Opinion – Wednesday 6 September 2017

Markets are now on high alert due to the potential destruction of much of this year’s Florida citrus crop as Storm Irma threatens to make landfall in southern Florida this weekend. Orange juice futures closed limit up in Chicago and one investment analyst is...

Opinion – Tuesday 5 September 2017

There are plenty of news stories about the muted reaction from markets to the latest escalation on the Korean peninsula. The AUD dipped ever so briefly at the open yesterday but even that modest move was short lived and rather slight in magnitude. How indeed to price...

Opinion- Monday 4 September 2017

Well nothing like a Hydrogen bomb to get people’s attention. After a risk positive trading session on Friday, news on Sunday that North Korea successfully tested a more advanced nuclear weapon has this morning triggered a bid for safe haven currencies (JPY and CHF)...

Opinion – Friday 1 September 2017

It was another FX dominated session with the standout performer being the Canadian Dollar, up 1.1% after stellar Q2 GDP figures. For Canada it seems that the markets have now fully priced another rate hike by the Bank of Canada by the end of the year with a 41% chance...

Opinion – Thursday 31 August 2017

The US Dollar rose 0.6% across the board since I posted yesterday morning in reaction to stronger than expected US GDP growth and a stellar ADP Payrolls print. Equities were also supported, up 0.5% in US and Europe. The upwardly revised GDP figures are the first hints...

Opinion – Wednesday 30 August 2017

The “risk off” sentiment that overshadowed markets after the launch of yet another missile from North Korea did not even last 24 hours. Most stocks were in the red, mirroring Asia, risk currencies such as the Aussie and NZD were somewhat lower (the AUD/USD did not...