- Mar 19, 2018 - By Nick Twidale
The markets finished the week well on Friday with the US equity markets finishing the day higher for the first time in a week and the dollar also back on the front foot in line with the UST 10yrs which also posted higher.
- Mar 15, 2018 - By Nick Twidale
The markets were relatively quiet throughout yesterday’s trading and have once again finished the day on that back foot after poorer than expected Retail Sales data out of the US – the last major economic indicator before next week’s Fed meeting.
- Mar 14, 2018 - By Nick Twidale
Once again geo-political factors and more specifically, political wrangling at the White House has hit the global markets. President Trump fired Secretary of State Rex Tillerson and is set to appoint CIA chief Mike Pompeo in his place.
- Mar 13, 2018 - By RSA HQ
It was a mixed day yesterday across the financial markets as investors continued to digest the data out of the US on Friday with little in the way of fresh data being released. The Asian markets picked up where the US had left off on Friday night on a more positive note, but things tapered off as the day progressed and the US stock markets finished the day on the back foot.
- Mar 12, 2018 - By Nick Twidale
We saw some big headline numbers out of the US with the NFP print coming out at +313k against the market expectation of +205k, however, the Average Hourly Earnings numbers and Unemployment Rates both came out 0.1% worse than expected. As usual we saw some swift moves after the data release and the dollar had a very short rally before retreating for the rest of the session.
- Mar 9, 2018 - By Nick Twidale
The US dollar had a strong day yesterday as two major risk events combined to help it drive higher against all the other major currencies with the exception of the Cad. The main reason for the strong rally was President Trumps signing of the tariff proclamation on imported Steel and Aluminium with a crucial caveat that close neighbours Canada and Mexico were excluded.