Afternoon Market Update – 07/02/2017 – by Jazz Singh

February 7, 2017 by savi-admin Dollar bulls have come back to the table, triggered by FOMC member Harker’s remarks yesterday evening outlining his support for a rate hike in March. As a result we’ve seen the dollar index rally 0.7 percent after breaking through the $100.00 level overnight. Weak house price data from the UK has extended the pound sell… View Article

Morning Update – 07/02/2017 – by Arjun Lakhanpal

February 7, 2017 by savi-admin Morning all.. Wall St had a rather quiet session compared to bonds and the Dollar with both the dollar and US yields falling. The S&P managed to end the session with a marginal 0.2% loss and Asia followed suit with the Nikkei down 0.35% which was not bad considering that USDJPY fell through what some… View Article

Afternoon Market Update – 06/02/2017 – by Jazz Singh

February 6, 2017 by savi-admin A cautious sentiment has taken ahold of European markets after French presidential candidate Marine Le Pen announced plans to exit the euro if she were to win. The euro has dropped nearly 0.5 percent against the dollar, currently trading at session lows near the $1.0730 level. After a sixth consecutive weekly loss, the dollar index… View Article

Morning Update – 06/02/2017 – by Arjun Lakhanpal

February 6, 2017 by savi-admin Morning all.. Wall St had a solid close after rather mixed US data with the S&P closing up 0.73% but the session saw choppy FX markets with the dollar eventually ending lower. Asia was quiet and with the lack of data this week that is not surprising but the Nikkei did manage to eke out… View Article

Morning Update – 03/02/2017 – by Arjun Lakhanpal

February 3, 2017 by savi-admin Morning all.. Wall St had another very quiet session as we wait for the NFP data from the US today, closing more or less unchanged on the day. Surprisingly the Nikkei was also very quiet considering the rally in the USDJPY after the BoJ intervened in the JGB market to push yields back down. One… View Article

Afternoon Market Update – 02/02/2017 – by Jazz Singh

February 2, 2017 by savi-admin A somewhat lacklustre Bank of England has seen the pound plummet from its session highs. Despite outlining an increased concern about inflation, weaker than expected price growth forecasts disappointed the market. The currency has declined some 1 percent so far this session. Not necessarily market moving but the UK government’s white paper on Brexit was… View Article