Oil falls -2% as OPEC nears deal to raise production

Oil falls -2% as OPEC nears deal to raise production

OPEC is holding its biannual two-day meeting in Vienna starting tomorrow and is widely expected to agree to pump more. See the players that support the increase (including Russia) and what to expect.

Central Bank Monkey Business: Should Central Banks Determine Exchange Rates?

Central Bank Monkey Business: Should Central Banks Determine Exchange Rates?

Foreign exchange rates are usually determined by real exchanges on the FX market. In recent years, central banks have been playing a much larger role when determining their own foreign exchange rates - But should central banks be determining exchange rates?

Five Things the Markets are Talking About: Monday, June 18

Five Things the Markets are Talking About: Monday, June 18

Global trade is again top of capital markets agenda, as investors are now officially worried about the intensifying confrontation between U.S. and China. With tariffs, crude oil prices, and this week’s significant OPEC meeting, here’s what you need to know.

Week Ahead: Market reaction to Fed Hike and Dovish ECB

Week Ahead: Market reaction to Fed Hike and Dovish ECB

A hawkish Fed and a dovish European Central Bank gave the edge to the USD this week. Donald Trump scored diplomacy points in Singapore by North Korean leader Kim while trade war fears are once again at the forefront as the Trump administration announced new tariffs on Chinese goods on Friday.

The SNB Crisis 3 Years Later: Lessons for your Business

The SNB Crisis 3 Years Later: Lessons for your Business

The Swiss National Bank sent shockwaves across global financial markets on January 15, 2015, when it abandoned its exchange rate floor that had up to the point pegged the Swiss franc to the euro. What businesses can do to avoid fallouts like this in the future?

Five Things the Markets are Talking About: Monday, June 11

Five Things the Markets are Talking About: Monday, June 11

Investors’ focus now shifts from last week’s disastrous G7 meeting in Canada to tomorrow’s Trump-Kim summit in Singapore and a plethora of major central bank rate announcements later this week.

Week Ahead: Dollar Struggles as Geopolitics and Central Banks Take Spotlight

Week Ahead: Dollar Struggles as Geopolitics and Central Banks Take Spotlight

Prepare for an eventful week! The Fed will kick off its June 2-day FOMC meeting on Tuesday and is expected to announce a 25 basis points rate hike. The same day President Donald Trump will be in Singapore for the much-anticipated meeting with North Korean Leader Kim Jong Un. Simultaneously, U.K. Prime Minister, Theresa May, will ask her party to overturn changes to the E.U. withdrawal bill.

Dollar softer ahead of G7 Summit

Dollar softer ahead of G7 Summit

Market attention is turning towards the G7 conference that begins tomorrow in Quebec, Canada.

Expect this summit to be an intensive affair amidst heightened trade tensions between the U.S. and some of its closest allies who have indicated that they will retaliate against President’s Trump’s decision to impose duties on steel and aluminum imports from the E.U., Canada, and Mexico.

Trump Effect: U.S. & North Korea Summit Should Provide Big Impact on Currency Markets - Especially in Asia

Trump Effect: U.S. & North Korea Summit Should Provide Big Impact on Currency Markets - Especially in Asia

President Trump wants to go down in history for de-arming North Korea’s nuclear weapons and brokering a peace agreement between the North and South. Meanwhile, Kim Jong Un has more short-term targets – sanctions relief and economic solvency. We analyze the potential business impact of the much-anticipated summit meeting.

Five Things the Markets are Talking About: Monday, June 4

Five Things the Markets are Talking About: Monday, June 4

After the U.S. imposed steel and aluminum tariffs on E.U., Canadian and Mexican imports, political tensions, and the risk of a global trade war are back in focus, making this week’s summit more important than usual. U.S is headed for a showdown with its G7 allies at a summit in Quebec, Canada (June 8-9).

Week Ahead: Dollar Rises as U.S. Jobs Outperform Despite Trade Fears

Week Ahead: Dollar Rises as U.S. Jobs Outperform Despite Trade Fears

The U.S. nonfarm payrolls report showed the economy added 223,000 jobs in May driving the unemployment rate to a 18-year low of 3.8 percent. Wage growth surprised with a 0.3 percent gain that validates the idea for more rate hikes this year. Here’s your week ahead.

As Risk Sentiment Improves Dollar Bulls Sell

As Risk Sentiment Improves Dollar Bulls Sell

The ‘big’ dollar has edged lower while Italian bond yields have declined again. Meanwhile in Madrid, parliament is set to vote Friday (June 1) whether to oust Spanish PM Rajoy. Here are the five things you should know.

Five Things the Markets are Talking About: Tuesday, May 29

Five Things the Markets are Talking About: Tuesday, May 29

The EUR saw 11-month lows after Italy’s president scuttled an attempt by a coalition of Italian anti-establishment parties to form a government. With fresh elections increasingly likely, markets should expect the Five Star and the League to campaign on the idea that they were denied the “right to govern,” possibly resulting in a stronger populist sentiment at the next election.

Week Ahead: Geopolitical Tensions Moderate Ahead of U.S. Jobs Week

Week Ahead: Geopolitical Tensions Moderate Ahead of U.S. Jobs Week

Holidays in the United Kingdom and the United States will make for a short trading week, but one that will be filled with economic data releases alongside new reports from US-China and US-North Korea relations.

Trade War Talks are Back

Trade War Talks are Back

Trade war talks are back and the dollar is under pressure. Reports that the U.S. commerce department has opened up “a section 232 investigation into the imports of cars to determine their effects on America’s national security” is ringing alarm bells given what happened when the U.S. imposed steel and aluminum tariffs in March.