US briefing – Where do we stand?
Japanese, South Korean and Chinese markets were closed today, with the latter commencing the week-long lunar new year holiday. Singapore will be off tomorrow, and the lunar new year holiday…
Read More »US Dollar Outlook: EUR/USD Under Pressure as Volatility Ramps
EUR/USD price action edged notably lower on Wednesday amid broad-based US Dollar strength as volatility spiked and Fed Chair Powell cautioned markets about a slowing economic recovery.
Read More »Events to Look Out for Next Week
2021 has started and even though it is set to be far better than 2020, January remains as stormy and volatile as its predecessor. In the week ahead, the markets…
Read More »FX Update – September 7 – Sterling Centre Stage
GBPUSD, H1 A sleepy market was stirred by a drop in the Pound, prompted by reports, initially by the FT, that the UK government is planning to unpick parts of…
Read More »The “big” day
With all eyes on Powell, FX markets traded within a narrow range overnight. GER30 and UK100 futures meanwhile are both up 0.1%, while US futures are slightly in the red…
Read More »Events to Look Out for Next Week
Moving into a new week, the focus is now squarely on 2 days Jackson Hole Symposium. Uncertainty over the virus and recovery front, on the EU-UK trade negotiation front and…
Read More »Japan – Jibun Bank/Markit July PMI Services 45.4 (prior 45.0) and Composite 44.9 (prior 40.8)
P Comments from Markit: The ‘ dependent on the virus’ viewpoint is a constant caveat, as Fed Chair Powel said last week, almost the same as Markit here:
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