October 26, 2016
Morning all.. Wall St closed down 0.38% as oil prices weighed on sentiment with fears Russia is unhappy with the production freeze deal. Also Saudi seems to be INCREASING production looking at yesterday’s production levels.. Crude inventories also rose and suggests we still have supply outstripping demand. Asia had a soft session but the Nikkei… View Article
October 25, 2016
On December 16th 2015 the FOMC raised rates for the first time since the financial crisis of 2007-08. The hike was a mere 0.25 percentage points but its ramifications widespread. With rates being at the zero lower bound since 2008, this was a sign that the FOMC had enough confidence in the economy to begin… View Article
October 25, 2016
Morning all.. Wall St closed up nearly 0.5% in a risk on session for most asset markets and the theme continued into Asia with the Nikkei closing up 0.8%. There seems to be a growing belief the Fed will hike in December but this seems not to be worrying equity investors so far. Comments from BoC’s… View Article
October 24, 2016
Morning all.. Wall St closed marginally in what was a quiet session in NY but again it was FX that was making the headlines with USDCAD rising steeply after very poor data suggesting the BoC may need to cut rates. In Asia we saw the Nikkei nudge up 0.2% in another quiet session. Some buyers… View Article
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