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When the U.S. Dollar broke out to new highs last year, it looked like nothing could stop the greenback. And the headwind of a strengthening dollar made it difficult for precious metals like gold...
Conviction (kan-vik-shan): noun, a strong persuasion or belief; the state of being convinced.In life, there are things that we should be convicted and committed to. For example, the love for our...
We assess this year's market themes against our 2023 outlook calls. Rates remain range-bound, and curves have only steepened moderately, but rates differentials keep narrowing. We expect little...
Brazilian President Lula recently asked the following questions:‘’Every night I ask myself why should every country have to be tied to the US Dollar for...
FX markets continue to be buffeted by opposing forces and are struggling to define short-term trends. Despite some positive Chinese activity data, Asian currencies are not rallying, suggesting that...
For those who may not remember the action we experienced in the metals market back in the summer of 2011, the market was going parabolic at the time, with some days seeing $50 increases. And the only...
As the Fed tightens monetary policy, a banking crisis is historically the first evidence that something was breaking. As noted recently in “Not QE,” “Last week, amid a rash of bank...
The Federal Reserve lifted rates by 0.25% amid banking turmoil and signalled at least one more hike this year. Fed Chair Jerome Powell also said rate cuts were currently not in the central bank's...
Gold and silver have had a great month so far. With risk appetite improving noticeably in the last week or so, silver, which is more of a risk-sensitive commodity, has outperformed the yellow...
Concerns over the banking sector have led to a move towards safe haven assets and gold has clearly benefited from this. While we see a short-term pullback in prices, we expect these to strengthen over...
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