Tag: People’s Bank of China (PBoC)

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 […]

US equity markets defy gravity.

US equity markets defy gravity. Equity Markets US equity markets continue to defy gravity and extending the recent winning streak to four straight sessions. It was all about the financials as a series of coordinated hawkish comments from ECB members,  that the end of QE will be top of the to-do list with some suggesting […]

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 […]

Investors utterly unfazed by trade tariffs

  Investors utterly unfazed by trade tariffs Stock market investors remain utterly unfazed by the prospects of trade tariffs or even higher interest rates as consecutive monthly payroll numbers continue to support the Goldilocks economy sweet spot scenario. Employers are aggressively ramping up staff, but wages are rising much less dramatically. So far, investors remain […]

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 […]

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 […]

A tempest in an espresso cup

A tempest in an espresso cup The markets are looking much more constructive to end the week than they did to start, and with trade wars still lingering, that is saying a lot. Mind you, the Italian rumpus, and ensuing blow-off was incredibly intense so investors will be keen to put politics on the back […]

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 […]

China PMI Data Flash

With both China’s Manufacturing and Servies PMI’s coming in above consensus it suggests manufacturing remains resilient and domestic growth is chugging along. And amid trade and tariff tensions, this should be interpreted positively. at least for the next 20 minutes !!. However, trade fears are up front and centre again following news that the Trump Administration […]

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 […]