Trump Comments Again Hit the MarketsJul 20, 2018 - By Nick Twidale
Asian markets are set to start the day on the back foot after the US session saw the major equity indices finish up in the red. Currencies saw some whipsaw volatility as President Trump turned his attention to his own central bank commenting that he wasn’t thrilled with the Fed raising rates.
Stocks and Dollar Rally After Powell TestimonyJul 18, 2018 - By Nick Twidale
We saw stocks and the dollar rally strongly after Fed Chief Jerome Powell’s first Semi-annual Monetary Policy Report to the Senate Banking committee last night.
Dovish ECB Smashes EuroJun 15, 2018 - By Nick Twidale
It’s been a huge week for the markets already, most of us have already put Tuesday’s US – North Korean summit to the back of our minds and are now digesting 2 crucial central bank meetings and a host of tier 1 data.
Fed Hikes as Expected and is Looking at MoreJun 14, 2018 - By Nick Twidale
As expected the Fed raised interest rates by 25bps this morning and more crucially signalled that there are another 2 on the way, most probably in September and December.
Markets Steady Ahead of Central BanksJun 13, 2018 - By Nick Twidale
The markets shrugged of yesterday’s excitement of the historic US – North Korean summit in Singapore swiftly as it moved it’s focus back to economic fundamentals.
Trade Concerns Continue to Dominate Market SentimentMay 21, 2018 - By Nick Twidale
We are set to see equity markets open strongly in Asia this morning after the US and China came to an agreement which has essentially ‘put the Trade War on hold’ according to US Treasury Secretary Steven Mnuchin. The US has agreed to hold off putting tariffs on Chinese goods for now and China has agreed to buy significantly more goods from the US, which will of course assist in reducing the US’s trade deficit. Although this solution does appear to be a step in the right direction from the markets point of view, investors will need to see proof that the practical aspect of the agreement (i.e. Chinese purchasing of US good increasing) is working, before concerns about global growth recede significantly.