Markets Still on the Back Foot as US Data DisappointsMar 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.
Mixed Non Farm Number Hit the MarketsMar 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.
Markets Steady Ahead of ECBMar 8, 2018 - By Nick Twidale
The markets were actually fairly calm yesterday after wearing the early storm from Gary Cohn’s resignation, White House officials helped steady the ship during the US session by suggesting that there are actually possible exemptions for certain countries with Canada and Mexico topping the list.
Markets Recover as Trade War Tension EasesMar 6, 2018 - By Nick Twidale
We saw a good recovery in the equity markets yesterday after they’d experienced several tough sessions on the back of proposed tariffs from the US. The Dow finished the day up 1.37% with the S&P not far behind at 1.1%.
Trump Tariff Plans Rock the MarketMar 2, 2018 - By Nick Twidale
We saw some volatility towards the end of the trading day yesterday as President Trump announced plans for tariffs on Steel and Aluminium. We’d seen further appreciation in the dollar for most of the day before he announced plans for tariffs of 25% on steel and 10% on aluminium
Dollar recovers after NY terror attackDec 27, 2017 - By Nick Twidale
We had a couple of big events that moved the markets yesterday on what many had predicted to be a quiet start to the week. An attempted terrorist bomb attack in New York City during the commuter rush hour fortunately resulted in very low injuries and no fatalities but we did see some safe haven buying across the currencies.