Opinion – Thursday 26 July 2018

US equities have closed higher, getting a late push into the close after a post-meeting press conference with President Trump and the EU’s Juncker, the bonhomie between the two also evident earlier as the talks began with flattering comments from each. The USD has...

Opinion – Wednesday 25 July 2018

Global equities recorded gains yesterday boosted by a positive lead from Asia with the Shanghai Composite leading the way following the announcement of additional stimulatory measures from China late on Monday. US earnings results also boosted US equities, although...

Opinion – Tuesday 24 July 2018

Bond markets have grabbed the primary attention of markets, centred on Japan for once, while in currency markets, the USD has made up some net ground, if assisted by weakness in the AUD and NZD stemming from weakness in the Chinese yuan. Bond markets in recent times...

Opinion – Monday 23 July 2018

President Trump turned the heat on again on Friday, threatening to increase trade protectionist measures against China, calling out currency manipulators and also had another go at the Fed for raising rates while others continue to ease. Kudlow, Trump’s economic...

Opinion – Friday 20 July 2018

US President Trump’s interview with CNBC, which aired early afternoon New York time enlivened markets in which he opined to not being happy about recent Fed rate rises, has brought the US dollar to heal after having just posted a new one year high above 95.50 in DXY...

Opinion – Thursday 19 July 2018

Equities ex tech shares and commodities have had a decent past 24 hours with Morgan Stanley leading the gains in financials. Soft US Housing data and a less hawkish Fed Chair Powell combined to drive a small steepening of the UST curve. The USD struggled to retain...