FTSE 100 UK index crash arrow going down stock exchange falling bear market concept.

Markets lower ahead of Central Bankers – FTSE taking out key support

Global stocks dipped for a third day in a row with drops in technology and Consumer Non-Cyclicals outweighing gains in Energy and Consumer cyclicals. There was no macro data of importance on Monday, so market players were positioning themselves for the FOMC on Wednesday as well as being alert to any news concerning the BREXIT […]

Bearish road sign

Markets in Negative Ahead of Key Week

Markets turned negative on Friday on back of increased uncertainty following new polls from the Brexit referendum showing a majority in favour of a leave. US markets fell with energy and financials taking the S&P 0.9% lower and not managing to close above trend resistance projected from the all-time highs. The USD rose across the […]

fed-building

Risk in positive ahead of US GDP, Fed Chair Yellen

Equities were mixed and the US Dollar Index was sent lower for a second day in a row on Thursday on back of mixed signals from the US economy. Oil tested the $50/barrel, but got rejected and is currently back below $49. Fixed income yields fell across the board with emphasis on the US. Gold […]

Missing piece from a European jigsaw puzzle revealing the British flag

Will UK GDP take the GBP to 2016 highs?

Risk taking was decent on Wednesday in both the EU and the US, on back of positive German IFO figures as well as a rise in oil prices, which recently has proved to trigger positive equity markets. Energy and Basic Materials led the gains with Transocean (+9.65%) and Chesapeake Energy (+7.41%) leading the S&P500. The […]

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FOMC Hawks send Risky Assets on the Offer

US equities traded higher ahead of the FOMC, but was hammered following the minutes from the April meeting, which revealed a more hawkish tone than expected. This has reignited rate speculation that the Fed potentially will have a rate increase installed for the June meeting (against September), assuming that the US will continue show a […]

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JPY Bid on Strong Japanese GDP. FOMC Minutes in Focus Today

Despite upbeat figures from the US economy on Tuesday, markets closed in negative with leading indexes down around 1% (S&P -0.9%, Dow -1%, Nasdaq -1.3%). Fixed income yields were bought on back of renewed rate speculation in the US sending the US Dollar on the bid as we had anticipated. US Housing Starts, CPI and […]

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Risk supported by 6-months high oil prices – Inflation in focus today

While some markets in Europe were closed yesterday, global risk taking was on in equity markets. US markets closed about 1% higher and the US dollar sold off, less the JPY and the GBP was in demand ahead of the inflation data today, which is expected to be supportive for the Sterling following recent BoE statements. […]

Silvana

All eyes on BoE, UK Inflation Report

Following three days of decent gains in US and EU equities, markets were sent lower yesterday with US indices down around 1% on back of weak earnings from Disney and Macy’s which triggering concern that US consumers holding back on the spending. This made investors flee into safer havens and fixed income yields fell.  In […]

Profits Green Road Sign With Dramatic Clouds and Sky.

EURUSD looks to turn around after six days of losses

Markets continued yesterday with broad based USD-strength and a general positive mood in the markets which followed through in Asia, despite a drop in Hang Seng. The Nikkei closed above the Ichimoku cloud, making the technical outlook changing from negative to positive and USDJPY printed May highs at 109.35 with the outlook negative. Despite an […]

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Risk Taking and JPY Unwinding in Quiet Markets

Following a light calendar in the markets, Monday was a relatively quiet session.  The US Dollar advanced on comments from Fed’s Dudley that he still saw two rate hikes as possible in 2016 despite the weak payrolls data from the US. We saw a little action in the GBP, where Cable printed two-week lows at […]