• Protests Erupt As China Approves Controversial Hong Kong Security Law

    China Approves Hong Kong Law The prospect of US action against China is looming large today following China’s approval of its proposed National Security Law in Hong Kong. The legislation was approved during China’s National People’s Congress with a vote of 2878-1. The new law, which represents the first time that Chinese law has been […]

  • The Crude Chronicles – Episode 40

    Rising Risk Factors Blunt Recovery Optimism The crude oil market has retreated lower again this week following initial strength. Firmer risk sentiment at the start of the week, in response to optimistic reports of the work underway to develop a COVID-19 vaccine, had helped lift oil prices which have been higher over recent weeks as […]

  • Trump Promises Action Against China Amidst Hong Kong Standoff

    COVID-19 Strains US/China Relations Fears that tensions between the US and China could soon boil over has increased this week as the two sides continue to trade rhetoric over the Hong-Kong standoff. Relations between the world’s two leading economies have been particularly fraught over recent weeks amidst escalating US criticism of China over its alleged […]

  • Precious Metals Monday 25-05-2020

    Gold Gold prices have seen renewed selling pressure over recent sessions following the breakout to fresh highs on the year last week which quickly reversed. The move above the 1747.15 level came with plenty of divergence on momentum studies and was short lived as both equities and the US dollar continue to see support, sapping […]

  • The Friday Forex Takeaway – Episode 35

    Key Points From This Week Trump Steps Up Rhetoric Against China The ongoing tensions between the US and China dominated the early part of the week with Trump stepping up threats against the world’s second-largest economy over its alleged role in the COVID-19 outbreak. Trump has threatened china with the cancellation of the current trade […]

  • China Fuels Trade War Fears With Australia

    China Steps Up Pressure on Australia Away from its long running trade stand-off with the US, it seems that China is now in the process of commencing a new trade dispute. Following increased calls from the Australian government for an official investigation into the origins of COVID-19, with growing scrutiny over China’s role in the […]

  • The IndeX Files 19-05-2020

    Risk Sentiment Supported Amidst Vaccine Hopes Global equities benchmarks are in the green across the board today as the week continues in a positive tone for investors. News of a potential COVID-19 vaccine has taken centre stage this week following the announcement by US Biotech firm Moderna which said that one of its candidate vaccines […]

  • Precious Metals Monday 18-05-2020

    Gold The gold market has broken out to its highest levels since mid-2012 as the new trading week gets underway. A backdrop of stark, dovish warnings from central banks about the last downside impact of COVID-19 as well as increased uncertainty over US/China relations is creating strong safe-haven demand for gold. Last week, the chairman […]

  • The Investment Bank Outlook 18-05-2020

    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 […]

  • Chinese Data Points To (Slow) Recovery

    Gradual Recovery Underway in China Recent data sets from China continue to point to a recovery, however, the improvements have only been gradual and suggest that the return to pre-virus levels of economic activity is going to take longer than first thought. Given that China was the first to move out of lock-down measures ( […]

  • The IndeX Files 12-05-2020

    Recovery To Take Longer Than Thought? Global equities benchmarks have been broadly supported, with indices across the US, Europe and Asia, trading in the green this week. However, upside momentum has been weakened and moved so far have bee shallow. The fundamental backdrop continues to be driven by the shift in focus towards the recovery […]

  • The Investment Bank Outlook – 11-05-2020

    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 […]

  • The Friday Forex Takeaway – Episode 33

    Key Points From This Week US/China Tensions Increase Relations between the US and China have deteriorated once again this week in the wake of accusations made by the US against China with both Trump and secretary of state Mike Pompeo claiming to have seen evidence that COVID-19 was created in a Chinese lab. Markets had […]

  • The IndeX Files 05-05-2020

    Fresh Risk Factors Emerge The fundamental backdrop for equities has grown more complicated this week. We have seen a broad recovery over the last few weeks in line with the weakening trend in global COVID-19 numbers which is leading many countries to begin easing lock-downs or planning to do so. With attention now turning to […]

  • RBA Keeps Rates At Record Lows

    “Considerable Uncertainty” At It’s May meeting, held overnight, the Reserve Bank of Australia opted to keep interest rates on hold. Following a 0.50% rate cut at the outset of the pandemic in March, taking rates to record lows of 0.25%, the RBA judged it was appropriate to keep rates at current levels for now, despite […]