Tag: Dean’s FX

Dollar softer ahead of G7 Summit

Thursday June 7: Five things the markets are talking about G6 + 1 Despite global equities extending gains overnight on growing investor confidence in global growth, the markets attentions is turning towards the G7 conference that begins tomorrow in Quebec, Canada. Expect this summit to be an intensive affair amidst heightened trade tensions between the […]

A hawkish ECB backs up yields and supports EUR

Wednesday June 6: Five things the markets are talking about Global equities have extended their limited gains overnight on signs that major economies will avoid a fallout trade war. An outlier was Euro equities, which have stalled as the ‘single’ unit strengthened and government bonds declined amid some ‘hawkish’ messages from the ECB. Note: The […]

Dollar Moves Confined as Investors Look for Clues

Tuesday June 5: Five things the markets are talking about The risk rally remains afloat despite last week’s geopolitical concerns and pending global tariff fall out. Capital markets seem content to regroup after recent developments. However, with President Trump stepping up his aggressive trade policies and the ‘populists,’ who are poised to start, governing in […]

Dollar Dips on Trade Worries

Monday June 4: Five things the markets are talking about Last week, geopolitical events again captured the attention of capital markets even though critical economic data had been released. With political concerns about the eurozone having somewhat eased by week’s end – in Italy, nationalist parties finally took power, while in Spain, the Socialist led-opposition […]

Dollar Rises as US Jobs Outperform Despite Trade Fears

The US dollar is higher against major pairs on Friday after a strong US jobs report was published. The U.S. non farm payrolls (NFP) report showed the economy added 223,000 jobs last month driving the unemployment rate to a 18-year low of 3.8 percent. Wage growth surprised to the upside with a 0.3 percent gain […]

May Non-farm Payroll (NFP) by the Numbers

It’s another strong U.S employment report US Labor May Nonfarm Payrolls +223K; Consensus +190K US May Unemployment Rate 3.8%; Consensus 3.9% US May Average Hourly Earnings +0.3%, or +$0.08 to $26.92; Over Year +2.7% US May Private Sector Payrolls +218K and Government Payrolls +5K US May Average Workweek Unchanged at 34.5 Hours US May Labor-Force […]

Trade War On, but Non-farm Payroll (NFP) up next

Friday June 1: Five things the markets are talking about U.S fire the first shot in trade war Euro equities are looking to close out this wild week in the ‘black,’ a week in which Euro politics and escalating trade tensions have shook markets. U.S Treasuries have edged lower and the ‘big’ dollar trades somewhat […]

Dollar Falls As US Fires First in Trade War

The US dollar is lower against most major pairs on Thursday. The United States announced earlier in the day that it would apply tariffs on steel and aluminium imports form EU, Canada and Mexico. The NAFTA pairs depreciated as a wave or retaliatory moves are expected. US Trade Secretary Wilbur Ross said the tariffs are […]

As Risk Sentiment Improves Dollar Bulls Sell

Thursday May 31: Five things the markets are talking about Global equities are currently receiving some investor appreciation, rebounding from a two-month trough along with the EUR as the political turmoil in Italy that shook financial markets this week shows signs of easing. The ‘big’ dollar has edged lower while Italian bond yields have declined […]

Trade Wars, Geopolitical risks and Inflation Dominate Market Moves

Ongoing political worries about Italy and Spain have triggered big moves in stocks, a drop in the EUR and a massive shift in bond yields in the last week in May. The contagion risks from a potential Italian implosion should concern market participants once again. The eurozone’s third-largest economy is currently in the midst of […]