Risk off endures and the greenback surges

Equities  While risk aversion if flooding back into the fray. The US morning sell-off in the tech sector triggered the equity rout. Given that Apple shares are so widely held, nothing good ever comes of a 5 % decline on Read More

US Dollar Flying High on Hawkish Fed Statement

The US dollar rose against most major pairs on Friday. Only the Japanese yen was able to gain against the mighty greenback. The FOMC statement eased concerns that the Fed would hint at a pause in its tightening of monetary Read More

Dollar Stumbles Awaiting US Jobs Report

The US dollar fell against all major pairs on Thursday. The greenback had touched 16 month highs on Wednesday but could not hold on to those gains as positive Brexit news and solid trade data in Australia combined with investors Read More

A wall of worry has morphed into towering wall of pain

A wall of worry has morphed into towering wall of pain Indeed, a wall of worry has morphed into towering wall of pain as extremely fragile circumstance across the capital markets continues to undermine investor confidence. Markets continue to tremble Read More

Asia market update: a busy session is unfolding

The Yuan USD bullish sentiment post FOMC minutes outweighs Treasury to report the CNH playbook remains intact and should not provide any is a significant short-term relief for local EM currencies. High US bond yields and a rebounding US dollar Read More

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 Read More

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 Read More

US markets rescue global risk sentiment yet again.

US Markets  It seems we can rely on the US markets to bail out souring Global risk sentiment again and again.  But the question should be, how long can we expect this to continue. Almost like clockwork, The Dow Jones Read More

The risky business of trading an interest rate view

For any follow-up, I can be reached on Reuters Messenger, via the BBG terminal or my mobile numbers The risky business of trading an interest rate view US Rates  The markets are pricing in a higher probability of the terminal Read More

Headline overload

US Markets Another case of headline overload overnight. US markets closed lower overnight due to some factors including, trade war phase 2, more political turmoil ahead of US midterm after reports surface ahead Attorney General Rod Rosenstein was resigning from Read More