Currency Trading Concept. US Dollar Trade. Trading Market Ticker and Dollar Bills Illustration. Bessa Hossa at Marketplace.

Safe Haven Preferred By Markets Ahead of Key Events

Stock markets in Asia corrected lower for the second day in a row following the major indices in Europe and the US. Interest rates continued on the bid with US rates forming a clearer uptrend than in the EU. Oil was on the offer, but still above recent break-out level at 42.40. As investors fled […]

Tokijska Gieda Papierw Wartociowych

Busy week ahead – Central Banks, GDPs in focus

Despite an upbeat close in the US equity markets on Friday, Asian equities have softened going into this week on back of a drop in oil, which seems to be the main driver for risk taking at the moment. In currencies, the weakened considerably last week on speculation that the Bank of Japan would introduce […]

Chart stockmarket

ECB as Expected; Markets lower on soft earnings, Oil, Manufacturing

Following three days of decent gains in risky assets, markets reversed yesterday on back of uncertainty about global outlook and a drop on oil. Currencies were fairly range-bound and fixed income yields pushing slightly higher, but nothing significant. The big event yesterday was the ECB meeting, where the interest rate and deposit facility were kept […]

Ingranaggi euro

Oil, S&P in new 2016 highs – ECB in focus today

Oil seems to be the main driver for risk at the moment (despite increasing costs for companies) and as the Crude Inventories came out lower than expected due to falling output, oil rallied with WT Crude testing the $44-level before finding offers and has overnight continued on the bid sending the black gold to highest […]

stock analysis with digital tablet and hand pointing

Draghi, Osbourne and US Housing Market in Focus

After the plunge in oil on Monday, where risky assets sold off on back of the “no agreement”-deal in Doha, most of the lost ground was recovered yesterday. Due to the current high correlation between oil prices and risk, it seems that oil is leading the price action. On the macro front, we saw better […]

Pump jack group silhouette on a sunset sky background. Extraction of oil. Toned.

Oil Plunges after No Agreement in Doha

Risky assets have reacted with considerable negative opening gaps following the failure to reach an agreement on a cap on the oil production in Doha. Crude Oil gapped to $38.5-area on the opening from a close above $40 on Friday, whereas equity markets also pointed lower on back of this. Fixed Income fell as investors moved […]

Lion statue in front of chinese temple

Markets slightly lower on China GDP

Following a busy EU session yesterday, markets calmed down in the US session and traded sideways ahead of the Chinese GDP. Despite the Chinese figures coming as expected and with a bullish tone associated, the markets in Asia traded generally lower with Hong Kong and Japan on the offer. In FX markets, the NZD shined […]

Business graph with arrows, global business concept

Equities Constructive on Upbeat Earnings, Australian Employment Data

Stock market continued on the bid for the second day in a row despite a rally in the US Dollar and disappointing US Retail Sales and deflationary pressure in the US PPI. Fed’s Beige Book showed an increased activity in 11 of the 12 districts and an upward pressure on wages and company earnings announcements […]

oil barrels and a financial chart on white background.  price oil up.  business concept.

Oil pushing back above $40 on a draw in inventories, China in focus this week

Good morning, Risky assets finished last week on a bullish note at the US close, and Asia has followed suit this morning with risk still being on the bid. FX markets are seeing further appreciation of the JPY across the board  – USDJPY has this morning printed new 2016 lows at 107.62 and there have been […]

mano, dito, grafico, economia, borsa

VIX Highest in 3 Weeks on Concerns Over Cooling Economy

Despite a lack of news on Thursday, equity markets in the EU and US closed in negative territory over growth concerns and that the amount of tools from the Central Banks are becoming more and more limited. The minutes from the ECB March meeting showed a majority of the Governing Council agreed on additional stimulus to […]