When the(equity) walls come tumbling down

When the (equity)walls come tumbling down What started as an innocent equities correction in Asia, spilt over into the NY session as classic risk-off unfolded as US yields dipped with oil and gold prices rocketed higher. Risk sentiment is on its Read More

China markets lead global equities into the tank

A sharp drop in Chinese stocks led global markets broadly lower on Tuesday, as investors digest the impact of trade tensions on the country as well as other geopolitical worries, such as Italy‘s debt problems. After the Shanghai index closed down Read More

Desperately seeking stability

US  Markets From sandstorms in Riyadh to headwinds in Rome, escalating risk has effectively capped the recent swell in US Treasury yields, while the combination of Federal Reserve policy tightening and increasing debt supply should keep the trapdoor from giving Read More

Trader fatigue sets in but the the Sun always shines on TV

The stabilisation in equities on Friday helped calm FX carry as headlines around Brexit, and the Italian budget were more positive heading into the weekend. Newswires have been very friendly into the weekend. Bloomberg reported that Italy’s government might cut Read More

Asia market update: a busy session is unfolding

The Yuan USD bullish sentiment post FOMC minutes outweighs Treasury to report the CNH playbook remains intact and should not provide any is a significant short-term relief for local EM currencies. High US bond yields and a rebounding US dollar Read More

Asia market closing view: fumbling into the EU summit

Currencies  Currency markets have been relatively quiet in Asia ahead of the US Treasury FX report an no doubt markets will be eager to view the FOMC minutes where there is a considerable risk for a hawkish lean. Even more Read More

Asia market update : Focus on Yuan

Asia market update: Focus on Yuan   Surprising busy start even with the absence of Hong Kong in the mix The hawkish warm-up ahead of tonight’s FOMC minutes delivered by San Francisco’s new President Daly is creating some noise today Read More