Morning Update – 11/08/16 – by Arjun Lakhanpal

August 11, 2016 Morning all.. Wall had another quiet session but closed down 0.25% but again the action was in FX and bonds with oil playing a part too. US yields fell again and dipped briefly below 1.5% yesterday and remained marginally above that level in Asia, while the yield on 10-year UK Gilts tumbled to a record… View Article

Morning Update – 10/08/16 – by Arjun Lakhanpal

August 10, 2016 Morning all. Wall closed around unchanged again in a quiet session for stocks but bonds and FX markets were very busy with US yields falling and taking the dollar with it. In Asia we saw the Nikkei down 0.3% as USDJPY fell and moved to a low of 101.13 before bouncing. There was a strong… View Article

Morning Update – 09/08/16 – by Arjun Lakhanpal

August 9, 2016 Morning all.. Wall Street Stuttered yesterday after a strong winning streak and closed down marginally and Asia also had a quiet session again with the Nikkei ending the session up 0.66% as USDJPY held broad gains. GBP fell on comments from BoE’s McCafferty. Bank of England policy maker Ian McCafferty said more quantitative easing was… View Article

Morning Update – 08/08/16 – by Arjun Lakhanpal

August 8, 2016 Morning all.. Wall St made another record high Friday, closing up almost 1% after stronger Non-farm Payroll data which suggests the economy may be strong enough to take another hike from the Fed. Hotter than forecast average workweek hours, hourly earnings and participation rate suggests this report was of genuine quality, said some analysts. Yields… View Article