• EUR Bid Despite Fresh Wave of ECB Easing

    ECB opts For Range of Options It was a wild day for the Euro yesterday as traders reacted to the keenly anticipated September ECB meeting. In line with broad market expectations, the central bank announced a range of easing measures including a reduction in the deposit rate, the restarting of QE, the introduction of a […]

  • GBPUSD Rallies As No-Deal Risks Fade

    Parliament Backs Article 50 Extension Over three years on from the infamous referendum which kicked things off, the Brexit roller-coaster has taken another wild turn this week as the Benn Bill became law, pushing GBPUSD higher.  Following Johnson announcing that he was proroguing parliament, those MPS opposed to a no-deal Brexit were able to take […]

  • UK PM Faces Severe Backlash Following Yellowhammer Release And Scottish Court Ruling!

    Yellowhammer Published Following the publication of the explosive “Yellowhammer Document” earlier this week, the UK Labour party is now pushing for parliament to be recalled. Shadow Brexit secretary Sir Keir Starmer told reporters that the document outlines “severe risks” should a no-deal Brexit take place and said it is now “more important than ever” that […]

  • The Crude Chronicles – Episode 4

    Hello there. Welcome to another episode of the Crude Chronicles series. It’s been another volatile week for crude oil prices which have seen a sharp drop despite the latest inventories data showing a drawdown. The latest report from the Energy Information Administration for the week ending Sept 6th showed that US crude stores declined by […]

  • Market Braces For ECB Easing

    Expectations of forthcoming ECB easing have ratcheted up another level in recent days in the wake of a set of disappointing inflation data from both the Eurozone and leading EU27 economy, Germany. Eurozone Inflation Dips Again Core inflation in the Eurozone printed just 0.9% in August, missing expectations of a 1% reading, while headline inflation […]

  • Precious Metals Monday 02-09-19

    Gold Gold prices have started the week a little lower despite some initial risk off movement at the open which came in response to news that the Trump administration has activated $15 tariffs on around $110 billion worth of Chinese goods. The products affected by the new tariffs are mainly consumer goods, ranging from home […]

  • Investment Bank Outlook 02-09-2019

    In this installment of the Investment Bank Outlook 02-09-19, we’re going to 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 […]

  • Equities Surge on China’s Trade Comments

    Risk sentiment received a boost late in the week in response to a surprise announcement from China regarding the ongoing trade war between itself and the US. Gao Feng, a spokesman from the Chinese Ministry of Commerce told reporters “We firmly reject an escalation of the trade war, and are willing to negotiate and collaborate […]

  • UK Parliament Suspension: Next Steps and Market Impact

    Queen Approves Request To Suspend Parliament In a stark development of the ongoing Brexit saga in the UK, PM Johnson has had his parliamentary suspension request approved by the Queen. GBP tumbled yesterday as reports flooded in of Johnson’s request, which was later approved by the British Monarch. As such, UK parliament will now be […]

  • German Ifo Falls For 11th Consecutive Month

    It has been another poor showing for German data this week as both the German IfO readings released on Monday and Q2 GDP released on Tuesday have highlighted further weakness in the second largest economy in the eurozone. German Ifo Falls Again The Ifo reading on Monday showed an eleventh consecutive monthly drop over August […]

  • ECB Easing to Weigh on EURAUD

    AUD price action has been highly subdued over recent months given the deterioration in trade relations between the US and China. Following the announcement from Trump that he would be placing a fresh 10% tariff on a further $300 billion of Chinese goods as of September 1st, China responded by devaluing the Yuan, which sent […]

  • The IndeX Files 27-08-19

    Trump V China Its been an interesting start to the week for equities. Despite the quiet summer trading conditions, developments at the G7 meetings over the weekend, concluding yesterday, have yielded important outcomes. On Friday, markets were shunted lower as China announced that it will proceed with tariffs of as much as 10% on $75 […]

  • July ECB Minutes Boost September Easing Calls

    ECB Minutes Highlight Dovish Risks The release of the ECB July meeting minutes has increased expectations that the central bank will announce fresh easing measures when it meets next in September. The minutes revealed that policymakers’ discussions around the outlook for growth and inflation in the eurozone had become more pessimistic. Regarding growth, the minute […]

  • Precious Metals Monday 26-08-10

    Gold Gold prices have softened a little over early trading today, following an explosive move higher on Friday, in reaction to comments from Fed Chairman Powell. Speaking at the Jackson Hole Symposium, Powell kept further rate cuts firmly on the table, though noted that the Fed is limited in its ability to handle the negative […]

  • Investment Bank Outlook 26-08-19

    In our fifth installment of the Investment Bank Outlook 26-08-19, we’re going to 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 […]