Epaphroditus

EU mid-market update: China swings anti-trust hammer at Nvidia, knocks stock down 2%; Fitch sovereign downgrade on France fails to impact French assets. Notes/observations - French assets unfazed by Fitch downgrade that cut its rating to A+ from AA-, citing high debt, weak fiscal record and 2025 def

So its turns out that President Trump was probably right. Yesterday’s BLS revisions have confirmed suspicions that the US jobs market is in a much worse state than markets were initially led to believe, which means that the Fed is now almost certainly behind the curve in lowering rates. The question

The Aussie Dollar appreciates further against a weaker US Dollar ahead of the US Payrolls release.Weak employment data seen earlier in the week and dovish Fedspeak are adding weight on the US Dollar.In Australia, upbeat Trade Balance numbers heightened expectations that the RBA will stand pat in Sep

Seasonal scaries be damned But if truth be told, stock markets rose as the global bond market rout fizzled out, and everything else simply fell into place. September’s so-called seasonal scaries barely made a dent as the S&P 500 punched through to fresh all-time highs, a move that left even hard

Summary The large widening in the trade balance can mostly be traced to just two import categories: nonmonetary gold and computers. While this may again partially reflect businesses pulling forward demand ahead of hiked tariff rates, it also reflects monthly volatility as well as a budding transitio

USD/CAD snaps a four-day losing streak, rebounding modestly as the Canadian Dollar weakens.The US Dollar stabilizes after dipping to a five-week low as thin liquidity prevails with the US and Canada on a bank holiday.The broader sentiment toward the Greenback remains fragile amid concerns about trad

USD/CAD edges up as the US Dollar holds ground despite Fed Cook’s termination by US President Trump.Fed’s Cook decided to file a lawsuit to defend her termination.Investors await US-Canada trade talks and Canadian GDP data. The USD/CAD pair edges higher to near 1.3850 during the late Asian trading s