Tag: Market Monitor

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 […]

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 […]

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 […]

Bank of Canada Next

Wednesday May 30: Five things the markets are talking about The Bank of Canada (BoC) is expected to leave its benchmark interest rate unchanged (+1.25%) during its policy meeting today (10:00 am EDT) amid concern over slowing housing markets and stalled Nafta trade negotiations. However, market consensus expects the BoC’s next rate increase to come […]

Italy Crisis Pounds EUR, More to Come

Tuesday May 29: Five things the markets are talking about Threat of Euro fragmentation U.S Treasuries have rallied alongside a number of core-European bonds as the political crisis in Italy and Spain deepens, triggering risk-off trading across capital markets. The EUR (€1.1512) has tested fresh 11-month lows outright in early Euro trading after Italy’s president […]

Cattle Cull to Support Kiwi dollar

Monday May 28: Five things the markets are talking about Global equities are trading higher in this holiday shortened trading week in a risk-on mood, buoyed by signs that an U.S/North Korea summit is back on track. In Europe, the EUR has found some relief after Italian President Sergio Mattarella yesterday blocked the formation of […]

Geopolitics Downs Dollar and Stocks

Friday May 25: Five things the markets are talking about President Trump’s decision to cancel his summit with N. Korea’s Kim Jong-Un yesterday, mentioning Pyongyang’s anger, is expected to keep geopolitics the primary concern for investors and dealers throughout the long weekend in the U.S. It’s not a surprise that yesterday’s White House move has […]

Trade War Talks are Back and the Dollar is Falling

Thursday May 24: Five things the markets are talking about Global stock markets remain under pressure as investors shun risk assets for relative safe havens. Rising Italian bond yields, fading prospects for the North Korea summit, disintegrating EM currencies, and deteriorating E.U economic data continue to wreak havoc amongst the various asset classes. Note: Italian […]