Afternoon Market Update – 16/02/2017 – by Jazz Singh

February 16, 2017 by savi-admin A risk off tone has dominated the markets this morning as stocks decline across the board while haven assets push higher. The yen has been the best performer amongst its major counterparts, gaining some 0.5 percent. Elsewhere we see the greenback extending yesterday’s sell off; the dollar index trades below the $101.00 level for now…. View Article

Morning Update – 16/02/2017 – by Arjun Lakhanpal

February 16, 2017 by savi-admin Morning all.. Another good day for stocks with the S&P closing up 0.5%, a new record high as global stocks recover to 2015 highs.. US data was strong and yields rose but the dollar fell foul of some very aggressive selling after the data. Asia was more of a mixed bag as the dollar extended… View Article

Morning Update – 15/02/2017 – by Arjun Lakhanpal

February 15, 2017 by savi-admin Morning all.. Yet another record high for US stocks as Yellen appears more hawkish on the economy with S&P closing up another 0.4%.. Asia duly followed the US lead with the Nikkei up just over 1% as USDJPY rallied and held gains close to 114.50. Fed’s Yellen (Q&A): can’t say if rate increase will come… View Article

Afternoon Market Update – 14/02/2017 – by Jazz Singh

February 14, 2017 by savi-admin Markets seem to be in a profit taking zone this session following yesterday’s rally in global equity and the dollar. The dollar index has drifted 0.2 percent from its highs at the $101.00 level; we look to Yellen’s speech this afternoon to verify further moves in the greenback. We’ve had UK inflation data this morning,… View Article

Morning Update – 14/02/2017 – by Arjun Lakhanpal

February 14, 2017 by savi-admin Morning all.. Wall St finished at yet another record high with S&P up 0.52% and Apple made new highs.. It was a risk on day but the Dollar rally stalled in front of the Yellen testimony later today.. Asia was a mixed session with the Nikkei closing down a disappointing 1.13% as USDJPY fell and… View Article