I type GBPUS is a little lower at...
revansfx
Apr 12, 20222 min read
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Busy week ahead before the Easter holidays
Good morning GBP slipped after UK numbers this morning, GBPUSD is back up to pre-release levels around 1.3020 but is struggling a little...
revansfx
Apr 11, 20222 min read
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Markets looks for more aggressive tightening by Fed
Good morning The US dollar is having another push higher as the market continues to look at aggressive US rate rises, both Feds Evans and...
revansfx
Apr 8, 20222 min read
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USD higher on more hawkish talk
Good morning US dollar pushes higher, and US 10 year yields hit 2.6%, demand partly from safe haven buying but also from hawkish...
revansfx
Apr 6, 20222 min read
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AUD stronger after hawkish RBA
Good morning Going to have to keep it a little brief this morning as I’m off to an early shoulder session with the physio. I can hear...
revansfx
Apr 5, 20222 min read
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Well, that quarter went well.....
Good morning Well here we are at the end of Q1 2022. We had started the year with some optimism, particularly as Omicron hadn’t been as...
revansfx
Mar 31, 20223 min read
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Too early to know Russia's intentions
Good morning The Euro took advantage of some hopeful comments from Ukraine/Russia talks, EURUSD trading up from a low yesterday of 1.0975...
revansfx
Mar 30, 20222 min read
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Eyes on Ukraine/Russia peace talks
Good morning US equities had a good day with the S&P up 0.7% and Nasdaq up 1.3%, this coming despite the prospect of US interest rates...
revansfx
Mar 29, 20222 min read
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