• Chart of the Day – EURUSD

    Chart of the Day – EURUSD Bearish EURUSD – EUR: Eurozone consumer confidence improved in November: The preliminary reading of the European Commission Consumer Confidence Index came in higher at -7.2 in November (Oct: -7.6) to indicate a slight improvement in Euro Area consumer sentiment. This morning’s PMI data was mixed with emerging softness in […]

  • The Friday Forex Takeaway – Episode 10

    Key Points from This Week FOMC Meeting Minutes The minutes of the October FOMC meeting were interesting given that the tone of discussions was more dovish than the market was expecting. Policymakers noted that risks to the US economy remain elevated and while most supported the decision to keep rates on hold now, the potential […]

  • Daily Market Outlook, November 22, 2019

    Daily Market Outlook, November 22, 2019  Main Market Themes Markets edged slightly higher overnight amid cautious sentiment as traders digested mixed trade and political headlines. A WSJ news story reported that China chief trade negotiator had invited his American counterpart for a face-to-face talk that would happen before Thanksgiving in late November but the US […]

  • The Crude Chronicles – Episode 14

    Trade Talk Concerns Leaning On Oil Prices Benchmark WTI prices have been lower this week as emerging concern for the prospect of a US-Sino trade deal has stunted demand. Crude prices had been supported recently amidst expectations that the “phase one” trade deal agreed between the US and China was to be signed. However, with […]

  • Daily Market Outlook, November 21, 2019 

    Daily Market Outlook, November 21, 2019  Main Market Themes Markets slipped overnight as trade uncertainty deepened further over a Reuters news story that said a US-China phase one trade deal may not be completed this year alongside FOMC meeting minutes that offered little clue on the Fed’s next policy move.  Reuters reported that the inking […]

  • Chart of the Day Bullish AUDCAD

    Chart of the Day Bullish AUDCAD Bullish AUDCAD – AUD: Australia Leading Index points to weak economic momentum: The Westpac-Melbourne Institute Leading Index edged lower by 0.07% in October (Sep: -0.12% revised) leading the six-month annualized growth rate at a slightly better -0.91% (Sep: -1.01%), materially below trend and continues to point to weak economic […]

  • Daily Market Outlook, November 20, 2019

    Daily Market Outlook, November 20, 2019  Main Market Themes Daily Market Outlook – Markets ended on a mixed note overnight amidst a lack of progress at US-China trade front while weaker retail outlook raised concerns over US consumer spending. Shares of Home Depot and Kohl’s fell after the retailers slashed their sales/profit forecasts, weighing on […]

  • New ECB Chief To Speak on Thursday

    Lagarde Assembles ECB Members For Informal Talks Much attention is being placed on Christina Lagarde, the new head of the ECB, who is due to speak on Thursday. As yet, Lagarde has not given any insight into her views on ECB monetary policy and investors are eager to learn of her assessment and guidance. One […]

  • The IndeX Files 19-11-2019

    US-Sino Trade Deal Hopes Keep Markets Supported Though momentum has weakened recently, global equities benchmarks continue to trade higher this week as optimism over a potential US-Sino trade deal is keeping sentiment positive. Negotiators from both the US and China held further talks over the weekend aimed at keeping things moving. Following the cancelling of […]

  • Chart of the Day – AUDUSD

    Chart of the Day – AUDUSD AUD: RBA minutes repeated that the Bank is assessing earlier cuts as it remains prepared to ease further. The Minutes echoed the November Statement on Monetary Policy, where the Board noted low rates meant it was approaching the limits of conventional policy, bringing closer the point at which “other […]

  • Daily Market Outlook, November 19, 2019 

    Daily Market Outlook, November 19, 2019  Main Market Themes Markets ended mixed tracking trade noises amid absence of key events and economic releases. US and Asian major stock indices ended largely in the green while European equities were more mixed.  Global bonds advanced by and large, amid lingering trade jitteries after Beijing said it was […]

  • Precious Metals Monday 18-11-2019

    Gold Precious metals begin the week under offer as gains in benchmark equities indices have seen reduced safe haven inflows. Optimism around the prospect of a US-Sino trade deal is keeping investor risk appetite well supported at the start of the new week. Over the weekend, negotiators held further talks in lieu of signing a […]

  • Chart of the Week – EURGBP

    Chart of the Week – EURGBP EUR: Muted Eurozone inflation; narrowing trade surplus: the final reading of Eurozone October HICP inflation was unrevised at 0.7% YOY (Sep: +0.8%) and similarly, the core reading was unchanged at 1.1% YOY (Sep: +1.0%), reflecting the ongoing lack of price pressure in the Euro area economy that has in […]

  • The Investment Bank Outlook – 18-11-2019

    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 […]

  • Daily Market Outlook, November 18, 2019 

    Daily Market Outlook, November 18, 2019  Main Market Themes US stocks rallied to an all-time high on Friday, leading the Dow Jones Industrial Average to cross 28,000 mark for the first time in history over a renewed sense of trade optimism and a rebound in US retail sales data.  White House economic advisor Larry Kudlow […]