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.
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.
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 Surges After More Hawkish Powell CommentsFeb 28, 2018 - By Nick Twidale
We had the much awaited first hearing for new Fed Chair Jerome Powell overnight and he did not disappoint the dollar bulls in the market. As expected the actual report was very much in line with the recent Fed party line being but in the Q&A session afterwards he advised that his” personal outlook for the economy has strengthened since December”.