Olivier Desbarres·Apr 1, 2022Political data point to Macron winning French presidential election — question is by what marginFive years ago we wrote a comprehensive four-part guide to the 2017 French Presidential (and legislative) elections. It allied a…
Olivier Desbarres·Feb 8, 2022Fed hikes not immune from equity collapseThe Fed is widely expected to hike its policy rate 25bp to 0.25–0.50% (its first since December 2018) at its meeting on 16th March, by…
Olivier Desbarres·Jan 28, 2022Japanese Yen — Myths and realitiesThe Yen depreciated about 13% versus the US Dollar between 5th January 2021 (a 9-month high) — and 4th January 2022 (a 4-year low) but has…
Olivier Desbarres·Jan 25, 2022United Kingdom: Inflation without benefitsConsumer demand in the United Kingdom remains modest, which we attribute to a combination of factors. These include still curtailed…
Olivier Desbarres·Jan 21, 2022Light at the end of long Eurozone tunnel?The number of new daily cases of Covid-19 has remained at or near record-highs in most Eurozone countries, including Germany, France, Italy…
Olivier Desbarres·Jan 12, 2022US: High inflation, rising yields, repeatThe US Bureau of Labor Statistics will release US CPI-inflation data for December today at 13.30 London time.
Olivier Desbarres·Dec 14, 20212021’s last (major) roll of the data and policy diceMarkets’ focus has in the past three weeks understandably been on the Omicron variant and the reaction function, present and future, of…
Olivier Desbarres·Dec 9, 2021Don’t forget DeltaOur last FIRMS report was entitled FX round-up — Calm before the next storm (18th November 2021) and less than a week later a storm hit…
Olivier Desbarres·Nov 18, 2021FX round-up — Calm before the next stormThe spike in US Treasury yield volatility last week, following the release of gangbuster US CPI-inflation data for October, partly fed…
Olivier Desbarres·Nov 12, 2021Fed and US corporates in tussle over inflationThe release of record-busting US CPI-inflation data for October has seriously dented the Federal Reserve’s long-standing argument that high…
