Tag: NZD

Beware: FX Space is Calm, but Appearances can be Deceiving

Wednesday February 7: Five things the markets are talking about Risk-averse sentiment seems to have cooled for the time being as a number of the major indexes rebound in the overnight session. Note: From a volatility standpoint, the forex market space appears tranquil when compared to other asset classes like equities or bonds. The rebound […]

U.S. Trade Deficit Is Wider Than Any Month or Year Since 2008

The U.S. trade deficit widened to the biggest monthly and annual levels since the last recession, underscoring the inherent friction in President Donald Trump’s goal of narrowing the gap while enjoying faster economic growth. The deficit increased 5.3 percent in December to a larger-than- expected $53.1 billion, the widest since October 2008, as imports outpaced […]

Equity and Crypto Pain Persists

Tuesday February 6: five things the markets are talking about The global equity rout extended overnight as Asian and European markets followed Wall Street and tumbled, sending equity indexes toward the biggest three-day slide in nearly three-years. Volatility in stocks has pushed a number of investors to unwind equity bets and head to the ‘mighty’ […]

Equities Slump Deepens; Dollar Steady

Monday February 5: Five things the markets are talking about Global stocks have extended their biggest decline in two-years overnight while the ‘big’ dollar steadies outright against G10 currency pairs. Sovereign treasury yields continue to creep higher, while crude oil prices again come under pressure as U.S explorers raised the number of rigs drilling for […]

Dollar Rebounds After Strong Jobs Report

US added 200,000 positions in January The US dollar rose against major pairs on Friday. The release of the U.S. non farm payrolls (NFP) proved to be the much needed shot in the arm after the greenback was under pressure for most of 2018. The job gains were above expectations but more importantly the hourly […]

By the numbers: U.S January NFP fallout

Non-farm payrolls: +200k vs. +148k prev. Private payrolls: +196k vs. prev. +146k) Manufacturing payrolls: +15k vs. prev. +25k Unemployment rate: +4.1% vs. prev. +4.1% Average hourly earnings: +0.34% m/m, +2.9% y/y vs. prev. +0.4% m/m, +2.7% y/y Workweek hours: 34.3 vs. prev. 34.5 – -0.2 U.S 10-year yield: +2.83% U.S employers added +200,000 jobs in […]

What to look for in U.S payrolls (NFP)

Friday February 2: Five things the markets are talking about The U.S labor department is expected to report that 2018 has kicked off with a pickup in hiring. Market consensus is looking for non-farm payrolls (NFP) to rise by +180k last month, while the unemployment rate continued to hover atop of +4.1% – its lowest […]

USD Struggles Ahead of Jobs Report

USD Struggles Ahead of Jobs Report US expected to add 184,000 jobs in January The US dollar fell against a basket of currencies on Thursday. The greenback has failed to gain traction in 2018 and is awaiting the first US jobs report of the year looking for a shot in the arm. The U.S. non […]

Dollar Support Lukewarm despite Fed’s ‘Hawkish-hold’

Thursday February 1: Five things the markets are talking about Global equities have kicked off the new month mostly in the ‘black’ as capital market participants have decided that the outlook for growth and corporate earnings remains strong enough to suppress concerns about the back up in sovereign yields. U.S Treasuries have resumed their slide, […]

Fed Could Signal Changes to Outlook

Wednesday January 31: Five things the markets are talking about Month-end USD sales and event risk of today’s Fed’s interest rate decision (2 pm EDT) have seen a dramatic pick-up in realized volatility that’s given implied vols another boost this week. Ahead of the U.S open, Euro stocks have stemmed the bleeding; Asian bourses were […]