USD

Five Things the Markets are Talking About: Monday, December 3

Five Things the Markets are Talking About: Monday, December 3

Global equities have rallied overnight, alongside U.S. Treasury yields, while the ‘big’ dollar trades under pressure after the U.S. and China declared a temporary truce in their Sino-U.S. trade war.

No progress was made on key differences regarding intellectual property and forced technology transfers. 

Dollar Looking for Economic Guidance Ahead of Busy Week

Dollar Looking for Economic Guidance Ahead of Busy Week

The U.S. dollar is higher against most major pairs on Friday ahead of the G20 meeting.

The greenback fell across the board on Wednesday after the market took the comments from Fed Chair Powell on interest rates to mean less rate hikes from the central bank.

Five Things the Markets are Talking About: Monday, November 26

Five Things the Markets are Talking About: Monday, November 26

Aside from the FAANG share liquidation to the tune of $1Trillion in face value last week, capital markets have been grappling with the expected pace of the Fed rate hikes for 2019.

A December Fed hike has already been priced in, but with weaker U.S. data and an ongoing trade war, between the world’s two largest economies, dealers are reducing their bets on a three-cycle hike from the Fed next year.

Five Things the Markets are Talking About: Friday, November 16

Five Things the Markets are Talking About: Friday, November 16

Earlier this week U.K PM Theresa May agreed a draft Brexit withdrawal agreement with Brussels. Her cabinet backed it on Wednesday – but there have since been resignations.

Six government ministers, including Brexit Secretary Dominic Raab, one of the architects of the deal, quit yesterday, raising the possibility that she could face an open challenge to her leadership.

GBP/USD – Surging Pound Shrugs Off Soft Services PMI

GBP/USD – Surging Pound Shrugs Off Soft Services PMI

GBP/USD has started the week with solid gains. In Monday’s North American session, the pair is trading at 1.3022, up 0.40% on the day. On the release front, Services PMI dipped to 52.2, shy of the estimate of 53.4 points. In the U.S, ISM Non-Manufacturing PMI posted a strong gain of 60.3, above the estimate of 59.3 points.

Five Things the Markets are Talking About: Monday, October 29

Five Things the Markets are Talking About: Monday, October 29

Euro equities are small better bid, ignoring Asia’s mixed market overnight and slightly weaker U.S. futures on concerns about corporate earnings and global growth. U.S. Treasuries remain well supported as a majority of the market rein in their expectations for tighter Fed policy.

Five Things the Markets are Talking About: Monday, October 22

Five Things the Markets are Talking About: Monday, October 22

Global equities remain better supported this Monday morning after Chinese stocks surged overnight on senior officials verbal intervention. The ‘mighty’ U.S dollar has eased a tad along with treasuries, while Italian bonds have rallied.

Five Things the Markets are Talking About: Monday, October 15

Five Things the Markets are Talking About: Monday, October 15

Following a weekend of warnings on global economic fragility from G10 finance leaders at an IMF meeting in Bali, has global equities starting this new week on the back foot, with regional bourses in Asia and Europe seeing red, while U.S. equity futures are pointing to deep declines.

Five Things the Markets are Talking About: Monday, May 7

Five Things the Markets are Talking About: Monday, May 7

NAFTA talks resume again in Washington today – it’s a critical period and the U.S. is still pushing a hardline. China trade data will be the market’s focus along with Australia’s annual budget. Here’s what you need to know.

Dollar Gains Limited by Geopolitical Risks

Dollar Gains Limited by Geopolitical Risks

Capital markets remain uneasy as growing geopolitical tensions rattle equities and commodities. Adding fuel to the fire is yesterday’s FOMC’s March meeting minutes which we cover here.

Week Ahead: U.S. Fed and BoE to Guide Markets

Week Ahead: U.S. Fed and BoE to Guide Markets

The U.S. dollar is mixed against major pairs ahead of the March Federal Open Market Committee meeting. The Fed is expected to deliver its first interest rate lift under Chair Jerome Powell. More about when this may happen here.

Central Bank Activism: A Grain of Salt with Fed and BoC Announcements

Central Bank Activism: A Grain of Salt with Fed and BoC Announcements

In a world rife with geopolitical unpredictability – businesses hang their decisions off any monetary policy snippets emanating from Central Banks. Here's why corporates shouldn't react to the Fed and Bank of Canada’s every word.