Tag: Central Bank Watch

Economic Projections Key as Fed Seen Hiking Rates

Will a Fourth Hike in 2018 Be Included in New Projections? US futures are trading relatively flat ahead of the open on Wednesday, as we await the latest interest rate decision from the Federal Reserve. Markets have almost fully priced in a rate hike today which, assuming the central bank does as expected, should draw […]

Switching Hats 

Switching Hats  After rallying into the historic Singapore summit, stock indexes are little changed and for the most part, trading sideways as we enter the business part of the week. Dealers have switched hats, discarding well-worn geopolitical “Tams”, in favour of the lightly used central bank” Porkpie Hat” and taking dead-eye focus on the trio […]

Fed Hike Priced In But Market to Focus on Powell’s Words

The US dollar is higher against major currencies on Tuesday after American inflation came in better than expected ahead of the eagerly anticipated Federal Open Market Committee (FOMC) two day meeting. A 25 basis points rate hike has been priced in for months with the CME FedWatch showing a 96.3 percent probability of a lift […]

Market Reaction Muted After Singapore Summit

Trump and Kim Agree on Denuclearization It’s been a very interesting morning for financial markets, although the response in financial markets has been relatively muted under the circumstances. The Singapore summit with US President Donald Trump and North Korean leader Kim Jong Un went very smoothly and provided some optimism that a long-term peaceful solution […]

It’s showtime !

Enough with the speculation and all the teasers, it’s showtime!chil Not surprisingly it was a quiet session overnight despite the abundance of commentary and conjecture for today’s Trump-Kim Summit. FX interbank tapes indicated a staggering -45 % drop in electronic volumes as traders thought best to sit on their hands ahead of this week’s significant […]

Upbeat Markets Ahead of Busy Week

Investors Not Wobbled By G7 Trade Fallout The mood in financial markets is relatively upbeat at the start of a very busy week, as investors shrug off the G7 meeting which didn’t exactly go to plan as Donald Trump rejected the prepared communique and left early. While everyone will have hoped for a better outcome […]

MARKETS BRACE FOR “BUSIEST WEEK OF THE YEAR”( BFM Radio 89.9 KL)

MARKETS BRACE FOR “BUSIEST WEEK OF THE YEAR” Stephen Innes, Head of Trading in Asia-Pacific, OANDA, Singapore Also, Friday marks the deadline for the White House to finalise a list of tariffs on Chinese goods. Stephen outlines how market expectations are shaping up for the week ahead. Presented by: Sharaad Kuttan, Melisa Idris, Tan Chung […]

Calm before chaos but more likely the fear of the unknown.

Calm before chaos but more likely the fear of the unknown. But one thing that we do know for sure is the president’s uncontrollable need to defend his status is more apparent than any strategy when comes to bilateral trade negotiations. But, the far from harmonious Quebec summit confirmed deep-seated G6+1’s expanding policy fissures on […]

Market Scuttlebutt 

Market Scuttlebutt There’s a high level of circumspection associated with this weekend’s G7 meeting as President Trump prepares to enter the G-7 lion’s den. Usually, a non-event for markets but with all the focus on escalating trade tensions amongst long-standing G-7 allies, there’s a good reason for investors to be chary as this meeting is […]

OANDA Market Insights With Jazz FM – 8 June 2018

OANDA Senior Market Analyst Craig Erlam and Jazz FM Business Breakfast presenter Jonny Hart look back at the week’s business and market news. This week’s big stories: G7 talks weigh on markets, sterling falls on Brexit proposals, ECB remarks hit bonds. Dollar Struggles as Geopolitics and Central Banks Take Center Stage Risk Aversion Seen Ahead […]