November 4, 2016
Morning all.. Another rather soft session on Wall St which closed down 0.44% even though some risk aversion was quelled and the likes of USDMXN reversed early strength. The US election is still a tight race and that is unnerving equities still. Asia had a soft session after falls in oil in NY into the… View Article
November 3, 2016
The big news this morning is that the UK government cannot trigger Article 50 without a parliamentary vote following a High Court ruling. The government has appealed this ruling with a hearing expected in December. Off the back of this news we have seen a bout of sterling strength, with cable testing the 1.2450 handle…. View Article
November 3, 2016
Morning all.. another weak session on Wall St which closed down 0.65% as fears over Clinton’s lead continue and more issues overnight took Asian stocks lower too. Nikkei closed down 1.76% as articles in US press suggest Clinton could be indicted. An investigation into the Clinton foundation looks likely now cites Fox News sources report: Clinton… View Article
November 2, 2016
The RBNZ published inflation expectations overnight which remain unchanged. NZD has continued its gains following this announcement, targeting 0.73 against the greenback. The Euro extends its gains from yesterday off the back of positive PMI data in the Eurozone. We’ve also had unemployment data from Germany, again better than expected. Dollar has extended its losses… View Article
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