Opinion – Tuesday 17 October 2017

It has been a quiet start to the week, but of note the US Dollar is slightly stronger across the board and commodities also had a good trading session. Higher US Treasury Yields have contributed to the USD outperformance and US equities managed to eke out another day...

Opinion – Monday 16 October 2017

It has now been six from seven in terms of core US CPI undershooting expectations (six months at 0.1% including Friday’s September print and just one at the 0.2% consensus estimate that has prevailed for each of these seven months). So core CPI rose by just 0.7% in...

Opinion – Friday 13 October 2017

Yesterday was another trading session marked by generally limited moves in currencies – the Pound the exception – Bond Yields have been steady-to lower on net, equities down smalls with commodities mixed. Oil has given up some of the gains from earlier this week, iron...

Opinion – Thursday 12 October 2017

Tight ranges were seen ahead of the FOMC Minutes release and there has been a fairly muted reaction post. The US Dollar remains on the back foot, US Treasury Yields are still in a tight range and US equities continue to eke out small gains. The Fed remains data...

Opinion – Wednesday 11 October 2017

It has  been a mix of events in the UK (better data), Europe (no immediate declared Catalan independence from Puigdemont) and the US (Trump tax politics and a softer NFIB report) that have provided the background for limited currency moves over the past 24 hours. The...

Opinion Tuesday 10 October 2017

Markets were quiet yesterday given the Columbus Day Holiday in the US. Equities were flat (S&P500 -0.2%), the US Dollar was marginally lower (DXY -0.2%), while the US Bond market was closed (note futures were open but with little movement). Markets it seems are...