Stocks Up and Dollar Off on Fed CommentsAug 27, 2018 - By Nick Twidale
The dollar dropped off and the stock markets rallied in the US session on Friday as Fed Chair Jerome Powell indicated that the FOMC won’t accelerate the pace of rate hikes.
Fed Remains on Course for Another Hike – Aussie Hit on Political TurmoilAug 23, 2018 - By Nick Twidale
We’ve seen a bit more consolidation across global markets over the last few trading sessions as the market has digested political machinations in both the US and Australia but remained hopefully optimistic on global trade.
Fed Holds Steady As Expected – Markets Follow SuitAug 2, 2018 - By Nick Twidale
Asian markets are set to start the day on the back foot as the FOMC meeting came and went in line with general market expectations and had little affect on overall sentiment.
Quiet Day Ahead of a Huge Week for Financial MarketsJul 30, 2018 - By Nick Twidale
Asian markets look set to start the week in the red as the US indices had a poor day on Friday with the tech stocks in particular looking weak and the Nasdaq finished down 1.46%.
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.