December 16, 2020

The Bank of England left rates unchanged, at 5%, holding at the rate at the level the Fed has just cut rates to. The big

The Fed cut rates an aggressive 50 basis points. The cycle has well and truly turned, and markets were relieved. This is long awaited relief

Markets are now focused on the Fed and the beginning of a new interest rate cycle. The FOMC meet today and are expected to announce

Markets look ahead to a huge week, dominated by Central Bank rate decisions, led out by the Fed. The Fed are expected to begin to

Markets closed out the week strongly, with equities surging and the US Dollar easing, as confidence returns. The focus has been on inflation and interest

The ECB cut rates to 3.5%, from 3.75%, in line with expectations. Inflation crept higher, with the CPI rising to 2.3%, within the Eurozone. This

US inflation dipped to 2.5% p.a., in line with expectations, green-lighting the Fed to begin the rate cut cycle. The subdued inflation rate remains above

European equity markets dipped lower, dragged down by German Automakers, while US markets consolidated early week gains. German CPI inflation came down to 1.9%, in

Markets rebounded in a recovery rally, to open the new trading week, following heavy losses suffered on equity markets the previous week. Fears over the

The important Non-Farm Payrolls missed expectations, and the equity markets took this as a bad sign, with equities selling off sharply, to end a bad