Eiger Launches Multi-Factor Authentication (MFA) Solution
London Eiger Trading Advisors Limited (‘Eiger’), a leading financial technology company specialising in commodity Murabaha trade facilitation and execution services, are delighted to announce the launch of Multi-Factor Authentication for users of the Eiger Trading Platform. Customer trust is our highest priority at Eiger. The global threat landscape is constantly evolving, and the types of […]
Will the demise of a US bank cause FED to rethink?
Another important week this one as we have US inflation data and retail sales, additionally we have the ECB expected to raise rates. Last week’s news was mixed as Non-Farm payrolls showed an unexpected increase in hirings, although the unemployment rate increased. But this data was over shadowed by the failure of Silicon Valley Bank […]
World growth stagnates but rates do not
This is a pretty important week data wise and will probably set the tone for the next quarter. Chinese set economic growth at 5% over the weekend which was a disappointment and commodity markets are opening a little weaker on Monday morning. However we do have a lot to digest over the week with FED […]
Interest rates higher for longer , Part 2
Various European nations declare inflation and as that’s the issue on most market players minds it will be important. The ECB is regarded as being late to the rate rising party but is trying to catch up and overall the ECB is now the most hawkish so another higher reading in inflation will build pressure […]
Mood changes towards US rates
Market had been getting complacent about a soft landing for the USA (and the world economy in general) and a view that the US rate rising cycle was slowing… however the data from last week at least muted those views. Americans signing on for unemployment benefits dropped unexpectedly last month and followed a much higher […]
Three central bank decisions, all to rise by 50 basis points?
While last week lacked in data, this week has significant data from the US; Non Farm Payrolls, and three central banks decisions, as well as an end to Chinese lockdowns, so volatility is likely to return. The slowdown in the inflation rate in the US has given rise to hopes that Wednesday will see only […]
Short on data, short on dollars
After last weeks data headline driven week this one is notable for the lack of data, its also marked by Chinese New Year which generally has the effect of muting markets especially in the commodities sphere. The result of the inflation laden week last is that the market now believes the rate rises in the […]
Inflation peaked?
We have an inflation data laden week and a lot of speakers from various Central Banks. We also have a slew of market information from the Chinese; which may explain the rather sudden change of heart towards COVID. The past week has shown a recovery in risk assets, particularly the stock markets for multiple reasons: […]
Rates all rise but economies stutter
Rates rose across the board from USA, UK, Europe and Australia as expected and although a relatively quiet market with holidays coming up and year end we do have the FED’s favoured inflation indicator in the PCE at the end of the week and the market sees it lower with inflation muting. The FED reiterated […]
Rates rises expectations aplenty but pace is muting
Likely to be busy markets with consumer inflation figures from Germany, UK and USA this week allied to BoE, ECB and FED rate decisions all of which are expected to see rises. The US CPI is expected to see a moderation to 7.3% which in turn may be influencing the size of the expected rate […]