Afternoon Market Update – 21/11/2016 – by Jaz Singh

November 21, 2016 by savi-admin The dollar has retreated in early trade for this week, with dollar index currently trading around the 101.00 level. This follows persistent gains in the greenback over the past fortnight after Trump’s presidential victory. The Euro has seen the largest gains among the major currencies versus the dollar today, gaining 0.3 percent. This is more… View Article

Morning Update – 21/11/2016 – by Arjun Lakhanpal

November 21, 2016 by savi-admin Morning all.. Wall St closed a little lower on Friday; down 0.24% after a choppy week but again all the action in bonds and FX markets. In Asia this morning we saw little movement in any asset markets with Nikkei up 0.77% as USDJPY held gains and extended above 111.00. Oil was higher again with… View Article

Afternoon Market Update – 18/11/2016 – by Jaz Singh

November 18, 2016 by savi-admin On the data side we’ve had PPI data from Germany which came in better than expected. This gave the Euro a bit of impetus against the dollar after yesterday’s losses. On the whole the greenback continues to strengthen, with the dollar index finding support at the 101.00 level in recent trade. The dollar yen pair… View Article

Morning Update – 18/11/2016 – by Arjun Lakhanpal

November 18, 2016 by savi-admin Morning all.. Wall St closed firmer again even as the dollar rallied yet again with the S&P up 0.47%. Asia had a busy session as US yields and the dollar extended gains. The Nikkei closed up 0.59% as USDJPY busted through 110.00 and extended through Asia to 110.78. BoJ’s Kuroda: BoJ prepared to conduct fixed-rate… View Article

Afternoon Market Update – 17/11/2016 – by Jaz Singh

November 17, 2016 by savi-admin Retail sales data from the UK beat expectations across the board this morning. Sterling continued its leg higher off the back of this news. However, this strength has not persisted with cable meeting resistance at 1.25. All but one of the Eurozone CPI data points came in as expected at 10:00 GMT; construction output was… View Article

Morning Update – 17/11/2016 – by Arjun Lakhanpal

November 17, 2016 by savi-admin Morning all.. Wall St closed marginally lower in a quiet session for stocks as most watched bond yields bouncing up and down. The Nikkei also failed to get USDJPY rallied as the BoJ announced unlimited buying of JGB’s overnight. This took USDJPY from the lows, after some profit taking took it as low as 108.56… View Article