Crude oil gave up some ground today after making a 2-week peak on Friday. The WTI futures contract has traded under US$ 79 bbl while the Brent contract is approaching US$ 85.50 bbl. Concerns around another hot US inflation figure on Tuesday have led to speculation that the Federal Reserve might need to be more...Read More

The US dollar is slightly weaker across the board today with more significant declines against the Aussie and the Kiwi. The dip comes after a solid rally going into the New York close. the greenback was supported by a change in perceptions of where the federal funds peak might be. Overnight saw four Fed speakers...Read More

Seasonal norms won out this past week, which is incredible considering the threat of an impending recession grew considerably more tangible and market complacency has pushed to blatantly extreme levels. Looking back at the performance of the various benchmark risk assets that I monitor for a global perspective, it was clear that the bid wasn’t...Read More