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Global Liquidity Crisis ?
Last week, the Federal Reserve decided to reduce the quantitative tightening and the Bank of Japan continues to support bond operations....
Sameer Kalra
Mar 25

The Fed Error in the Making ?
Last week's FOMC meeting resulted in a reduction in the GDP forecast and an increase in inflation, with some level of increase in...
Sameer Kalra
Mar 24

Recession Scenario : Horror of 1973-75
Assuming that a recession is likely to occur in the near future as a result of policy changes, the important question is what impact it...
Sameer Kalra
Mar 18

A Recession ? We are fine with it
Over the past few days, officials within the US administration, including President Trump, have been saying there will be a period of...
Sameer Kalra
Mar 17

Oil Price Breakdown ? Recession ahead
Yesterday, OPEC+ decided to start reversing the 2.2 mn bbl/day cuts from April 2025. This is estimated to reduce the deficit by 0.9 mn...
Sameer Kalra
Mar 4

Gold : The Only thing Shining
Since October 2023, gold prices have increased 60% to $2900/oz. Ever since the first lockdown in 2020, central banks throughout the world...
Sameer Kalra
Feb 17

Inflation Spike Ahead ?
In the last six months, the US 10-year bond yield has risen to 4.8% from 3.8% despite a 1% rate cut during the period. At the same time,...
Sameer Kalra
Jan 13

The Fed vs President-elect : Warm Up
Last week was the final FOMC meeting of 2024, and volatility relating to expectations and actuals continued to be highest in recent...
Sameer Kalra
Dec 23, 2024

BoJ & Fed D-Days : Santa or Grinch ?
The next 48 hours are crucial as the Bank of Japan and the Federal Reserve meet to decide on the year-end interest rates. This year has...
Sameer Kalra
Dec 17, 2024

Central Banks at Crossroads
As this year comes near an end, central banks are closing the year by giving mixed commentary for the year ahead. This week is crucial as...
Sameer Kalra
Dec 16, 2024

The Fed Action had a stronger Reaction
Last week, the Federal Reserve surprised a lot of stakeholders by cutting rates by 50bps without a crisis going on. This move was...
Sameer Kalra
Sep 23, 2024

Global Bond Market at Inflection point ?
In the last two months, International Bond ETFs have witnessed a return of 6.5% similar to November- December 2023. The difference this...
Sameer Kalra
Sep 2, 2024

Powell gets a Hole in One
The last 72 hours have been another round of volatile events but this time one was positive and another negative with limited impact. The...
Sameer Kalra
Aug 26, 2024

Volatility Insanity Returns - Week 3
Today is the start of the third week since VIX spiked from 17 to 65 within 48 hours. But since then, certain changes in events have led...
Sameer Kalra
Aug 19, 2024

Volatility Insanity Returns
In last three trading sessions VIX has almost doubled from a low of 16 to high of 30. The crude oil OVX has increased from 28 to 40....
Sameer Kalra
Aug 5, 2024

East & West Central Banks Decision Time
This week might be the most anticipated in the Central Bank policy calendar as the Bank of Japan and Federal Reserve Bank meet on the...
Sameer Kalra
Jul 29, 2024

Elections,Central Banks & Gold : Part 3
It has been only three weeks since the betting market started to factor in President Biden's withdrawal from the 2024 elections and last...
Sameer Kalra
Jul 22, 2024

A New Japan In Positive Rate Era
It has been more than five months since interest rates were increased in Japan after decades. Within this period inflation averaged...
Sameer Kalra
Jul 16, 2024

Elections,Central Banks & Gold : Part 2
The first 15 days of July have raised the heat and friction of the US election to a new high with direct violence taking place against...
Sameer Kalra
Jul 15, 2024

Elections,Central Banks & Gold
In the last three years, the world has gone through changes in geopolitics that have not been observed in the previous fifteen years....
Sameer Kalra
Jul 8, 2024
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