Filtered by date: 10.10.2019. Clear
  • Fed: We Need QE but Think of Another Name for it

    The minutes of September FOMC meeting released on Wednesday showed that most members expressed their support for the rate cut in September, but opinions were divided on the future course of monetary policy. With almost complete certainty, the minutes indicated that the policymakers will have to tackle the issue of balance sheet expansion on the […]

  • The Crude Chronicles – Episode 8

    Further OPEC Cuts Under Discussion The CFTC COT report showed that Net longs in WTI crude have fallen to 4-week lows. Net longs fell by -34,843 contracts last week as bulls reduced positions for a third consecutive week. The recent downturn in global manufacturing has heightened concerns around the health of the global economy, putting […]

  • Markets Jittery Ahead of 13th Round of US-Sino Trade Talks

    Expectations Dwindling Ahead of Trade Talks The next round of US-Sino trade negotiations began yesterday today in Washington and there is a palpable sense of nervousness in the markets with benchmark indices and WTI all trading lower. The hesitation among traders is linked to a story from the South China Morning Post which reported sources […]

  • Trade of the Day

    Trade of the Day USD: The greenback continued to firm up across the board except against the euro. The Dollar Index was little changed at 99.12. We expect USD strength to generally persist today except for strength in safe haven JPY as the SCMP report casts doubt on a US-China deal. Look towards this week’s […]

  • Daily Market Outlook, October 10, 2019

    Daily Market Outlook, October 10, 2019  Main Market Themes Stock Indices  and FX whipsawed overnight on barrage of trade conflicting headlines, after a late boost from positive trade headlines and managed to stage a rebound after falling for two consecutive sessions. A Bloomberg news story cited an unnamed Chinese source that China is still open […]

  • Daily Commodity Coverage: 10 Oct, Thursday

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