FUNDAMENTAL ANALYSIS Comments from Fed officials this week including those from James Bullard and Neel Kashkari pushed expectations of faster monetary policy tightening even higher. The spread between Japanese and US bond yields continue to widen due to diverging monetary policies. The benchmark 10-year US yield hovered 3-year highs above 2.8%, while the Bank of...
FUNDAMENTAL ANALYSIS EUR - The ZEW Indicator of Economic Sentiment for the Euro Area fell further to -43 in April of 2022, from -38.7 in the prior month. It was the lowest reading since March of 2020, as the economic outlook is expected to worsen amid the adverse effects of the war in Ukraine. AUD - Energy prices have advanced as the Russia-Ukraine peace talks...