Trade Balance Lifts Kiwi Morning Report: 08:30 London • This morning, markets are decidedly mixed after the US Federal reserve rejected the capital plans of five banks last night. Markets slumped at the close, but are staging something of a fight back this morning. […]
Confidence Returns As Crimea Goes Quiet Morning Report: 08:30 London • This morning, markets are holding yesterday’s gains after US consumer confidence hit a six year high and tensions in Crimea eased further. Moscow has for now got what it wanted – the Crimean peninsula and more importantly has done so in the face of […]
Silver Lining As Precious Metals Recover Morning Report: 08:30 London • Markets are extremely quiet this morning despite some overnight weakness from Asian markets. Stock markets are making no move to recover yesterday’s losses, while the Dollar Index is stable after reversing course yesterday. […]
Markets Push Higher Despite China Slowdown Morning Report: 08:30 London • This morning, financial markets are making early gains despite signs of a slowdown in China. HSBC Chinese Manufacturing PMI came in well below estimates, but stocks and commodity related currencies have shrugged this off to show some fight. […]
Markets Firm As Rally Holds Morning Report: 08:45 London • Markets have recovered after new Fed Chair Yellen’s difficult first week in the spotlight. Markets rallied into the evening and that sentiment is carrying over this morning. • Stock markets look set for a second straight day of gains, while the dollar index is holding […]
Messy Markets Post Fed Morning Report: 08:45 London • After a volatile reaction to yesterday’s Fed meeting and Yellen press conference, markets are messy this morning. Stocks are recovering from the morning lows and yesterday’s sell off while, the dollar index holds yesterday’s monster gains. […]
Traders Wait On Fed and Russia Morning Report: 08:45 London • This morning, financial markets have a slight positive edge as is often the case on the morning of a Fed day. At the very least, the market’s resilience in the face of the Crimea situation is impressive even as the first shots were fired […]
Gold Tumbles On Russian Declaration Morning Report: 08:45 London • This morning, as Russia recognises Crimea’s independence, financial markets are pulling back from yesterday’s relief rally. The referendum passed without incident and while the long term situation is still unclear, markets seem to only be concerned about the prospect of military action – something that […]
Markets Solid Despite Crimea Referendum Morning Report: 08:45 London • This morning, financial markets are putting in a good performance, with equities rallying and ‘risk-on’ FX pairs rising. The referendum in Crimea was almost a full gone conclusion and the result came in as expected. What markets were wary of what an explosive political reaction […]
Markets Steady After Sell-Off Morning Report: 08:45 London • This morning, markets are steady with a positive edge after heavy selling on stock markets & certain FX pairs. •The Australian and New Zealand dollars are still showing signs of stress however, after pulling hard back from the highs on Thursday. […]
Markets Climb Wall Of Worry Morning Report: 08:30 London • It is often said that bull markets climb a wall of money and if this is the case, it augurs well for the state of the current market. The S&P 500 is inching higher while commodities and commodity related currency push on despite poor Chinese […]
Markets Grid To A Halt On China Concerns Morning Report: 08:45 London • This morning, financial markets are tightening as concerns rise about China’s future growth potential. In a related move, copper futures have taken a beating as speculators bet that China’s growth and construction rate will start to slip. The S&P 500 futures are […]
Asian Markets Rise On BOJ Policy Morning Report: 08:45 London • This morning there has been no significant positive news overnight, but the absence of any significant bad news has helped Asian markets push higher this morning. The Bank of Japan monetary policy statement provided no surprises, but in the current environment – no news […]
China Data Ensures Poor Start Morning Report: 08:30 London • While the situation in Ukraine continues to stagnate, the other main market worry is rearing its head this morning – China. Chinese and Japanese economic data came in below estimates this morning, with exports a particular concern. • Stock markets have opened the week on […]
Aussie Pulls Ahead As Dollar Declines Morning Report: 09:00 London • This morning, the Australian and New Zealand dollars have extended their recent gains after big plunge in the dollar index yesterday. • Stock markets are steady at the highs while the dollar index continues to slip. […]
Australian Dolla Surge Morning Report: 08:45 London • This morning, the Australian dollar is blithely ignoring the tension in Ukraine and surging higher this morning after Australian retail sales and trade balance came in above estimates. The move has also seen the Kiwi dollar lift itself back towards multi month highs. • Elsewhere, stock markets […]
Yen pairs rise as Ukraine tensions ease Morning Report: 09:00 London • This morning, markets have continued to rebound from Monday’s shock sell off with commodities and commodity related currencies leading the charge. • Stock markets saw a huge rally yesterday and are now in danger of looking a little too hot. […]
Russia Pulls Back For Now… Morning Report: 08.45 London • What crisis? That seems to be the view of markets this morning as traders bet the situation in Ukraine will blow over. US stock markets are pushing back to towards the highs, while precious metals are giving up most of yesterday’s gains. Putin has ordered his […]
Ukraine Tensions Push Gold to Five Month High Morning Report: 08.45 London • This morning, escalating tensions in the Crimea and Ukraine have pushed gold to its highest level for five months. As Russian forces essentially occupy the Crimean peninsula, diplomatic tensions are rising as the US warn of consequences, while Russia looks after its strategic […]
Asia worries keep bulls under pressure Morning Report: 08.45 London • This morning, poor data from Japan and more selling for China’s currency have set a negative tone for the morning session. In addition, markets still have a ‘risk-off’ tone as the situation in Ukraine develops.• Stock markets are managing to cling to the highs, while the […]
Aussie Doubts Linger Morning Report: 08.40 London • Despite China enjoying a positive session this morning, the Australian dollar is in the doldrums. Private Capital Expenditure came in well below estimates, with its biggest drop since late 2010. The AUD/JPY is down 0.53%, with the AUD/USD down 0.40%. • The NZD/USD is performing well by contrast. […]
Chinese uncertainty contains markets Morning Report: 08.45 London • This morning, financial markets are still subdued after a lack lustre session on wall street and uncertainty over the direction that Chinese policy makers may be taking. The Chinese renminbi has now fallen for the seventh straight day despite the controls apparently placed on it by officials. […]
Chinese Currency Slumps For Sixth Straight Day Morning Report: 08.45 London • This morning, China is under renewed pressure as its currency slides for the sixth straight day. The move is putting pressure on commodities and commodity related currencies. • Silver is down 0.77%, while the gold is off by 0.18%. • The Aussie dollar is also […]
Markets slip on Chinese lending slowdown fears Morning Report: 08.45 London • This morning, financial markets have a slight negative edge on fears that Chinese banks are pulling back lending to the real estate sector. The S&P 500 is caught in a trading range, not helped by ongoing uncertainty in Ukraine. • On FX markets, the […]
Markets march on after volatile week Morning Report: 08.45 London • Markets are mixed this morning with various cross winds buffeting market dynamics, but ultimately the bull run in equities appears to be still in rude health. The S&P 500 is no set for its highest close since the end of January, while the dollar index […]
Slowdown fears spook markets Morning Report: 08.45 London • This morning, financial markets are on the back foot after Chinese, French and then German manufacturing figures all came in below expectations. The S&P 500 fell heavily last night and is seeing some follow through selling, while the dollar index is bidding higher. • The big movers […]
Dollar pairs slip back Morning Report: 08.45 London • . This morning, financial markets generally have a negative bias after the effect of the US storms start to be revealed. Stock markets are just about holding gains, while the dollar index continues its down swing. • Commodities are on the back foot, with Silver experiencing some major […]
Commodities Slip as China Takes Action Morning Report: 08.30 London • This morning, China acted in a surprising manner to head off a boom in lending by draining liquidity from the system. The move has caused precious metals to fall heavily, with the Australasian currencies also under pressure. • Silver is off by 1.28%, with gold […]
Japanese GDP estimates hit sour note Morning Report: 08.30 London • This morning the yen pairs are on the rise as a risk averse environment sees money flow back into the yen. Ironically this is happening on the back of below par Japanese GDP figures and a slump in revised industrial production. • The GBP/JPY is […]
Silver Hits Winning Streak Morning Report: 08.30 London • Markets have a slight negative bias this morning, though are generally holding recent gains thanks to in line Chinese inflation figures. • Commodities are doing very well this morning thanks to an off colour US dollar. Silver has reached its highest level since November, while gold continues […]
