Wobble Gains Momentum Morning Report: 09.00 London • You can take your pick for an explanation of Thursday’s sell off – A reaction to the prospect of higher interest rates, fear over Portugal’s BES or Argentina’s default? Whatever the reason, there’s no denying the sentiment – The S&P 500 slumped with its biggest sell off since […]
GDP Sends Dollar To Highs Morning Report: 09.00 London • This morning, the dollar index continues to dominate following yesterday’s surge on the back of economic data. US advance GDP came in well above estimates, while the US continued their tapering operations as widely expected. This paints an improved picture of the US economy, with rate […]
Dollar Dances Its Own Tune Morning Report: 09.00 London • This morning, the dollar index has continued it’s ascent, with knock on effects across currency pairs. […]
Dollar Holds Highs Ahead of Fed Morning Report: 09.00 London • This morning, the US dollar continues to dominate currency flows ahead of this week’s Federal Reserve statements tomorrow and Non Farm Payrolls on Friday. […]
Busy Week For a Boring Period Morning Report: 08.45 London • We have a busy week ahead in what Citi are calling a ‘boring month’. So far though markets are still in their summer recess, with the main pairs baring moved from Friday’s close. […]
Markets Pause At Highs Morning Report: 08.45 London • Markets have paused this morning, with the S&P 500 pulling back from the highs. We’re seeing similar movements on the US dollar which fell just short of the 2014 highs yesterday. […]
Dollar Heads For 2014 Highs Morning Report: 08.45 London • This morning, the dollar index hit its highest levels since June, though is pushing back slightly from those highs. The S&P 500 by contrast broke through resistance last night to hit a new record high. […]
Aussie leads as markets regain highs Morning Report: 08.45 London • The Australian dollar is pushing higher this morning, leading markets upwards as the S&P 500 made a new intra-day high yesterday. […]
Markets Advance Despite Tensions Morning Report: 08.15 London • This morning, markets continue to shrug off ongoing geopolitical tensions, keeping the S&P 500 within touching distance of record highs. At the same time, the dollar index is well above trend, pushing for its highest levels since the start of June. […]
Markets Eye Ukraine Developments Morning Report: 08.15 London • This morning financial markets are extremely quiet after the volatility seen late last week. The S&P 500 is holding at the highs and the dollar index is maintaining its up trend, but so far market traders are unwilling to make a big move. […]
Mild Rally After Jet Crash Morning Report: 08.15 London • Markets are staging a mild recovery this morning after heavy selling since mid Spring for financial markets yesterday. Geopolitical tensions have risen following the downed Malaysian plane in Ukraine and a ground offensive by Israel in Gaza. Added to this, the economic releases and news flows […]
Gold Enjoys Rally As Pressure Eases Morning Report: 08.15 London • Asian markets enjoyed another positive session this morning, but so far this hasn’t translated into further gains for the S&P 500. […]
Markets Unmoved By China Data Morning Report: 08.15 London • Markets are strangely unmoved this morning despite better than expected Chinese data in the early hours. The S&P 500 is nudging higher, but not by a significant amount. […]
Dollar Puts Pressure On Morning Report: 08.15 London • Markets are mixed this morning as the S&P 500 holds at the highs, while the dollar index maintains its recent strong run. […]
Gold Struggles On Bastille Day Morning Report: 08.00 London • This morning, financial markets are mixed, with commodities suffering and stock markets rebounding. The S&P 500 is on the rise again in early trading, while the dollar index finds new support.. […]
Gold Struggles On Bastille Day Morning Report: 08.00 London • This morning, financial markets are mixed, with commodities suffering and stock markets rebounding. The S&P 500 is on the rise again in early trading, while the dollar index finds new support.. […]
Euro Shrugs Off BES Concerns Morning Report: 08.45 London • Markets are sleeping this morning as the market heavyweights eye their summer holidays in the Hamptons. The S&P 500 is making a small recovery after yesterday’s volatility, but movement across the board is slight. […]
Aussie Catches China’s Cold Morning Report: 08.45 London • Markets are once again under selling pressure after Chinese trade balance data came in well below estimates. • This is hitting the Australian dollar hardest, with the AUD/JPY down 0.53% and the AUD/USD off by 0.39%. […]
Markets Cautious As China Slips Morning Report: 08.45 London • This morning, financial markets are on the back foot after heavy selling yesterday. This morning’s pressure comes after Chinese inflation landed below expectations. […]
Is The Euro ‘Crazy?’ Morning Report: 08.45 London • Markets are mixed this morning as equities dip slightly and commodity pairs rebound. The S&P 500 saw some decent selling pressure last night and this is carrying over into the morning session. […]
Markets Hit Summer Slumber Morning Report: 08.45 London • Markets are dozing in the summer heat this morning as volatility and volumes drop off. There is a slight negative bias as markets drift, but this could easily be erased as news items come in through the day. • The S&P 500 is unchanged at the highs, with […]
US and Europe In Different Orbits Morning Report: 08.45 London • If there was ever a day that highlighted the different trajectories of Europe and the US, yesterday was that day. The ECB rate decision came in unchanged on Thursday and the accompanying press conference offered few surprises, but what it did do was to underline […]
Aussie Hits Reverse Gear Morning Report: 08.45 London • The Australian dollar has hit a brick wall this morning after retail sales came in well below expectations. In addition to this, Chinese non manufacturing PMI continues to stick stubbornly to the 55.0 region – growth but not exactly red hot. • The AUD/USD is off by 0.75%, […]
Aussie hits reverse on trade balance miss Morning Report: 08.45 London • The Australian dollar is the big mover today, reversing yesterday’s gains after trade balance data came in much worse than expected. The AUD/USD is off by 0.33%, with the AUD/JPY down by 0.41%. […]
China On Message For Aussie Rally Morning Report: 08.45 London • This morning, the Australian dollar is leading currencies higher after Chinese economic data came in as expected. In addition, there were no surprises in the RBA rate statement, helping the AUD/JPY to rally 0.42% so far and the AUD/USD 0.26%. […]
Aussie Slips As Home Sales Falter Morning Report: 08.45 London • This morning, markets have a positive bias with the exception of the Australian dollar which is is slipping back so far. […]
Pound Slips Back After FSB Morning Report: 08.45 London • Financial markets are on the back foot this morning with the dollar index also continuing it’s downturn. • The yen pairs […]
Pound Slips Back After FSB Morning Report: 08.45 London • Financial markets are on the back foot this morning with the dollar index also continuing it’s downturn. • The yen pairs […]
Will Carney Bring Uncertainty Or Clarity? Morning Report: 08.45 London • Markets are generally neutral this morning, with the British pound the currency seeing the most early speculation. Carney surprised many people earlier this week by appearing to backtrack on earlier rate hike rhetoric. Today he has the chance to redress the balance, with a speech […]
Markets Slips On Asia Data Morning Report: 08.45 London • Markets have slipped again over night, with some follow on selling from Wednesday’s bear slump. Ongoing violence in Iraq and a perceived lack of urgency in Iraqi leaders is thought to be behind the move. […]
