Tag: Bank of England (BoE)

No tariffs, now tariffs, what gives?

Monday September 17: Five things the markets are talking about The possibility of a new round on tariffs on Chinese goods is not helping equity markets this Monday morning. The ‘big’ dollar is holding onto Friday’s gains as investors try and acclimatize themselves to the ever-fluid trade situation that President Trump seems to be creating […]

Trade Tensions Return as US Tariffs on China Lift Dollar

The dollar bounced back on Friday, after a couple of economic indicator misses this week, the greenback is higher against all major pairs. Major pairs and commodities are lower against the greenback ahead of the weekend. The American currency did not manage to overturn the losses posted during the rest of the week. On a […]

Super Thursday, indeed

Super Thursday, indeed Super Thursday for some but a Topsy-Turvy one for others. Of course, much of that had to do with what side of the US dollar coin you were on. Hope springs eternal for emerging markets anytime the US dollar weakens and yesterday was no exception. As indeed the stars aligned for emerging […]

Erdogan hurts TRY ahead of CBRT decision

Thursday September 13: Five things the markets are talking about U.S. equity futures and euro regional bourses trade steady after the overnight Asian session put an end to its longest losing streak since 2002 on fresh hopes that the worlds’ two largest economies will again sit down and talk trade. The EUR (€1.1617) and the […]

Asia market midday market note

Hang Seng Index After a positive start during the morning trading session, risk continues to wobble on the heavily subscribed HSI. Don’t mistake short side profit-taking for a reverse in negative sentiment as this market is far from bullish on Asia risk. Despite positive developments on the US-China trade front, the playbook remains unchanged, and […]

Aussie rallies after strong jobs data

Aussie jumped after the economy added more jobs, while the US dollar extended its slide on hopes of more talks at the US-China trade war negotiating table.   Australia labor market remains strong Australia added a whopping 44,000 jobs in August, the second-highest monthly add in the last nine months. The fact the nearly all […]

CAD rallies on Nafta optimism

Wednesday September 12: Five things the markets are talking about It’s ‘hump’ day and despite the contained trading ranges across the various asset classes, investors have a lot to contend with, and strategize for, as we head towards the Autumn months which are expected to bring heightened volatility and risk aversion to financial markets. China […]

Channel one’s confidence

Channel  one’s confidence USDJPY and Emerging markets traded with a more positive tone overnight, although EM is hardly out of the weeds just yet, as US equity markets ignored a shaky start to finish higher on the day led by energy and telecom sectors. When the S&P markets rally in the face of higher global […]

BoE’s Carney to stay until January 2020 to smooth Brexit

Bank of England Governor Mark Carney will stay at the central bank an extra seven months until the end of January 2020 to help smooth Britain’s departure from the European Union next year, finance minister Philip Hammond told parliament on Tuesday. Carney had been due to step down at the end of June 2019 — […]