Our new podcast series to help small to medium sized businesses make sense of current market movements.
https://soundcloud.com/user-296808282/fx-and-your-business
In this week’s podcast, Phin Ziebell is joined by our Head of FX Strategy, Ray Attrill and Perth-based Senior Markets Manager, Jonathon Cross.
Ray discusses:
Jonathan shares insights on our mining client activity in WA against the backdrop of the extraordinary strength in iron ore prices.
After what has been a solid month for equities and bond investors, month end flows have probably play their part in the price action overnight, US equities have lost momentum, UST have led a rise in core global bond yields and the USD is stronger. US and European inflation releases favoured the notion the Fed and ECB are done with their respective tightening cycles.
Bond markets have been supported by some market-friendly data and while Fed speakers were again mixed, it was the more dovish remarks that captured attention.
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