16 May 2017, 06:55
- Asian equities failed to benefit from the energy-inspired gains seen on Wall Street with the Nikkei 225 stopping just shy of 20,000
- USD/JPY and JPY-crosses traded choppy with the early upside reversed, as sentiment soured and spurred flows into safe-haven JPY
- Looking ahead, highlights include UK inflation, German ZEW, US Building Permits, Housing Starts, ECB’s Nowotny and...
15 May 2017, 06:55
- Asian equities traded with no firm direction as the region digested mixed Chinese data and mounting geopolitical tensions
- In FX, JPY was supported by safe-haven flows while NZD was lifted by upbeat domestic retail sales
- Looking ahead, highlights include US NY Empire State Manufacturing Index and ECB’s Praet
12 May 2017, 06:55
- Overnight trade saw an overall lack of pertinent macro newsflow with Asian equities subsequently trading with little in the way of firm direction
- Similar price action was also observed in FX markets with GBP/USD unable to recoup yesterday’s BoE-inspired losses
- Looking ahead, highlights include US CPI, Retail Sales, Uni. Of Michigan, Fed’s Evans, Harker and ECB’s...
11 May 2017, 06:58
- NZD/USD fell over a point to 11-month lows as the RBNZ struck a more dovish than anticipated tone and remained in favour of accommodative policy
- Asian equities were kept afloat by upside in energy names in the wake of yesterday’s DoE report
- Looking ahead, highlights include UK Industrial and Manufacturing Production, BoE policy announcement, ECB’s Constancio, Praet and Fed’s...
10 May 2017, 06:58
- Asian equities traded modestly higher, sspanugging off some of the North-Korean inspired geopolitical concerns seen late in the US session
- The USD-index pulled back from recent advances which provided some reprieve for its major counterparts and saw EUR/USD approach 1.0900
- Looking ahead, highlights include DoEs, RBNZ rate decision, ECB’s Draghi and Fed’s...
09 May 2017, 06:55
- Asian equities traded with little in the way of firm direction with macro newsflow particularly light overnight
- USD held onto yesterday’s gains as the USD-index remained above the 99.00 level while AUD underperformed amid downbeat domestic retail sales
- Looking ahead, highlights include US JOLTS, APIs, Fed’s Kaplan and Rosengren
08 May 2017, 06:54
- French Presidential Candidate Macron became the President Elect after he won the 2nd round run-off
- Asian equities traded mostly higher with outperformance in the Nikkei 225 as Japanese participants returned from holiday
- Looking ahead, highlights include potential comments from Fed’s Bullard and Mester
WEEK IN FOCUS: French Election To Set The Tone Early Doors, With Questions Surrounding Growing Dissent Within The BoE
05 May 2017, 19:47
05 May 2017, 06:55
- Asia equity markets traded negative amid commodity weakness in which oil continued its sell-off, while the looming US NFP data also added to the subdued tone
- The greenback’s attempts to nurse recent losses were futile, with the USD-index contained below the 99.00 level.
- Looking ahead, highlights include US Jobs Report, Fed’s Fischer, Williams, Evans, Yellen and...
04 May 2017, 06:58
- The Fed kept rates unchanged as expected while maintaining an overall upbeat view of the economy and labour market
- This subsequently provided support to the USD with USD/JPY moving closer to 113.00 and EUR/USD below 1.0900
- Looking ahead, highlights include Eurozone services PMIs, Norges Bank rate decision, US trade data, factory orders and a slew of ECB speakers
03 May 2017, 07:09
- Asian equities traded with little in the way of firm direction amid looming risk events and a slew of market closures overnight
- GBP has lost some ground heading into the EU open amid reports that UK PM May is said to have been barred from discussions on Brexit terms
- Looking ahead, highlights include the FOMC rate decision, ADP Employment Change and...
02 May 2017, 06:57
- Asian equities trade with little in the way of firm direction as markets return from holiday and digest softer than expected Chinese PMIs
- Support was seen for AUD after the RBA kept rates on hold as expected while being upbeat on the global economy
- Looking ahead, highlights...
28 Apr 2017, 19:11
28 Apr 2017, 07:22
- Asian equities traded mostly lower despite some strong US tech earnings after-market as political concerns and softness in commodities tempered gains
- FX markets were relatively quiet with USD/JPY subdued around 111.00 after a slew of mixed data releases
- Looking ahead, highlights include US and Canadian GDP, Chicago PMI, Uni. Of Michigan
27 Apr 2017, 06:54
26 Apr 2017, 06:57
- Asian equities followed their US counterparts amid a slew of strong corporate earnings
- AUD slipped in response to softer than expected inflation figures, despite moving to within the RBA target range for the first time since 2014.
- Looking ahead, highlights include US DoE Crude Inventories and Canadian Retail Sales.
25 Apr 2017, 14:27
- Positive momentum continues in Asia amid the French election relief rally, alongside optimism over tax cuts.
- Major pairs relatively rangebound, however CAD slips on news that US is to levy 20% import tax on Canadian lumber.
- Looking ahead, highlights include Richmond Fed, API Crude report and US New Home Sales.
24 Apr 2017, 06:57
- FRENCH PRESIDENTIAL...
21 Apr 2017, 17:25
Sunday 23rd April will see voters head to the polls for the first round of voting in the French Presidential election. The first round of voting will see 11 candidates looking to secure the minimum 50% of the total vote to secure the French Presidency. Should no individual candidate secure this then the race will go to a second round on Sunday May 7th which will see the two...
21 Apr 2017, 17:06
21 Apr 2017, 10:26
21 Apr 2017, 06:58
- Asian equities traded mostly higher in the final trading session of the week amid the positive healthcare reform-inspired gains on Wall Street
- FX markets traded quiet amid a lack of tier 1 data releases, which saw the USD-Index hold below 100.00
- Looking ahead, highlights include UK retail sales, Canadian CPI, US mfg PMI, Existing Home Sales, BoE’s Saunders and ECB’s...
20 Apr 2017, 06:55
- Asian equity markets traded mostly higher, albeit modestly so with the Nikkei 225 supported by strong export-based trade data
- NZD gained some ground against its major counterparts overnight amid encouraging domestic CPI figures
- Looking ahead, highlights include US weekly jobs, Philly Fed, Fed’s Powell, Rosengren and BoE’s Carney
19 Apr 2017, 06:55
- Asian equities traded lower amid the downbeat tone from Wall Street whereby lacklustre earnings dragged prices lower
- GBP took focus after the EU close yesterday with GBP/USD steamrolling tspanough stops to briefly break above 1.2900
- Looking ahead, highlights include Eurozone CPI, DoEs, Fed’s George, Rosengren and ECB’s Coeure
18 Apr 2017, 06:54
- Asian equity markets traded mostly lower despite the positive Wall Street lead with the ASX notably hampered by losses in gold and iron ore
- FX markets were relatively uneventful overnight with USD/JPY largely guided by fluctuating risk sentiment
- Looking ahead, highlights include US Building Permits and Housing Starts, Fed’s George and Rosengren