20160923 - front

US Dollar Continues on the Retreat – Risky Assets Higher on Thursday

Good morning On Thursday, the markets interpreted Wednesday’s relatively dovish news from the FOMC and sent the USD lower and US equities higher, led by Telecommunications and Consumer Non-Cyclicals. S&P500 rose 0.7% and indices in Europe closed around 2% higher with the German DAX up 2.3%. Oil took another 2% up and is now back […]

20160922 - front

Fed Keep Rates Unchanged as Expected – Risk on!

The Federal Reserve decided on Wednesday to keep rates unchanged as expected. In a Reuters poll, only 6 out of the 102 analysts had forecasted an increase, while the remaining 96 expected no change. The US labour market has steadily improved, but the macro indicators for growth have recently showed lost momentum and inflation is […]

20160920 - front

USD lower, JPY higher ahead of FOMC, BOJ

After US inflation came out higher than expected, the US Dollar appreciated against its peers on Friday, but Monday’s price action has partially erased the gains as traders pairing bets that the FOMC will hike on Wednesday. The Japanese Yen gained on back of speculation that the BoJ will not satisfy market expectations with regards […]

20160919 - Front

US Inflation sends Fed bets higher – Central Banks in focus this week

Strong US Inflation data on Friday sent risk on the offer and the US higher as market players increased bets that the Fed will raise interest rates on the September meeting. The USD-index rose 0.9% and global shares took a hit with Europe down more than 1% and the US down around 0.5% with Energy […]

20160916 - T1TB

BoE Leaves Rates Unchanged as Expected. Focus on US Inflation today

 Risky assets came back on Thursday after a few days of negative price action as market players have reduced bets that the Fed will be able to raise interest rates on the September meeting, following another round of disappointing figures with Industrial Production and Retail Sales on the retreat. The US Dollar is looking to […]

20160915 - front

Risky Assets Continue on the Offer. BoE in Focus today

Stock markets closed in red for the fifth day in a row in Europe, measured by the Euro Stoxx 50 index, and a second day in a row in the US. Oil lost another 3% despite a draw in the weekly crude inventories, closing below the 50-day SMA and now eyeing lows from September 1st. […]

20160914 - front

Oil tumbles on negative outlook, equities lower

Stocks were on the offer on the US Dollar appreciated on Tuesday as we get closer to the FOMC meeting at the Federal Reserve, where a surprise rate increase still is in the cards despite the implied futures only are showing a 14.4% chance of an increase. With oil heading south, risk aversion was present […]

20160902 - front

All eyes on the US August Job Report

Good morning, Risk taking was on the offer on Thursday on back of weaker than expected ISM Service data from the US, which erased earlier gains in Europe, while the US closed in mixed territory with the S&P500 down 0.1%. Oil tumbled lower for the second day in a row, down 3.5% in Thursday’s session, […]

US Consumer Confidence beat expectations – USDJPY in 1-month highs overnight

On Tuesday, European markets advanced, while the US retreated further on rate speculation. The German DAX rose 1.1% and the FTSEMIB in Italy took home 1.4%. In the UK, the FTS100 managed a slight gain of 0.1% after being closed on Monday. In FX, the US Dollar advanced after a slight breather on Monday on […]

USD Edging Higher – What Will the US Consumer Say?

Good morning, Markets went on Monday as we had expected with smaller ranges than usual due to the cocktail of a UK Bank Holiday and markets licking its wounds from Friday, where especially Fed’s Fisher’s comments about leaving the door open for two rate hikes (subject to the data released from the US economy) in […]