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Investment Bank Outlook

Emini SP500 4050 Target Hit, What Next?

Emini SP500 Weekly Tarde Set UpAnalysts at Goldman Sachs note 'CTAs are now long $53bn of global equities but, short $10bn US equities – with SX5E positioning at 94th percentile, DAX 82nd, UKX...

Investment Bank Outlook 04-10-2022

BNY MellonRBNZ Might Run Out of RoomThe Reserve Bank of New Zealand is expected to hike its policy rate by another 50bp this week, but the market has long since given up on using the NZD as one of the...

Investment Bank Outlook 03-10-2022

BNY MellonIs Anybody Paying Attention?With markets' attention focused on events in the UK, we wonder if global central banks' fight against inflation is being overlooked. Friday’s release of the US...

Investment Bank Outlook 30-09-2022

BNY MellonBrazilian Elections: Expect The UnexpectedThe first round of Brazil's presidential election takes place this Sunday, Oct. 2. Contrary to what is priced, we believe the likelihood of...

Investment Bank Outlook 29-09-2022

BNY MellonBOE: Avoiding UK Mortgage MayhemThe Bank of England went to great lengths Wednesday to stress that its intervention in Gilt markets is purely a financial-stability-related operation. The...

Investment Bank Outlook 28-09-2022

BNY MellonReserve Import Cover Shows VulnerabilityAlthough August macro data for APAC countries in general showed continued deterioration, one relative bright spot was tentative signs of stabilization...

Investment Bank Outlook 27-09-2022

BNY MellonClosing The UK’s Credibility GapIt is abundantly clear that markets do not view the UK Chancellor’s budget plans as credible. While market participants will remain on guard for potential...

Investment Bank Outlook 26-09-2022

BNY MellonThe Message Gets Through, FinallyThe FOMC last week finally broke the spell markets had been under, leaving them now spooked by the prospect of the 'pain' that Chair Powell has warned is the...

Investment Bank Outlook 23-09-2022

BNY MellonHedge Funds Search For ValueOver the past week, we met with many long-only and leveraged investors in London and Cape Town. Several highlighted the chaotic nature of markets, with no clear...