• 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 […]

  • 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 […]

  • 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 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 […]

  • Future Of ECB Monetary Policy Under Discussion

    Division Over QE The discussion around the likely direction that ECB monetary policy will take once Mario Draghi leaves as President is building in importance. Recent data weakness out of the Eurozone is creating more division around the potential use of further QE. Many of the key member states have noted their opposition to further […]

  • The IndeX Files 08-10-2019

    Brexit & Trade Negotiations Driving Risk Sentiment Global benchmark indices have commenced the week’s trading with a mostly positive tone as attention shifts to the upcoming US – Sino trade negotiations. High-level officials from two leading global economies are due to meet in Washington on the 10th for the next round of negotiations. Over recent […]

  • The Friday Forex Takeaway – Episode 3

    Key points from this week The Japanese Yen was the standout performer of the week, rising firmly against USD as heightened concerns over the health of the global economy drove steady safe-haven inflows over the week. The worst performing currency of the G10 space this week was the Swiss Franc which fell amidst a slew […]

  • The IndeX Files 01-10-2019

    Equities Upside On Hold Global benchmark indices have commenced the week in rather a subdued fashion with most headline indices having retraced from recent highs. In the US, the equities landscape is dominated by fluctuating Fed rate hike expectations. With recent data supporting, the market has reduced its outlook for an October rate-cut, instead deeming […]

  • German Recession Fears Growing

    German Data Drops Again The latest data out of Germany this week has heightened fears over the Eurozone’s largest economy heading for a technical recession. Data released yesterday by IHS Markit showed weakness across all German PMI readings. The worst of the readings for the German economy was the September manufacturing PMI which printed just […]

  • The IndeX Files 24-09-2019

    Risk Markets Looking for Fresh Drivers Global benchmark indexes remain muted following the September FOMC meeting. Policymakers, led by Fed chair Powell, announced a 25-basis point reduction in the headline cash rate, the second only rate cut in a decade. However, the voting split has seen reduced pricing for further rate cuts this year with […]

  • September BOJ Meeting Preview

    Expectations For September BOJ Meeting Bank of Japan policymakers hold their September rate-setting meeting this week and expectations are divided regarding the likelihood of further easing. Meeting last in July, the BOJ said that should the global slowdown threaten the Japanese economy, it would act “without hesitation” to ease further. Speaking at the post-decision press […]

  • The IndeX Files 17-09-2019

    Risks Remain Amidst Positive Backdrop The fundamental backdrop for equities remains supportive in the near term though benchmarks in the US, Europe, Asia and the UK have seen a pause in momentum so far this week. The announcement of a new range of easing measures from the ECB at its meeting this month has helped […]

  • September SNB Meeting Preview

    Expectations For September SNB Meeting Central bankers across the G10 space have moved drastically to the dovish side this year. A renewed outbreak of trade tariffs between the US and China has exacerbated the global downturn, keeping inflation subdued across the board. With the Fed, the ECB, the RBA and RBNZ each having eased further […]

  • 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 […]