September 2, 2016
Morning all.. After all the noise round the weak US data yesterday, Wall St closed in a muted fashion; Unchanged at the close. Bond yields fell on the news but they also turned and rallied into the late afternoon finishing a couple of basis points higher. Asia has had a very quiet session with the… View Article
September 1, 2016
Morning all.. Wall St closed quietly into month-end falling 0.24% and Asia was looking soft until stronger data from China saw a rebound in sentiment with the Nikkei closing up 0.22%. USDJPY holding recent gains helping support the Nikkei.. Markets clearly on hold waiting for US Unemployment data on Friday. China released manufacturing data for… View Article
August 15, 2016
Morning all.. Wall St had a busy session Friday after weak Retail Sales data but ended the session down just around unchanged as stocks bounced into the close. Asia has been quiet with the Nikkei down marginally and FX markets in tight ranges. China’s blue-chip Index rose 1.3 percent to a seven-month high and Shanghai… View Article
August 15, 2016
This week seems to have started on a negative note from the Asia market. Overnight, the Japanese Second quarter GDP data missed market forecast; GDP (QoQ) 0.0% Vs 0.2%, GDP (YoY) 0.0% vs. 0.2%, GDP Capital expenditure -0.4% vs. -0.1% while Industrial production beat market forecast at 2.3% vs. 1.9%. These set of weak data… View Article
August 12, 2016
Morning all.. Wall St set another few records last night as stocks across the board moved higher again. The S&P closed up 0.47 followed by the Dow and NASDAQ making new record highs. Japan re-opened and moved higher by over 1%. European shares erased the slump that followed Britain’s secession vote. Oil climbed, while Treasuries… View Article
August 11, 2016
A couple of days ago, Reserve Bank of Australia cut interest rate to a record low of 1.50% which was more than 60% priced in by the market. According to RBA, low interest rate is an important factor which can be used to drive economic growth, enhance demand and eventually achieve some level of inflation…. View Article
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.OkPrivacy policy