Tag: People’s Bank of China (PBoC)

Italy: risk on, risk off?

Wednesday October 3: Five things the markets are talking about European markets have so far shrugged off losses in Asia to post gains this morning amid hopes that Italy’s budget deficit could be lowered, but concerns about the country’s debt and budget plans remain. The EUR (€1.1573) has rallied from yesterday’s six-week lows on hopes […]

Asia Wrap: India or Italy the risk is yours !!

USD Asia tracked through a tight range watching the EUR move from the sidelines with China and South Korean markets out. INR the major focus USDINR moves lower trading with heavy tone on headlines that the Government is in talks with the RBI for a USD swap window. Something key to watch out for in […]

New Nafta supports loonie

Monday October 1: Five things the markets are talking about Canada’s loonie, the Mexican peso, along with North American stock futures have gained overnight after the U.S and Canada confirmed a deal to save the ‘old’ Nafta, now named USMCA – United States, Mexico, Canada agreement. In Asia, trading volumes were below normal overnight, with […]

USD is still very data-dependent , so it will be tricky to trade

For any follow-up, I’m contactable  on Reuters Messenger, via the BBG terminal or my mobile numbers USD is still very data-dependent, so it will be tricky to trade US Rates  The markets are pricing in a higher probability of the terminal rate over 3.5%, signalling a convincingly hawkish view from last week FOMC. Chair Powell’s […]

An incredible end to Q3 could be an even bumpier ride   in Q4

An incredible end to Q3 could be an even bumpier ride   in Q4 Well, that was an astonishing end to  Q3 as we herald in what is certainly shaping up to be a bumpy ride in the markets for  Q4. While the eerily familiar themes will continue to dominate, US-China trade, NAFTA, Brexit and Italian […]

OANDA Trading Asia market update JPY and EUR in focus

Japanese Yen USDJPY has been the focus of the Asia session as the US dollar is doing what it does best and that strengthens after facing a short period of adversity. Buoyant risk markets and higher US yields make for a convincing argument to push higher, but the recent strong gains in Japanese equities are […]

Picking up the pieces post FOMC

US President Trump said to suggest he is going to call China President Xi tomorrow, which should be soothing news for a lot of cross assets none more so than Chinese equity markets. Keeping an eye on this one.! US Markets US stocks ended the day lower as the Fed is expected to stay the […]

Look to Fed’s Powell for help

Wednesday September 26: Five things the markets are talking about Global stocks are trading mixed ahead of today’s FOMC rate decision, with Asian shares closing out higher, while Euro bourses are a tad down as Italy’s budget talks continue to be a source of concern. The Italian government has until tomorrow to outline its fiscal […]

If in doubt, look to the Fed for direction

Tuesday September 25: Five things the markets are talking about It’s a return to the drawing board for many investors who are now back online beginning their holiday shortened Asian trading week. Euro equities are trading mixed following a “get back to basics” Asian session as investors ponder the outlook for global trade and U.S […]

Fed and trade threats to drive markets

Monday September 24: Five things the markets are talking about Global equities are under pressure as China called off planned trade talks with U.S, potentially triggering an escalation in the tariff war between the world’s largest economies. Note: U.S’ tariffs on +$200B in China goods took effect at midnight, while China’s counter tariffs on +$60B […]