Afternoon Market Update – 29/11/2016 – by Jaz Singh

November 29, 2016 by savi-admin Eurozone data this morning came in weaker than expected as markets focus on the Italian referendum this weekend. As expected the Euro sold off once this news hit the wires, however the move against the dollar was muted as the greenback continues its declines from the past few days. This is seen predominantly as a… View Article

Morning Update – 29/11/2016 – by Arjun Lakhanpal

November 29, 2016 by savi-admin Morning all.. Wall St closed lower last night as oil fell with the S&P down 0.53%. There are still concerns as to whether OPEC can come up with a cut in output. WTI oil was down another 1.25% over night. FX markets were extremely quiet last night with USD drifting lower before bouncing into the… View Article

Afternoon Market Update – 28/11/2016 – by Jaz Singh

November 28, 2016 by savi-admin Eurozone money supply data was released this morning, coming in lower than expected for the YoY and the previous quarterly reading. The DAX fell by some 100 pips off back of this news, finding support in the 10600 region. In the currency markets the main moves have been in the dollar which continues to retreat… View Article

Morning Update – 28/11/2016 – by Arjun Lakhanpal

November 28, 2016 by savi-admin Morning all.. Wall St had a decent session and closed at record highs again with the S&P up 0.4% which was impressive given the drop in oil Friday. The Asian session has been mixed with the Nikkei lower as USDJPY fell from 113 to 111.40 on little news but HK and China stocks were higher…. View Article

Afternoon Market Update – 25/11/2016 – by Jaz Singh

November 25, 2016 by savi-admin The major data this morning came in the form of the UK GDP for the 3rd quarter. This was in-line with forecast figures for both the QoQ and YoY metrics. However, total business investment for the UK beat estimates, giving the sterling some impetus. These sterling moves were particularly strong against the USD which has… View Article

Morning Update – 25/11/2016 – by Arjun Lakhanpal

November 25, 2016 by savi-admin Morning all.. Wall St was closed for thanksgiving yesterday but we saw solid gains in Asia with the Nikkei up 0.26% in a quiet session even with US bonds selling off (higher yields) as they reopened after the holiday break. US 10yr at around 2.375% after closing Wednesday around 2.35%. USDJPY held gains very well… View Article