Filtered by date: 01.10.2019. Clear
  • RBA Cuts Rates To New Record Lows

    RBA Cuts Rates Further The Reserve Bank of Australia lowered its headline interest rate by a further 25 basis points overnight. The official cash rate in Australia now stands at a record low of .050%. The reduction was well signalled and follows recent comments from governor Lowe explaining the likely need for further monetary easing. […]

  • The IndeX Files 01-10-2019

    Equities Upside On Hold Global benchmark indices have commenced the week in rather a subdued fashion with most headline indices having retraced from recent highs. In the US, the equities landscape is dominated by fluctuating Fed rate hike expectations. With recent data supporting, the market has reduced its outlook for an October rate-cut, instead deeming […]

  • Trade of the Day Buy EURJPY

    Trade of the Day Buy EURJPY BUY EURJPY 118.50  STOP 117.50 TARGET 1.2150  (Risk 0.75%, trade valid unless we trade below the stop level before the trade is triggered) JPY: Bank of Japan Governor Kuroda indicated last week that the Bank is now closer to deciding on further easing than they were earlier in the […]

  • Daily Market Outlook, October 1, 2019

    Daily Market Outlook, October 1, 2019  Main Market Themes US stocks rebounded to finish modestly higher on the last day of 3Q, led by the surge in Apple shares amidst easing trade worries after Trade Advisor Peter Navarro dismissed the potential delisting of Chinese firms from US stock exchanges as fake news. Technology sector got […]

  • Daily Commodity Coverage: 1 Oct, Tuesday

    USDCHF Technical Analysis:   NZDUSD Technical Analysis:   USDCAD Technical Analysis:   USDNOK Technical Analysis: