February 16, 2017
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
February 15, 2017
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
February 14, 2017
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
February 14, 2017
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
February 13, 2017
Global stocks have continued to rally as pessimism over the reflation trade is brushed aside. This upside bias in the equity space comes after Trump reinstated his pledge to change his nation’s taxation structure. US equity futures are pointing higher across the board; meanwhile in Europe we see the Stoxx Europe 600 adding 0.5 percent… View Article
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