Further White House Turmoil Hits MarketsMar 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.
A Mixed Night for the Markets but Key Data AheadMar 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.
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.
Dollar Gains as Trump Signs Tariffs, BOJ and Non Farms Payrolls TodayMar 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.
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 Hit as Trump Adviser Cohn ResignsMar 7, 2018 - By Nick Twidale
Volatility continues to return to financial markets with more news out of the US causing moves either side in the last few sessions. We’d originally seen the ‘risk on’ trades come back well during the later part of yesterday’s trading as fears continued to subside with regard to the proposed US tariffs.