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

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

February 2, 2017 by savi-admin Morning all.. Wall St managed to just about stay in the green last night after we got little indication from the Fed. Asia on the other hand failed to hold and the Nikkei finished down 1.22% as the dollar drifted back down and US yields dipped. USDJPY making a low at 112.48 so far as… View Article

Afternoon Market Update – 01/02/2017 – by Jazz Singh

February 1, 2017 by savi-admin The greenback has stabilized somewhat this session after a near 100 pip sell off in the dollar index since the start of the week.   This risk off sentiment was translated into the equity space, which ended the month of January on the back foot across the board. This morning we’ve had UK manufacturing coming in… View Article

Morning Update – 01/02/2017 – by Arjun Lakhanpal

February 1, 2017 by savi-admin Morning all.. Wall St had another soft session and was down sharply at one point but recovered into the close with the S&P closing down 0.09% or more or less unchanged on the day. This partly due to the recovery in the USD mid afternoon which calmed a growing risk aversion. The Nikkei closed up… View Article

Morning Update – 31/01/2017 – by Arjun Lakhanpal

January 31, 2017 by savi-admin Morning all.. Wall street had a rare wobble and closed lower by 0.6%. There was a spill-over into Asia where the Nikkei fell 1.69%, some of the fall blamed on a weaker USDJPY which had been weak all through the US session. The BoJ meeting was something of a non-event with just commitments to current… View Article