December 6, 2016
In morning trade we’ve had GDP figures for the Eurozone coming in with a small beat on the YoY data. The immediate reaction was muted in European assets, but more recent trade has pointed to downside in the Euro with EURUSD heading towards the 1.07 level. After falling some 0.5 percent yesterday, the dollar index… View Article
December 6, 2016
Morning all.. Wall St had a positive session ending up just over 0.5% as FX and bond markets swung wildly. In Asia the same calm and positive sentiment kept stocks higher with the Nikkei closing up a solid 0.47% even after the sell-off from the highs in USDJPY in NY. USDJPY remained locked around 114.00… View Article
December 5, 2016
European stocks and the Euro have recovered their losses this morning in the aftermath of the Italian referendum. It seems that markets have learnt their lesson following Brexit and Trump’s election when the populist vote was underestimated. The EURUSD pair fell to its lowest levels for some 2 years once the ‘no’ vote became apparent,… View Article
December 5, 2016
Morning all…Quite a busy weekend with the Austrian election and Italy referendum. Austria decided not to go down the populist route but the far right did get a lot of votes which may embolden others when voting later next year across Europe. In Asia we saw the Nikkei down 0.8% as some risk aversion builds… View Article
December 2, 2016
A cautious tone takes precedence in financial markets this morning with stocks declining across the board. In fact global equities are in line for their first weekly losses since Trump was elected. The DAX has found some support at the 10400 handle after being in a steady decline from over the past 2 sessions. This… View Article
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