Market Update – October 11 – Yields, US Dollar, and Oil on bid
The Treasury market and the Fed is closed today for Columbus Day, but Wall Street will trade. USD (USDIndex hold 94.00), Bonds and Stocks under pressure as the job report…
Read More »Market Update – October 8 – Yields Drive Higher Pushing USD & Stocks too
USD (USDIndex 94.30) holds at highs, Stocks & Oil move higher testing key technicals – Yields the driver (5yr at 1.0416% – Feb 2020 high) US debt ceiling extended by…
Read More »Dollar holds near 14-month high as gas whipsaws
Overnight Headlines *US stocks ended in positive territory after initially suffering heavy losses *USD advanced above 94 though closed off its high *Bitcoin surged through $53,000 to it highest level…
Read More »Energy spike concerns continue, dollar advances
Overnight Headlines *US stocks rebounded as tech bounced back, Vix inched lower *USD broadly firmer with yields pushing to new cycle highs *RBNZ hiked by 25bps as expected, market…
Read More »Commodities and oil hit new highs
Overnight Headlines *USD remained near recent highs above 93 *US stocks closed mixed after a volatile week *The Vix fell below 18 as risk sentiment improved *Oil is higher for…
Read More »Weekly Briefing | 17 September
Wall Street is fractionally in the red. There aren’t any fresh catalysts, or perhaps there are too many factors, to provide clear, strong direction. Central banks are in view with…
Read More »Equities find some support after a weak week.
USA30, H1 European stock markets are broadly higher, as are US futures. Asian markets closed mixed, after getting a late bid. China’s tech sector was once again hit hard by…
Read More »Market Update – September 10 – USD Slips, Asian equities rally
Market News USD (USDIndex 92.45) slips from highs as risk sentiment picks up as CB keep their foot on the pump. Biden & Xi had a “productive” 90min call, their…
Read More »Events to Look Out for Next Week
Optimism returned even as virus developments remain in focus. Hopes of reduced tensions between the US and China after a phone call between the leaders of the two countries added…
Read More »ECB review & US Market Open
Wall Street opens slightly lower, with futures for the three major indices all underwater. Sentiment has been aided slightly by the pandemic-low in initial jobless claims, though worries over the…
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