• The Friday Forex Takeaway – Episode 24

    Key Points from This Week RBA Cuts Rates It’s been a very busy week for central banks in the G10 space. The RBA was the first to pull the trigger on a rate cut at the start of the week. Citing the increased downside threat from coronavirus, the RBA lowered interest rates to a fresh […]

  • BOC Slashes Rates Over COVID-19 Threat

    BOC Cuts Rates by 0.5% The severity of the ongoing COVID-19 outbreak has been made very clear this week. Following a well-expected rate cut from the RBA on Tuesday morning and a surprise rate cut from the Federal Reserve on Tuesday evening, the BOC became the third central bank in the G10 bloc to cut […]

  • Surprise Rate Cut From Fed – More To Come?

    Fed Cuts Rates by 0.5% In a worrying display of serious the threat of COVID-19 is to the global economy, the US Federal Reserve took the historic step yesterday of announcing an unscheduled rate cut. The Fed announced a surprise .50% rate cut, the first-time rates have been cut outside of the FOMC since December […]

  • The Friday Forex Takeaway – Episode 23

    Key Points From This Week US Dollar Sell-Off The Dollar has seen a sharp repricing of rate path expectations over recent days. The growing severity of the COVID-19 outbreak has seen investors ramping up their expectations of a Fed rate cut. The market is now pricing in a .25% cut by the April meeting as […]

  • Data & Virus Damage Hurting The Dollar

    US Dollar Losing Steam? Over the final month of 2019 and the first month of 2020, the Dollar Index enjoyed a three-figure rally. The push higher was fuelled mainly a string of better-than-expected economic releases. With ISM manufacturing and non-manufacturing readings surprising to the upside last month, along with strong NFP readings and better survey […]

  • The IndeX Files 25-02-2020

    Fresh COVID-19 Fears Sink Equities Benchmark global equities indices have seen a severe shift in sentiment this week. With many indices beginning to track lower into the end of last week, an escalation in concerns over the scale and impact of COVID-19 has seen indices gapping lower at the start of this week, with selling […]

  • Precious Metals Monday 24-02-2020

    Gold Gold prices broke out to fresh highs last week, trading up to over 1604 an ounce, a price not traded since early 2013. Gold received a fresh burst of safe haven demand last week as news of a rising COVID-19 death toll in Europe rocked investor appetite. Italy reported a spike in the number […]

  • How Worried Is The Fed About Coronavirus?

    The release of the January FOMC meeting minutes last night helped keep the current Dollar rally on course with policymakers noting that they expected a continued moderate economic expansion. Inline with this view, the minutes noted that the current monetary policy stance will likely remain appropriate “for a time”. Key Quotes from The Minutes “Policymakers […]

  • The Crude Chronicles – Episode 26

    Crude Recovers On COVID-19 Optimism Benchmark WTI prices have risen over the week as the rebound in global investor appetite helped oil recover from earlier losses in the week. Negative headlines attached to the growing economic impact of COVID-19 were leaning on oil prices at the start of the week, seeing a broad risk-off tone […]

  • The Investment Bank Outlook 17-02-2020

    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 Crude Chronicles – Episode 24

    Corona-Virus Optimism Helps WTI Recover The main catalyst behind the movement in oil markets this week has been the developing situation with respect to the corona-virus outbreak in China. The spread of the virus, which has now killed around 565 people and infected over 28,000, has seen a sharp rise in investor uncertainty which leaned […]

  • The Friday Forex Takeaway – Episode 19

    Key Points This Week Corona-virus Spread Intensifies The corona-virus outbreak, which began in China around a fortnight ago, has continued to spread this week with cases now confirmed in the US and on mainland Europe. So far, nearly 200 people have died from the virus which has infected around 8000 people (confirmed). The World Health […]

  • The Crude Chronicles – Episode 23

    Corona-Virus Driving WTI Lower The CFTC COT positioning report showed that net long positions in WTI benchmarks were reduced by 9,744 contracts last week, taking the total position to 520,568 contracts. WTI prices have seen concentrated selling over the last three – four weeks as a number of factors have fuelled a shift in perspective […]

  • The IndeX Files 28-01-2020

    Corona-Virus Sends Equities Sinking Benchmark global equities have been heavily offered in recent trading as the impact of the Chinese corona-virus outbreak continues to dampen investor appetite. The virus, which broke out in China around two weeks ago, has now claimed the life of 80 people and spread across Asia, reaching the United States. There […]

  • Precious Metals Monday 27-01-2020

    Gold Gold prices have seen an influx of demand over recent trading as global risk factors have shifted. Moving away from the upward pressure seen recently in response to the increase in tensions between the US and Iran, gold is now seeing safe-haven demand in response to the outbreak of coronavirus in China. The virus, […]