16 Sept: Markets choppy but underpinned by hopes of an accommodative Fed at today’s FOMC Meeting. UK CPI, US R/S, B/I also due.

Stocks have closed mixed on Tuesday, with the DJI flat and the S+P up by 0.5%, while the Nasdaq headed higher, at the end of a choppy session, as tech…

Continue Reading 16 Sept: Markets choppy but underpinned by hopes of an accommodative Fed at today’s FOMC Meeting. UK CPI, US R/S, B/I also due.

15 Sept: Stocks firm, US$ heavy on mildly upbeat risk mood. RBA Minutes/China R/S coming up. UK jobs, EU ZEW + US secondary data later.

US stockmarkets rallied on Monday, underpinned by tech sector merger activity (Nvidia (+6%) bought Arm Holdings) and by some positive vaccine news, with AstraZeneca announcing that it has resumed its…

Continue Reading 15 Sept: Stocks firm, US$ heavy on mildly upbeat risk mood. RBA Minutes/China R/S coming up. UK jobs, EU ZEW + US secondary data later.

14 Sept: A choppy, sideways end to the week as traders turn their focus towards the FOMC on Wednesday. BOE, BOJ due on Thursday.

Markets ended the week with a generally choppy and sideways session on Friday, mostly ignoring the stronger than expected US CPI figures for August, with the real focus turning towards…

Continue Reading 14 Sept: A choppy, sideways end to the week as traders turn their focus towards the FOMC on Wednesday. BOE, BOJ due on Thursday.

11 Sept: Stocks down again; US$ firm. ECB on hold, and Sterling crisis grows as Brexit chaos looms. German/US CPI in focus, Friday.

It was a tale of two halves on Thursday, with early gains in the stock markets and the initial moves in the FX markets both being reversed, with the US$…

Continue Reading 11 Sept: Stocks down again; US$ firm. ECB on hold, and Sterling crisis grows as Brexit chaos looms. German/US CPI in focus, Friday.