Opinion – Tuesday 12 September 2017

A broad risk on rally that started in the Asia continued after I posted yesterday morning driven by expectations of a lower damage bill from Hurricane Irma and the absence of geo-political headlines with North Korea not launching an ICBM on Saturday as many had feared...

Opinion – Monday 11 September 2017

US Stock Indices closed in negative territory on Friday, but are trading higher this morning after Hurricane Irma largely spared Miami after the hurricane was downgraded to a Category 3 storm. US Treasury Yields rose while the Canadian Dollar was soft  after a mixed...

Opinion – Friday 8 September 2017

Yesterday we had the ECB Meeting which resulted in another move higher in the Euro (+0.9% to 1.2023) and this rally has continued overnight with the Euro now trading at new highs for the year at 1.2080, while German Bund yields closed lower (-4.0bps to 0.31%). Those...

Opinion – Thursday 7 September 2017

The Canadian Dollar is the top performer following the Bank of Canada’s decision to lift Interest Rates by 25bps. Later in the session UST yields and the US Dollar got a lift following news that President Trump had accepted a Democrat’s deal to lift the debt ceiling...

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...