Opinion Thursday 26 November 2015

It’s 100 years ago today that Albert Einstein formally presented the results of his eight year study into gravity – the general theory of relativity. Good on you Albert. Meanwhile in the marginally less complex world of financial markets, the relativities of Fed and...

Opinion Tuesday 24 November 2015

The US Dollar got off to a cracking start this week, gaining against all the majors, and taking EUR/USD below 1.06 for the first time since April. Some oil-supportive comments helped to steady Commodity prices and proxy currencies later in the session. AUD bore the...

Opinion Thursday 19 November 2015

FOMC October meeting minutes are gabbling most of the headlines this morning, but ahead of that it was the latest fall in Oil prices – with WTI crude below $40 for the first time since 27 August – that captured much of the market’s attention and ensured that...

Opinion Tuesday 17 November 2015

In a relatively quiet session, the impact from the Paris attacks on Global markets has been fairly muted. The US Dollar is stronger against all G10 currencies with the Euro and NZD sitting at the bottom of the leader board. European and US equity indices have managed...

Opinion – Monday 16 November 2015

News of the multiple terrorist attacks in Paris and claimed by Islamic State came about 4.30pm New York time so after Futures Markets and US Stock Exchanges had closed for the week but before Spot FX and cash bonds had finished. FX rates were largely unchanged in the...

Opinion Friday 13 November 2015

Welcome to Friday the thirteenth. Caution is advised for anyone suffering from triskaidekaphobia. But anyone thinking ECB President Mario Draghi was going to be cautious in his comments about the potential for further easing actions on 3 December was very quickly...