Afternoon Market Update – 01/11/2016 – by Jaz Singh

November 1, 2016 by savi-admin Aussie has strengthened overnight and this morning following the RBA’s decision to keep its benchmark rate at 1.5 percent. With inflation expectations on the rise, many do not expect any further rate cuts in 2017. The yen has weakened by some 0.1 percent as the BOJ now predicts its 2% inflation will not be met… View Article

Morning Update – 01/11/16 – by Arjun Lakhanpal

November 1, 2016 by savi-admin Morning all.. Wall St closed unchanged in a quiet month-end session with little appetite for new positions. Unfortunately Asia started the new month with similar lack of interest with the Nikkei also more or less unchanged as many waited for the BoJ decision and statement. We also had the RBA meeting and AUD is higher… View Article

Afternoon Market Update – 31/10/16 – by Jaz Singh

October 31, 2016 by savi-admin The major data this morning came from the Eurozone in the form of CPI and GDP data. All metrics came in line with expectations hence market reaction has been subdued. We’ve seen big moves to the upside in rand as South Africa’s chief prosecutor dropped charges of fraud against the country’s finance minister. Dollar has… View Article

Morning Update – 31/10/16 – by Arjun Lakhanpal

October 31, 2016 by savi-admin Morning all.. Wall St closed down 0.3% after concerns rose over the email investigation into Clinton and over the weekend her lead in the polls has dropped. In one poll where she had a 12 point lead, it now stands at at 1 point lead. Asia was very quiet as month-end dominates and the Nikkei… View Article

Afternoon Market Update – 28/10/16 – by Jaz Singh

October 28, 2016 by savi-admin We’ve had data from the Eurozone this morning with all but one of the sentiment indicators coming in better than predicted. Reaction off this news was muted with sterling taking the lead in FX markets. This followed a ruling in Northern Ireland that rejected challenges against the Brexit route; hence one of the major barriers… View Article