Opinion – Wednesday 20 June 2018

In the FX space, most of the price action of the past 24 hours took place during APAC time in the aftermath of the announcement during the night that President Trump had called for a list of $200bn of Chinese imports to be subject to an additional 10% tariff. He said...

Opinion – Tuesday 19 June 2018

No new news on the US-Sino trade front along with no first tier data releases had resulted in a relatively quiet session for markets but that has all changed overnight after US President Trump threatened China with new tariffs of up to $200bn. European equities had a...

Opinion – Monday 18 June 2018

Friday’s news cycle was dominated by President Trump’s decision to go ahead with tariffs on $50bn of Chinese goods ($34bn straight away, $16bn subject to representations by affected US firms) and China’s immediate tit-for-tat retaliatory response. US equities held up...

Opinion – Friday 15 June 2018

There have been some big FX moves over the past 24 hours centred around the Euro and the USD in the wake of the Fed announcements yesterday coming with a hawkish leaning, followed yesterday afternoon with the formal (and expected) ending of ECB’s Asset Purchase...

Opinion – Thursday 14 June 2018

Market responses to the Fed 7.00 PM London time pronouncement has been clouded by news very soon thereafter that President Trump will tomorrow unveil a list of up to $50bn worth of imports from China to be hit with tariffs. Not that this is really ‘’new news’’ but it...

Opinion – Wednesday 13 June 2018

Lack of concrete outcomes from the Trump-Kim summit keeps market suspicious on whether any meaningful steps towards peace has been achieved and ahead of the Fed and ECB decisions markets have treaded water over the past 24 hours. Equities are mixed, the UST yield...