Tag: Central Bank Watch

Asia market update

Oil update After hitting a massive speedbump over the past 48 hours or so, Oil investors are dipping their toes back into the no less certain waters as risk has tentatively stabilised. But prices remain very firm even after DOE reported a larger-than-expected build suggesting a bit of discount in the numbers as refinery maintenance […]

Not quite Goldilocks

Not quite Goldilocks Not to state the apparent but markets are finding themselves in a total state of discombobulation as we mercifully head towards the weekend. There have been multiple train wrecks over the past 24 hours, and the continuous wall of worry around US yields and US-China tension still weighs on equity sentiment. Goldilocks? […]

European open – Trump attacks Fed as markets tank

Bloodbath in Markets as Trump Points Finger at the Fed European stocks are set to become the latest casualty in the global sell-off that has rattled markets over the last 24 hours, as investors worry about the potential for a sharper correction on the back of rising bond yields. It’s been something of a bloodbath […]

Asia Market Update :Worst case scenarios abound

Local traders remain the huge sellers of risk but are now pricing in worst case scenarios  *Japan Securities Clearing Corporation (JSCC): Emergency margin call triggered for Index Futures trading *South Korea closely monitoring markets Oil Update Brent crude continues moving sharply lower on today triggered by the deeper sell-off on global equities on concerns rising […]

High hopes give way to steeper slopes

High hopes give way to steeper slopes The markets are fraught with peril as the focus not too unexpectedly remains on US equity and bond markets. And while there is not one plausible explanation for the latest equity tumult, the horrible intersection of risk aversion due escalating US-China tensions and rising US rates has spooked […]

Dollar Loses Momentum as Stocks Drop Awaiting Inflation Data

The EUR/USD rose 0.42 percent on Wednesday. The single currency is trading at 1.1539. The surge was due to positive Brexit comments but was limited as Italian budget drama continues. As the deadline for a final divorce agreement between the UK and the EU nears there has been a lot of talk of getting closer […]

European open – Brexit reports provide early liif

Robbins and Barnier make progress on Irish border A relatively mixed session in Asia overnight has provided little direction for Europe markets ahead of the open on Tuesday, although it would appear investors haven’t been short of news flow to get their teeth into. Reports overnight that “meaningful progress” has been made between Theresa May’s […]

Another ominous Yuan fix?

The Yuan Another ominous signal from this mornings Yuan fix has sent Yuan bears into action. While the counters cyclical mechanism pegged the fix lower than yesterday close, we’re still trading at year highs suggesting the central bank is in no rush to stem the weakening tide. However, this does run contrary to statements from […]

A potholed encumbered landscape

Market sentiment: risky business US politics is back in forefront Tuesday adding more spice, and another air of unpredictability to the mix as markets contiued their tenuous voyage through a potholed encumbered landscape dealing with the fragile US-China relations book ended by Italy and Brexit developments providing more ambiguity. And if you add the IMF […]