Opinion – 12 May 2016

The rise in oil prices yesterday were not enough to prevent a retail driven decline in US equity markets. The US Dollar was weaker across the board while a solid 10 year US Treasury Auction amid a cautious mood helped core Bond Yields move lower. Disappointing...

Opinion – 11 May 2016

The Commodity currencies have been the better performers over the past 24 hours on the back of a move up in world oil prices. WTI closed up 2.33% at $44.46 while Brent fared a little better, up 4.08% to $45.41. It was still a day of relatively contained currency moves...

Opinion – 10 May 2016

The US Dollar has continued its ascendancy with the US Dollar Index closing up for a fifth day in a row since it made its 91.80 low print last Monday. Meanwhile European and US equity markets treaded water fluctuating between small losses and gains. Energy and...

Opinion – 9 May 2016

The Australian Dollar has been by far the weakest G10 currency since the release of the soft Q1 inflation data a little under two weeks ago. Adding to the downward pressure – that has now seen AUD/USD lose 4.5% from pre – CPI levels – was last Thursday’s RBA...

Opinion – 6 May 2016

Yesterday was a quiet trading session with a number of European Markets closed for the Accession Day Public Holiday as the market goes on hold ahead of today’s important US Non – Farm Payrolls. The highlight yesterday was US Initial Jobless Claims, which...

Opinion 5 May 2016

The US Dollar has slowly, but surely continued its rebound while equities on either side of the Atlantic fell for a second consecutive day. In Europe, all equity sectors ended the day in negative territory while losses in the US were led by the energy and materials...