Archives

 Market Pause Morning Report: 9.00 London • Markets are taking are pausing for breath this morning, with the dollar index still holding the highs and the S&P 500 poised to break to even higher levels.                                             […]

 Market Pause Morning Report: 9.00 London • Markets are taking are pausing for breath this morning, with the dollar index still holding the highs and the S&P 500 poised to break to even higher levels.                                             […]

Global Growth Prospects Diminish Morning Report: 7.15 London • This morning, markets are on the back foot on signs that global growth may still be struggling. In the early hours of the morning, Australian GDP grew much less than expected, while Spanish PMI saw its lowest rise for more than a year. Unsurprisingly, the dollar […]

Gold Briefly Glitters Morning Report: 7.15 London • Precious metals are heading back down again this morning after a short term surge yesterday. Commodities across the board are following suit.                                                         […]

Commodity Rout Continues Morning Report: 7.15 London • This morning, commodities are continuing their recent sell off, dragging commodity related currencies with them. The Australian dollar is down 0.73% against the US dollar and 0.60% against the yen. Meanwhile, the NZD/USD is down 0.26% and the USD/CAD up 0.19%.               […]

Japanese yen pressuredas inflation dips Morning Report: 7.15 London • This morning, the Japanese yen is under pressure once again after Japanese core inflation dropped just weeks ahead of crucial elections for PM Shinzo Abe. The USD/JPY is up 0.18%, with many other yen pairs following suit.                   […]

Aussie Rallies As China Loosens Morning Report: 08.30 London • This morning, the Australian dollar is the big mover after China acted to loosen monetary policy further by scrapping repo sales. The move has pushed the AUD/USD higher by 0.74%, the AUD/JPY by 0.57% and the NZD/USD up 0.48%.                 […]

UK GDP In Focus Morning Report: 08.30 London • Markets are a real mixed bag this morning, with no real dominant trend to speak of. The major trends of the last few weeks are still holding, with the S&P 500 and dollar index set at the highs.                     […]

Risk Appetite Wanes Morning Report: 08.30 London • This morning, general risk appetite appears to be waning as the Japanese yen returns to strength. The main yen pairs are slipping back significantly after this morning’s speech from BOJ governor Kuroda.                                     […]

Dollar Heads For The Highs Morning Report: 08.30 London • This morning, markets are quiet, a mood influenced by a public holiday in Japan today. Stock markets are pausing at the highs, while the dollar index is on the cusp of breaking higher.                             […]

Yen Rebounds Ahead of Elections Morning Report: 08.30 London • This morning, the Japanese yen has rebounded amid speculation that the currency has fallen too far too quickly. The GBP/JPY is once again under performing other pairs, falling 0.58%. The USD/JPY is down 0.56%, with the EUR/JPY off by 0.49%.               […]

Yen slumps to seven year low Morning Report: 08.30 London • This morning, the Japanese yen has continued to dominate currency movements, slumping to a seven year low against the US dollar. The main yen pairs are all trading at recent highs, led once again by the EUR/JPY.                   […]

Abe Puts His Reputation On The Line Morning Report: 08.30 London • This morning, yen pairs are pushing higher again after Japanese PM Abe put his reputation on the line by calling snap elections. Markets like the prospect of this, with both the Nikkei rising and yen pairs nudging higher as risk appetite increases.      […]

Japan Recovers On Tax Hike Delay Hope Morning Report: 08.30 London • This morning, Japanese markets have stabilised on hopes of a delay to the planned tax hike and the prospect of a snap election. The moves has helped investors regain their confidence, easing demand for the yen, with the USD/JPY and other yen pairs heading […]

Yen Rallies On Japan Recession Morning Report: 08.30 London • In the late hours of Sunday night/Monday morning, the Japanese economy dropped some unexpected news. Instead of its economic activity increasing by 0.5% in the last quarter, GDP actually dropped by 0.4%. This formally slides the Asian powerhouse back into recession for the fourth time since […]

Germany Avoids Recession…Just Morning Report: 08.30 London • This morning, stock markets are once again mired in a trading range at the highs, while the dollar index holds above its moving average.                                                     […]

Pound Stumbles After Employment Miss Morning Report: 08.30 London • This morning, the S&P 500 is continuing to trade within a tight range, slowly working off recent over bought conditions. The dollar index is slipping lower, but still holding around the highs.                               […]

Markets Pause At Highs Morning Report: 08.30 London • This morning, the S&P 500 is pausing after making yet another record high last night. The dollar index is also slipping back against the recent bull run.                                             […]

Dollar Back In The Driving Seat Morning Report: 08.30 London • This morning, the US dollar is back in the driving seat after weak Japanese data this morning and speculation that Japanese PM Abe’s sales tax hike will have to be delayed. The move puts the dollar index back near the highs and the S&P 500 […]

In Line China CPI Boosts Markets Morning Report: 09.00 London • This morning, markets are steady after Chinese CPI came in as expected. The move has stabilised stock markets, but putting pressure on the US dollar index.                                           […]

Aussie Rallies On Employment Data Morning Report: 09.00 London • This morning, stock markets are reaching for fresh highs ahead of today’s big Non Farm Payrolls data. At the same time, the dollar index is holding after pushing higher yet again yesterday.                               […]

Aussie Employment Impresses Morning Report: 09.00 London • This morning, the Australian dollar is riding high after impressing with better than expected employment change data. The New Zealand dollar is pushing higher in sympathy.                                                 […]

Republican Senate Control Boosts Markets Morning Report: 09.00 London • This morning, the dollar index and S&P 500 have regained their confidence after Republicans took control of the Senate last night. This market friendly result helped the dollar index and the S&P reach for the highs again.                     […]

Aussie Looks on The Bright Side Morning Report: 09.00 London • This morning, markets have paused, with both the S&P 500 and dollar index reversing some of the recent bull run.                                                       […]

Yen Pressure Resumes Morning Report: 09.00 London • This morning, the Japanese yen has continued to exert its influence over current movements despite a public holiday in Japan today. The USD/JPY gapped higher in early trading, dragging most other yen pairs higher. The USD/JPY is up by 0.39%, with the GBP/JPY up by 0.30%.      […]

Yen Slumps On BOJ Action Morning Report: 09.00 London • The yen is the big mover this morning after the Bank of Japan surprised many by announcing an aggressive round of easing activities. The move sent the yen pairs shooting higher, with the USD/JPY rising to its highest level in six years. There was a perfect […]

Dollar Roars On Interest Rate Speculation Morning Report: 09.00 London • The dollar is still dominant after rising sharply yesterday. The dollar shot higher yesterday following the latest FOMC statement that was widely interpreted as hinting at an interest rate hike is closer than expected. That momentum is carrying over this morning, forcing the major dollar […]

Markets Buoyed by US Consumer Confidence Morning Report: 09.00 London • Markets appear to have regained their appetite for risk taking after US consumer confidence surged to its highest level in seven years last night. The move pushed Stock markets back above the psychologically important 50 day moving average, helping to erase much of the losses […]

Markets Optimistic Despite QE Withdrawal Morning Report: 09.00 London • Markets are on the rise this morning, despite the prospect of a formal end to the Fed’s Quantitative Easing program that has supported the bull run for the best part of five years. The S&P 500 is on the rise, while the dollar index dips lower.  […]

Markets Shrug Off Euro Stress Test Morning Report: 09.00 London • This morning, markets are mixed with the S&P 500 broadly unchanged and the dollar index backing off slightly. This week also marks the final tranche of the Fed’s asset purchase program.                               […]