Tag: SGD

BoE hike a close call

Thursday August 2: Five things the markets are talking about The Bank of England is more likely than not to hike interest rates +25 bps to +0.75% this morning (07:00 am EDT), but this has only recently become a closer call. June’s BoE meeting minutes showed that three out of nine MPC members voted to […]

Trade war angst trumps Fed rate decision

Wednesday Aug 1: Five things the markets are talking about Over the past fortnight, fixed income, forex and the commodities market have become rather boring and range bound. Will today’s Fed monetary policy announcement be the facilitator to end this market consolidation? Futures prices would suggest rather strongly that, nope, there is nothing new to […]

Dollar Higher Ahead of Fed Meeting OANDA Market Beat Podcast

OANDA Senior Market Analyst Alfonso Esparza reviews the major upcoming market news, macro analysis and economic indicator releases that will impact currencies, stocks other asset classes. Joining him this week is OANDA’s Vice President of Research Dean Popplewell Subscription available on iTunes https://goo.gl/TZEWRW and GooglePlay https://goo.gl/cRBk39. Tune in every Tuesday and don’t miss a beat […]

BoJ’s new script supports the carry-trade

Tuesday July 31: Five things the markets are talking about Sovereign government bonds prices have rallied overnight as the Bank of Japan (BoJ) again committed to keep its “ultra-loose” monetary policy intact. As expected, Japanese policy makers tweaked some policies, but signalled rates to stay low for an “extended period of time.” In respect to […]

G7 FX moves look to central banks for direction

Monday July 30: five things the markets are talking about Stocks begin a new week under pressure, as investors mull over some lofty corporate earnings and a number of key policy meetings. A host of G10 central banks are on tap to offer their monetary policy decisions – the Bank of Japan (BoJ), Reserve Bank […]

Dollar Mixed Ahead of Busy Week in the Market

The US dollar is mixed on Friday against major pairs. The US economy grew at a 4.1 percent pace on the second quarter according to the first estimate. The number came in right on the forecast which had no positive effect for the USD, but it did validate the U.S. Federal Reserve decision to keep […]

U.S dollar firmer on GDP expectations

Friday July 27: Five things the markets are talking about Euro stocks have found some traction after a mixed performance overnight in Asia, as investors remain upbeat over the tentative trade truce between the U.S and the E.U. President Trump and E.C Commission President Juncker agreed, in principle, not to impose new tariffs while the […]

Draghi’s assessment at ECB press conference

The ECB has made no changes to its policy or forward guidance, and comments during the press conference are likely to confirm the bank’s optimistic but cautious stance. “Prudence, Patience, Persistence Will Continue to Guide Policy” Draghi’s assessment in press conference: Urges “Decisive Steps” to Complete Banking Union, Capital Mkt Union Monetary Analysis Confirms Need […]

U.S-E.U calls a ceasefire in the trade war

Thursday July 26: Five things the markets are talking about In early trading, Euro bourses have advanced following a mixed Asian session overnight as capital markets contend with a host of stimuli, including an apparent easing of trade tension between the U.S and Europe and a flood of corporate earnings. U.S President Trump has reached […]

Trump and Juncker to set the dollar’s tone

Wednesday July 25: Five things the markets are talking about Euro equities have found some support, following Asian stocks as earnings season continues, although trade tensions remain to the fore ahead of today’s meeting between President Trump and E.C chief Jean-Claude Junker. Most G10 currency pairs trade in a tight range awaiting today’s development from […]