Tag: People’s Bank of China (PBoC)

Winds of Trade War Howling ( OANDA Bloomberg Radio)

Stephen Innes, Head: Trading Asia Pacific, Oanda, discussed the war of attrition we are seeing on trade tariffs between the U.S. and China with Bryan Curtis and Paul Allen. He goes onto look at haven demand, how U.S. goods could face a broader international backlash and finally explains why he sees the Malaysian ringgit as […]

Dollar rises on falling risk appetite

Monday June 18: Five things the markets are talking about Global trade is again top of capital markets agenda, as dealers and investors are now officially worried about the intensifying confrontation between the U.S and China. Global equities are trading under pressure over the escalating protectionist standoff between the two largest economies, along with crude […]

Mario Draghi , the master of the dark art of central bank communiqué

Mario Draghi, the master of the dark art of central bank  communiqué After last week’s dramatic price action dubbed “the biggest week of the year” we have another potpourri of events to side-track from the World Cup games this week. There’s more than enough risk events to keep things exciting with a plethora of central […]

Trump sets $50B in China tariffs with Beijing ready to strike back

U.S. President Donald Trump announced hefty tariffs on $50 billion of Chinese imports on Friday as Beijing threatened to respond in kind, in a move that looks set to ignite a trade war between the world’s two largest economies. Trump, whose hardline stance on trade has seen him wrangle with allies, said in a statement […]

Dollar is King, but trade tensions cap risk appetite

Friday June 15: Five things the markets are talking about This was always going to be a big week for capital markets and it has not disappointed. Bond prices continue to rally and global equities trade under pressure as Sino-U.S trade tensions threaten to escalate, while capital markets weigh diverging monetary policies from the European […]

The Euro is circling the drain

The Euro is circling the drain Instead of a major roadblock, the ECB was a significant catalyst for the US dollar. And it is tough to argue against the intensity of the EUR downside move as the ECB didn’t just disappoint to the dovish side they were overtly dovish pushing back rate hike expectation well […]

Back to the drawing board 

Back to the drawing board  Despite a hawkish  Fed hike last night the USD failed to rally. Without reading too much into the usual FOMC exercise in verbal gymnastics. The USD dollar couldn’t find a grip above near-term resistance after  US 10 year Treasuries could not break above 3 % when Chair  Powell reminded markets […]

Fed to hike, but what next?

Wednesday June 13: Five things the markets are talking about Yesterday’s data showed that U.S consumer prices climbed in May, a further sign price pressures stateside are solidifying. The Fed, which began its two-day policy meeting yesterday, is watching price data closely as it weighs the path of short-term interest rates. This afternoon, Fed officials […]

Dollar Seeks Central Bank Guidance

Tuesday June 12: Five things the markets are talking about The Trump-Kim summit came and went with little market movement. Instead, investors and dealers remain focused on a plethora of macro-events and data coming over the next few days. The meeting has produced much positive symbolism, but little in the way of substance as vague […]

MARKETS BRACE FOR “BUSIEST WEEK OF THE YEAR”( BFM Radio 89.9 KL)

MARKETS BRACE FOR “BUSIEST WEEK OF THE YEAR” Stephen Innes, Head of Trading in Asia-Pacific, OANDA, Singapore Also, Friday marks the deadline for the White House to finalise a list of tariffs on Chinese goods. Stephen outlines how market expectations are shaping up for the week ahead. Presented by: Sharaad Kuttan, Melisa Idris, Tan Chung […]