November 2, 2016
Morning all.. Wall St had a bout of the jitters over Trump closing the gap on Clinton and in one Poll showed a 1 point lead. This saw Wall St close down 0.68% and send Asia into a nervous session. The Nikkei closed down 1.76% aided by a steep drop in USDJPY as a risk off… View Article
November 1, 2016
Aussie has strengthened overnight and this morning following the RBA’s decision to keep its benchmark rate at 1.5 percent. With inflation expectations on the rise, many do not expect any further rate cuts in 2017. The yen has weakened by some 0.1 percent as the BOJ now predicts its 2% inflation will not be met… View Article
November 1, 2016
Morning all.. Wall St closed unchanged in a quiet month-end session with little appetite for new positions. Unfortunately Asia started the new month with similar lack of interest with the Nikkei also more or less unchanged as many waited for the BoJ decision and statement. We also had the RBA meeting and AUD is higher… View Article
October 31, 2016
The major data this morning came from the Eurozone in the form of CPI and GDP data. All metrics came in line with expectations hence market reaction has been subdued. We’ve seen big moves to the upside in rand as South Africa’s chief prosecutor dropped charges of fraud against the country’s finance minister. Dollar has… View Article
October 31, 2016
Morning all.. Wall St closed down 0.3% after concerns rose over the email investigation into Clinton and over the weekend her lead in the polls has dropped. In one poll where she had a 12 point lead, it now stands at at 1 point lead. Asia was very quiet as month-end dominates and the Nikkei… View Article
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