More tail chasing in the markets

By Jeffrey Halley        Wall Street did another U-turn overnight, finishing lower as the dearth of tier-1 data and the pre-FOMC media blackout left the FOMO gnomes chasing their tails once again. Wall

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Bear market rally back on?

By Jeffrey Halley       Last Friday’s Wall Street price action was enough to spark risk sentiment rallies on forex markets, led by the usual suspects, the Euro and the Australian Dollar, although not

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Fed may go straight to ludicrous speed

By Moody’s Analytics The June U.S. consumer price index has financial markets increasing their bets on a 100-basis point rate hike at the upcoming meeting of the Federal Open Market Committee. The

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When a plan doesn’t come together

By Jeffrey Halley      Markets in Europe and early New York went “hold my beer” and went into “the Fed is going to hike by one percent, we’re all doomed” mode. The negativity

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Bad medicine is what I need

By Jeffrey Halley      Central banks have gone full Bon Jovi handing out some monetary policy bad medicine over the past 24 hours, as the fight against inflation permeates even the most ardent

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