December 14, 2016
Morning all.. Wall St closed up 0.65% which is impressive so close to the Fed meeting tonight but Asia found it tough to rally with the Nikkei closing around unchanged.. Oil markets were lower which weighed with WTI down over 1% and US 10yr yields softened to 2.44% weighing on the dollar. USDJPY was quiet… View Article
December 13, 2016
We’ve had a plethora of data this morning, the most important of which was UK price index figures. The results were mixed with half of the data points coming in worse than expected. This did little to change the bullish trend we’ve seen in sterling over the past few days as we find cable above… View Article
December 13, 2016
Morning all.. Wall St closed mix with the Dow marginally higher but the S&P down 0.11% as investors take a break in front of the FOMC meeting tomorrow. Asia was also rather quiet with the Nikkei up 0.5% after stronger data from China. China November Industrial Production beat: 6.2% y/y vs 6.1% cons whilst Nov… View Article
December 12, 2016
Crude oil leads the way this morning after Saudi Arabia announced it will lower output by more than previously suggested. As a result we’ve seen crude gain some 5 percent this morning, with WTI coming off the highs of $54.50 in more recent trade. Oil-producing currencies lead the gains in FX markets off the back… View Article
December 12, 2016
Morning all.. Wall had another strong close Friday and Asia also pushed higher as oil soared on OPEC and No-OPEC nations agreeing to cut production further. Saudi minister also expressed optimism on being able to cut production more than originally anticipated. Oil up 5% this morning and oil related currencies all stronger. USDJPY held gains… View Article
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