Filtered by date: 15.10.2019. Clear
  • A Hidden Problem of the US Consumer

    The lingering discord between the PMI surveys in the US manufacturing / non-manufacturing sector and the steady dynamics of consumption is probably the only thing that contains recession fears. As Morgan Stanley noted, the foundation of the current expansion was the absence of consumer shocks, which, in fact, began most of the past recessions. A […]

  • Turkish Economy At Risk Over Syria Offensive

    Fears of US Sanctions Alongside concerns for the human cost of Turkey’s invasion of Syria, the operation has also sparked fresh fears over the health of the Turkish economy. The Lira spent much of last year in free fall against the US dollar with inflation spiking to highs of around 25%. Following successive interventions by […]

  • The IndeX Files 15-10-2019

    US-Sino Mini Trade Deal Agreed Benchmark indices continue to be driven by the dominant themes of Brexit and US-Sino trade negotiations. Indices had been broadly higher following Friday’s news that the US and China had agreed a “phase one” trade deal. The deal, which has yet to be signed by Trump and Xi, includes $50 […]

  • Daily Market Outlook, October 15, 2019

    Daily Market Outlook, October 15, 2019  Main Market Themes Geopolitical uncertainties returned to the fore overnight, as the Trump administration announced sanctions on three senior Turkish officials and will raise steel tariffs back up to 50% as well as stop trade negotiations, while calling on Turkey to implement an immediate ceasefire on Syria. On the […]

  • Daily Commodity Coverage: 15 Oct, Tuesday

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