Opinion – Friday 14 August 2015

Further weakness in oil prices, a more settled Chinese renminbi and a solid US July retail sales report caught the market’s attention yesterday. News of disruption to the major Chinese port of Tianjin after the explosion Wednesday has not so far affected the outlook...

Opinion – Thursday 12 August 2015

It’s getting interesting. And it is likely to remain that way for a little while yet. China’s move to a more market orientated currency is causing volatility and uncertainty and it might take a while until there is clarity. There are two sides to the story and until...

Opinion – Wednesday 12 August 2015

Markets are a little wary of the implications of China’s devaluation yesterday, combine that with uncertainty around the Fed’s upcoming interest rate hike and mix in European/American summer liquidity and you have a slightly uneasy, conflicting set of market moves...

Opinion – Tuesday 11 August 2015

With just over a month to go until the Sep 18 FOMC meeting announcement, Fed speakers remain right under the spotlight. Yesterday we heard from two, Denis Lockhart, Atlanta Fed President and voter and Stanley Fischer, no 2 at the Fed each with their own perspective....

Opinion – Monday 10 August 2015

On Friday the US dollar failed to sustain the gains seen in the immediate aftermath of a US Employment Report best described as solid but not spectacular. This meant that the AUD finished the week up at 0.7420 having been as low as 0.7260 earlier in the week. US...

Opinion Friday 7 August 2015

Interest yesterday in what the BoE Governor had to say after their latest meeting and how “hawkish” he might be, focus of course also in their forecasts in the latest Quarterly Inflation Report. Was it more or less likely they would get over the line with lift-off...