May 24, 2016
Morning all.. A rather quiet session again on Wall St which saw the S&P close down just 0.21% as dealers appear to be on hold as few directional signals seen since the last set of data. Asia was also quiet but weaker with the Nikkei closing down 1% with HK and China lower also. AUD… View Article
May 23, 2016
Morning all .. Wall St closed quietly but in the green as stocks globally are still unsure about a potential Fed hike. Asia saw the Nikkei fall 0.5% but China slightly firmer. Stocks appear to be on hold.. G7 Summary from Japan (NB not an official communique): global uncertainties have risen; a Brexit could complicate… View Article
May 19, 2016
Morning all.. Wall St held up pretty well considering how hawkish the Fed minutes were. S&P closed unchanged and Asia also had a calm night in stocks with the Nikkei up tiny. But US yields remain elevated and that is holding the dollar up. US 10yr at 1.87% up a couple from NY close. Fed… View Article
May 18, 2016
Morning all.. Wall St had a bad session as data and Fed speakers seemed to suggest markets were too pessimistic regarding a potential hike. S&P closed down nearly 1%. Asia was more mixed with Nikkei flat on the day but HK and China lower. Nikkei held up after stronger than expected GDP data. . Japan’s… View Article
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