Opinion – Wednesday 26 September 2018

No a huge amount of market volatility over the past 24 hours which is typically the case in front of an FOMC meeting when a rate change, new economic projections, the Fed’s ‘’dot plot’’ and press conference from the Fed chair are all on schedule. US yields continue...

Opinion – Tuesday 25 September 2018

After cancelling trade talks with the US, yesterday morning China released a White Paper accusing the US of intimidation adding that negotiations ‘’cannot be carried out under the threat of tariffs’’. The White Paper set a wary tone to price action with the tech heavy...

Opinion – Monday 24 September 2018

UK Prime Minister Theresa May’s demand on Friday that EU leaders treat the UK – and its Chequers proposals – with more respect, saw a large move lower in the Pound on Friday afternoon. Sterling took over centre stage from the mid-week ‘’buy the fact’’...

Opinion – Friday 21 September 2018

Risk-on persists with the Dow and S&P hitting new all-time highs on light volume. The markets were helped by US data set signalling positive momentum, Treasury yields little changed but the USD continues its recent retreat. The EUR/USD finally broke and closed...

Opinion – Thursday 20 September 2018

It has been a modestly positive past 24 hours for risk assets, higher US Treasury yields boosted US banks, but US Tech shares underperformed. The USD is little changed in Index terms while Emerging Market FX recovery continues helped along by Chinese premier Li...

Opinion – Wednesday 19 September 2018

The Australian Dollar is the best performing G10 currency over the past 24 hours in the wake of President Trump announcing a tariff rate of 10% on an additional $200b of Chinese imports, to come into effect on September 24. That 10% rate is to rise to 25% from the...