17 Dec: Fed leave rates on hold but remain dovish. Australian Unemployment ahead. BOE/SNB Meetings later in the session.

The US$ plumbed new  30 month lows ahead of the FOMC Meeting on Wednesday , not helped by a miss in the expectations of the November Retail Sales, although it…

Continue Reading 17 Dec: Fed leave rates on hold but remain dovish. Australian Unemployment ahead. BOE/SNB Meetings later in the session.

16 Dec: Upbeat mood – as hopes grow of a US stimulus package, possible Brexit breakthrough. Services PMIs, Fed Meeting in focus Wednesday.

Tuesday has seen a more positive bias, with the major US stock indices pushing around 1% higher as lawmakers appear to be closing in on an agreement on a new…

Continue Reading 16 Dec: Upbeat mood – as hopes grow of a US stimulus package, possible Brexit breakthrough. Services PMIs, Fed Meeting in focus Wednesday.

15 Dec: Markets rangebound; waiting on developments re. Vaccine, Covid lockdowns, Brexit etc. RBA Minutes, China data ahead.

The US$ remains rangebound, while stockmarkets, after an early jump on the news that the Pfizer Covid vaccine is being rolled out in the US, seem to have rather lost…

Continue Reading 15 Dec: Markets rangebound; waiting on developments re. Vaccine, Covid lockdowns, Brexit etc. RBA Minutes, China data ahead.

14 Dec: Stocks, US$ steady, awaiting progress on stimulus/vaccine headlines. Sterling in focus as Brexit talks go nowhere. Big week ahead; FOMC, BOE, SNB, BOJ Meetings in focus.

Currencies were mixed on Friday although the US$ managed to squeeze up from its early session lows by the end of the day, allowing the DXY to post gains of…

Continue Reading 14 Dec: Stocks, US$ steady, awaiting progress on stimulus/vaccine headlines. Sterling in focus as Brexit talks go nowhere. Big week ahead; FOMC, BOE, SNB, BOJ Meetings in focus.

10 Dec: Stocks, US$ reverse recent trend as mixed headlines over a stimulus package dent risk sentiment. ECB Meeting ahead. US CPI Later.

After having made yet new all-time highs early in the session, US stock indices have since reversed their fortunes and dropped by between 0.4% (S+P) and 2.0% (Nasdaq), while the…

Continue Reading 10 Dec: Stocks, US$ reverse recent trend as mixed headlines over a stimulus package dent risk sentiment. ECB Meeting ahead. US CPI Later.

8 Dec: Sterling gyrates on Brexit deadlock. Stocks mixed near highs. Thin calendar ahead. Focus on the EU Q3 GDP and the ZEW.

Most of the action was seen in the FX Markets on Monday although the stock markets have also seen plenty of interest, with the US indices trading to yet new…

Continue Reading 8 Dec: Sterling gyrates on Brexit deadlock. Stocks mixed near highs. Thin calendar ahead. Focus on the EU Q3 GDP and the ZEW.

7 Dec: Stocks up as traders wait on a stimulus package after mixed US jobs data. RBA’s Lowe speaking shortly. EU Sentix later.

Stocks continued their run to new highs into the weekend, while the US$ was steady, despite the US employment data showing mixed signals on Friday. While the headline unemployment rate…

Continue Reading 7 Dec: Stocks up as traders wait on a stimulus package after mixed US jobs data. RBA’s Lowe speaking shortly. EU Sentix later.

4 Dec: S+P, Nasdaq at yet new highs despite increasing covid cases. US$ selloff gathers pace. NFP today. Australian R/S coming up.

Stocks remain firm while the dollar selloff gathers pace ahead of Friday’s US official unemployment data. Both the S+P and the Nasdaq touched yet new all-time highs on Thursday as…

Continue Reading 4 Dec: S+P, Nasdaq at yet new highs despite increasing covid cases. US$ selloff gathers pace. NFP today. Australian R/S coming up.