December 9, 2016
After the moves instigated by the ECB, markets are relatively quiet today as the data slate is light in the lead up to the weekend. We’ve had some UK data this morning with trade balance improving and consumer inflation expectations coming in better than previous. This gave sterling some upside stimulus against some currencies but… View Article
December 9, 2016
Morning all.. Wall St reacted well to the ECB meeting as European stocks rallied and the S&P finished up 0.22% as the action was really elsewhere. The Asian markets followed the strength of the European markets with the Nikkei up 1.23% as USDJPY rallied on the back of higher US yields. It was FX and… View Article
December 8, 2016
All eyes are on the ECB today as we await the central bank’s plans regarding its stimulus programme. With markets pricing in an extension of the current QE package this week, some are now concerned that Draghi may not provide the extent of stimulus expected. This fear has most affected fixed income markets, with European… View Article
December 8, 2016
Morning all.. Wall St took off as money moved into the market in droves and made new record highs with the S&P up 1.32% and the theme continued into Asia where the Nikkei closed up 1.45%. China data the key to highlight out of the Asia region. November’s trade balance showed a smaller than expected… View Article
December 7, 2016
The major market moving data came from the UK this morning, with manufacturing and industrial production coming in surprisingly low. This in turn saw sterling extending its sell off from yesterday’s evening session, with cable finding support at the 1.26 level. Later today MPs shall debate the government’s plans for Brexit which should give us… View Article
December 7, 2016
Morning all.. A quiet session on Wall St saw S&P close up 0.34% as all asset classes paused for breath it seems. Asian stocks also quiet but the Nikkei still managed a gain of 0.75% as USDJPY held firm and seems to be consolidating near the highs. The main news was the weak GDP data… View Article
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