Filtered by date: 30.09.2019. Clear
  • The Old Good “Ratchet Effect” in US Government Spending

    Some of you might notice that there was a major rebound on the US economic front in late Q3, which is best reflected in the index of economic surprises calculated by Citi.

  • The Investment Bank Outlook 30-09-2019

    In our Investment Bank Outlook each week, we bring you a selection of perspectives from leading investment banks to outline the key issues and directional  views for the week ahead. These excerpts, taken from research notes, will cover issues such as key market themes, economic releases, as well as any major trends and levels to […]

  • Is EUR/USD Uptrend on the Horizon?

    Today we review potential future of European currency, British pound and Russian ruble.

  • Trade of the Week – EURUSD

    Trade of the Week – EURUSD EUR: Eurozone economic sentiment faltered as manufacturers turned more pessimistic: The European Commission Economic Sentiment Indicator (ESI) lost 1.4pts to 101.7 in September (Aug: 103.1) due to a “substantial deterioration” in the industrial confidence and a slight decline in retail trade sentiment. Confidence improved among consumers (-6.5 vs -7.1) […]

  • Precious Metals Monday 30-09-2019

    Gold The price of gold has been devalued over recent sessions as we have seen an alteration to the outlook for US rates. The Fed cut its headline rate by a further 25 basis points at the recent September FOMC meeting. However, the market had been expecting the signal that further rate cuts would be […]

  • Daily Market Outlook, September 30, 2019

    Daily Market Outlook, September 30, 2019  Main Market Themes US stocks sustained losses on Friday as investors were slammed with news that the White House mulled limiting US investment in China via such option as delisting Chinese companies from US stock exchanges, heightening the risk of another trade-war escalation.  Adding to the deteriorating trade optimism […]

  • Daily Commodity Coverage: 30 Sep, Monday

    Asia stock market are poised for a mixed start after U.S. stock market slipped on Friday. Wall Street capped a choppy week with a second straight weekly loss for the S&P 500 Friday as worries about a potential escalation in the trade war between the U.S. and China erased early gains. The market has seen […]

  • Are Buybacks the Only Foothold for Stocks Currently?

    After the tax relief package was approved in the US in 2017, share buybacks pace of growth switched to the mode of “updating records”, and 2019 seems to be no exception. The ‘convenient’ and ‘easy to use’ tool, to maximize the company’s market valuation, was especially liked by technology companies. One recent example was Microsoft, which announced a buyback of shares to the tune of $40 billion. The company’s shares climbed 2.8% on the welcomed news.

  • FTSE Rallies On UK Rate Cut Chatter

    BOE Sounding Dovish UK asset prices received a boost late in the week as Michael Saunders of the Bank of England’s Monetary Policy Committee warned that the BOE could be forced to cut rates following Brexit, pushing GBP lower. Speaking during a conference, Saunders said: “If the UK avoids a no-deal Brexit, monetary policy also […]

  • Trade of The Day – CADJPY

    Trade of The Day – CADJPY CAD: has been reluctant to rally in the face of more supportive developments (narrower spreads, better economic data, firmer crude prices) in recent weeks and now looks reluctant to fall in the face of a broadly firm/firmer USD. Tighter USD liquidity over month/quarter end is evident in the short-term […]

  • The Friday Forex Takeaway – Episode 2

    Key Points from This Week Over the week, GBP has been the weakest performing G10 currency, dragged down by continued Brexit uncertainty and a tumultuous domestic political landscape. On the other hand, JPY was the strongest performer over the week in which most currencies lost against USD. UK Supreme Court Ruled Against Johnson UK Supreme […]

  • Daily Market Outlook, September 27, 2019

    Daily Market Outlook, September 27, 2019  Main Market Themes The financial markets saw a roller-coaster day yesterday, torn between US political noise and trade headlines.  US stocks dropped modestly overnight in reaction to ongoing US political drama as a whistleblower report exposed President Trump’s attempt to seek Ukrainian help to intervene in the 2020 General […]

  • Daily Commodity Coverage: 27 Sep, Friday

    Asia stock market are poised for a mixed start after U.S. stock market slipped. The S&P 500 ended modestly lower after the release of a whistle-blower complaint central to the latest political drama and reports the U.S. is unlikely to extend a waiver allowing American firms to supply China’s Huawei Technologies.Yields on US 10-year Treasuries […]

  • “Rough Pressure” Backfires for the Left in the US

    Rough pressure backfires for the left in the US. The information, as they say, from the third party about Trump’s pressure on Zelensky in the investigation of Biden’s dark affairs in Ukraine, culminated in the formal inquiry of impeachment by the Democrats. Who, as it turned out, did not even bother to examine the underlying evidence.

  • The Crude Chronicles – Episode 6

    Benchmark WTI crude prices have depreciated this week, falling nearly $5 on rising US inventory levels as well as the resurfacing of concerns about US-Sino relations. Trade War Comments Raise Concerns Speaking on the side-lines of the UN general assembly, US Secretary of State Mike Pompeo told the audience that the US had decided to […]