• The IndeX Files 12-11-2019

    Will US-Sino Trade Deal Be Signed This Week? Global benchmark equities remain near recent high levels this week, though are sitting below the record highs seen over the last week as investors struggle with opposing themes. The US outlook has shifted away from expectations that the Fed will ease further this year. Ahead of the […]

  • The Friday Forex Takeaway – Episode 8

    Key Points This Week US-Sino Trade Deal on Track Expectations that the US – Sino “phase one” trade deal (verbally agreed October 10th) will be signed over November has kept equities indices in demand. US benchmarks have traded to new record highs this week as the prospect of an end to the 17-month tariff war […]

  • The IndeX Files 05-11-2019

    Fresh Highs For Global Indices Global benchmark equity indices are continuing to trend higher this week on the ongoing support from easier monetary conditions in the US and rising expectations of an imminent US-Sino trade deal. The October FOMC last week saw the Federal Reserve reducing its main cash rate by another 25 basis points, […]

  • Precious Metals Monday 04-11-2019

    Gold Precious metals are starting to break higher as we head into the middle of Q4. The latest action from the Fed has created a supportive backdrop for gold which benefits during times of weakness in the dollar. At the October FOMC held last week the Fed acted in line with market forecasts by announcing […]

  • The Friday Forex Takeaway – Episode 7

    Key Points From This Week The New Zealand Dollar has been the standout performer among the G10 currency pack this week. Encouraging signs that the US and China will sign a trade deal this month is seeing the kiwi back in demand. The Canadian Dollar has been the weakest performer over the week, however. While […]

  • UK Headed To The Polls On December 12th

    MP’s Back “Brexmas” Elections The ongoing Brexit saga has taken yet another twist this week, once again adding confusion for traders. Following the EU’s announcement that it has approved the UK’s request to extend Brexit until January 31st, UK parliament last night voted in favour of holding a general election on December 12th. PM Johnson […]

  • The Friday Forex Takeaway – Episode 6

    Key Points From This Week The standout winner among G10 currencies this week has been the Canadian Dollar with only itself and the Swiss Franc having risen against USD. Higher oil prices have helped boost CAD which is also supported by improved risk appetite around US-Sino trade negotiations. GBP has been the weakest performer this […]

  • The Crude Chronicles – Episode 10

    US – Sino Trade Talks Boosting Oil Outlook Benchmark WTI prices have been supported over the week, marking a pause in the declines seen over the prior month. Since bottoming out around the $51 mark, WTI Crude has traded back up to $55. A key factor in the current stabilisation in WTI prices is the […]

  • Brexit To Be Delayed As UK PM Defeated Again

    UK Waiting On EU Decision Boris Johnson’s final attempt at pushing his Brexit deal through parliament resulted in failure yesterday evening as once again, MPs failed to support the move. Following his initial parliamentary defeat over the weekend, Johnson had still been adamant that he would push on with a no-deal Brexit regardless, saying previously […]

  • GBP Higher On Expectations of Brexit Delay

    EU Considering Brexit Extension Request If you are feeling confused by Brexit, you are not alone. As the October 31st deadline approaches, the UK is currently without a Brexit deal and consequently, the Prime Minister has requested an extension to Article 50. Last week, markets were watching hopefully as the UK agreed the terms of […]

  • The IndeX Files 22-10-2019

    Parliament Blocks Brexit Deal Benchmark equities indices have been broadly higher this week as markets react to the latest headlines around Brexit. Following the Saturday sitting of parliament which saw the UK PM fail to pass his deal, a further extension to Article 50 has been requested by the UK. While the EU has not […]

  • The Friday Forex Takeaway – Episode 5

    Key points This week As with last week, the standout performer over the week has been the British Pound which has seen strong gains on increased optimism over a potential Brexit deal. The Japanese Yen has been the weakest currency of the G10 bloc this week as better risk appetite has seen a lack of […]

  • Traders Nervous Ahead of Parliament Brexit Vote

    EU Backs PM’s Deal Three years and two Prime Ministers after the UK electorate narrowly voted in favour of leaving the European Union, the UK government is now on the verge of finally agreeing a Brexit deal. The Brexit deal offered to the EU by Boris Johnson this week was officially approved by EU leaders […]

  • Pound Jumps on UK-EU Brexit Deal

    Taking to Twitter this morning, in a move which echoes that of Trump, the UK PM wrote “We’ve got a great new deal that takes back control — now Parliament should get Brexit done on Saturday so we can move on to other priorities like the cost of living, the NHS, violent crime and our […]

  • EU To Decide On Brexit Deal Tomorrow

    Midnight Deadline For Brexit Deal Today marks an important day for Brexit negotiations. The EU has given the UK a midnight deadline for agreeing a deal ahead of the EU summit which begins tomorrow. The plan is, if the UK and EU can agree an acceptable deal, the EU will then officially approve the deal […]