• UK PM May plans go to Brussels early today to meet EU's Juncker and Tusk to finalize Irish border deal
  • Asia equity markets took the impetus from a positive tone in US where all indices finished higher and tech continued its rebound
  • Looking ahead, highlights include UK production numbers and the US jobs report


Asia equity markets took the impetus from...

  • Asia equity markets somewhat sspanugged off the subdued tone on Wall St and mostly rebounded from the prior day’s losses
  • EU's chief Brexit negotiator Barnier said UK has 48 hours to agree a text on potential deal over Irish border or else talks will not move on to the next phase
  • Looking ahead, highlights include US weekly jobs and potential comments from ECB’s...

      • Asia equity markets were lower as the region followed suit from Wall St, where the major indices finished mostly lower
      • AUD/USD was pressured and gave up the 0.7600 handle after Australian Q3 GDP figures disappointed
      • Looking ahead, highlights include RBI and BoC rate decisions, ADP Employment, DoE’s and ECB’s...

  • Asia equity markets were subdued following a similar close on Wall St where the S&P 500 and DJIA pulled back from intraday record levels
  • In FX, antipodeans stole the limelight in which NZD/USD briefly reclaimed 0.6900, AUD was underpinned by better than expected Retail Sales and an unsurprising RBA rate decision
  • Looking ahead, highlights include Eurozone, UK and US Services PMIs, US Trade, ISM Non-Mfg,...

  • Asia stock markets traded mixed and lacked the firm conviction seen across US equity futures which were buoyed after the Senate voted to pass the tax bill
  • Safe-haven JPY weakened on outflows after the US Senate passed the tax plan which saw USD/JPY advance to within a whisker of the 113.00 handle
  • Looking ahead, highlights include US durables revisions, factory orders and UK PM May meets with Juncker and...

Key Events: -


Monday: UK PM May To Meet EU’s Juncker & Barnier


Tuesday: UK Services PMI (Nov), RBA MonPol Decision                  ...


      • Asia equity markets were choppy as the region counterbalanced the momentum from the record highs on Wall St. with disappointing Chinese Caixin Manufacturing PMI data
      • WTI crude was stable overnight and mildly nursed some of the losses from the prior session, where prices were dampened by the OPEC announcement
      • ...

  • Asia stock markets were mostly negative as the tech-sell off on Wall St. dampened sentiment in the region and overshadowed better than expected Chinese PMI data
  • UK is reportedly close to a deal regarding Northern Ireland, with officials said to predict an agreement within weeks
  • Looking ahead, highlights include German jobs report, Eurozone CPI, personal income, Chicago PMI, ECB’s Mersch, Praet and Fed’s...

  • GBP/USD held firmly above the 1.3300 level following reports the UK and EU reached an agreement on the size of the Brexit divorce bill
  • The Senate Budget Committee approved the Republican tax reform plan which will now go to the Senate floor to be voted on
  • Looking ahead, highlights include regional and national German CPI, US GDP, DoE’s and a slew of central bank...

  • Asian stocks were downbeat on what was a choppy session amid a lack of drivers
  • FX trade very quiet amid a lack of data releases and after Fed speakers failed to spur a sustained impact on prices
  • Looking ahead, highlights include BoE Stress Test Results, US Wholesale Inventories, BoE’s Carney, Fed’s Dudley, Powell and Harker



  • Asian equities traded mostly lower despite Friday’s firmer close on Wall Street
  • In FX, commodity-linked currencies were mildly pressured as WTI crude pulled back from USD 59/bbl, which also coincided with the broad China-led weakness
  • Looking ahead, highlights include US New Home Sales


Asia stocks took a turn for the worse and failed to sustain the...

Key Events: - 




Tuesday: BoC Financial System Review




Thursday: OPEC/Non-OPEC Summit, US Core PCE (Oct)


Friday: Canadian GDP (Q3), Labour Market Report (Nov)


North America: -




  • Asian equities traded with little in the way of firm direction with the Shanghai Comp. unable to stage any major recovery from yesterday’s sell-off
  • FX trade mostly resumed the consolidation observed during the Thanksgiving US market closure
  • Looking ahead, highlights include German IFO, ECB’s Coeure and Constancio


Asia equity markets traded with an...

  • FOMC minutes stated that concerns about inflation were widely shared with little else in the way of new information
  • A mixed tone was observed in Asia with the region indecisive amid holiday-quietened trade, in which Japan observed a national holiday
  • Looking ahead, highlights include Eurozone PMIs, UK GDP, ECB’s Praet, Coeure and US Thanksgiving


  • Asia equity markets were higher across the board as the regional bourses received a lift from their US counterparts
  • Crude prices bolstered by the latest API report which showed a larger than expected drawdown and the largest draw in 3 months
  • Looking ahead, highlights include the UK budget, US durables, weekly jobs, DoEs, FOMC minutes and Baker...

  • UK Chancellor Hammond not expected to announce a wave of ‘give-aways’ due to future post-Brexit uncertainty
  • OBR expected to downgrade productivity and growth projections, upgrade inflation projections
  • Gilt issuance is anticipated to fall to GBP 113.4bln (as surveyed by Reuters) against the DMO’s April projection of GBP 114.2bln


At the previous...

  • Asian equity markets were higher across the board as the region took the impetus from the mostly positive close on Wall St
  • UK press reports suggest that Johnson and Gove now agree that Britain should increase its Brexit divorce bill offer above GBP 20bln
  • Looking ahead, highlights include US existing home sales, APIs, ECB’s Coeure and Fed’s...

  • Political uncertainty from subpoenas on Trump campaign staff and a breakdown in German coalition talks hampered sentiment overnight
  • EUR took the brunt of the political concerns in Germany with EUR/USD retreating further below 1.1800, while EUR/GBP gave up the 0.8900 handle
  • Looking ahead, highlights include potential comments from ECB’s Lautenschlaeger, Draghi and...

  • USD dips following WSJ reports suggesting that US Special Counsel Mueller has issued a Subpoena for Russia-related documents from Trump campaign officials.
  • Asian equities pulled back from better levels amid reports that North Korea conducts aggressive work on construction of a ballistic missile submarine.
  • Looking ahead,...

  • Reports suggest that UK Brexit Secretary Davis told business leaders that there is a 50-50 Chance of a deal in December
  • The AUD benefitted from a record NAB Business Conditions print in the latest survey which saw the currency pare some of its losses vs. the USD
  • Looking ahead, highlights include German GDP, UK inflation, US PPI, APIs and a slew of central bank...

  • Asian indices were mixed, with no fresh catalyst for a decisive move
  • GBP was the underperformer in the major space as source pieces suggested as many as 40 MP’s are pressuring UK PM May to resign
  • Today’s main highlight is potential comments from ECB’s Constancio


US index futures edged higher in early dealing this week, but lacked any real conviction....

Key Events: -




Tuesday: UK Inflation Data (Oct) Japanese GDP (Q2, P)         


Wednesday: US CPI (Oct) US Retail Sales (Oct) UK Labour Market Report (Sep/Oct) 


Thursday: UK Retail Sales (Oct) Australian Labour Market Report (Oct)                       ...


  • Asian equities are set to close out the week in the red with risk sentiment dented by US tax doubts
  • AUD slipped post the RBA’s SOMP (Statement On Monetary Policy), in which the central bank cut their inflation outlook
  • Looking ahead, highlights include UK production numbers, Uni. Of Michigan


Asian equities are set to close out the week in the red with...
9th November 2017

  • Risk on sentiment had been in full swing in Asia as stocks continued to edge higher at the beginning of the session, before later paring initial advances
  • NZD at better levels after the RBNZ monetary policy decision, where the central bank kept the OCR at 1.75% as expected
  • Looking ahead, highlights include US weekly jobs, ECB’s Coeure, Mersch, Lautenschlaeger...
+14 pips in the coffers for Don https://t.co/Vn0YtwzV3G