June 16, 2020
The Aussie dollar (AUD) and the US dollar (USD) is one of the most commonly traded pairs of currency in the world. When new figures at the start of June …
Continue reading “Aussie Dollar Continues to Rise Against US”
June 24, 2019
Remarks by Mr Lawrence Schembri, Deputy Governor of the Bank of Canada, to the Economics Society of Northern Alberta (ESNA), Edmonton, Alberta, 17 June 2019.
June 20, 2019
Asian indices finished higher today for second day in a row on dovish Central Banks across the globe. The Nikkei225 finished 0.60 percent higher to 21,462 the Hang Seng benchmark in Hong Kong, finished 0.98 percent higher at 28,476. The Shanghai Composite finished 2.26 percent higher to 2,983, while in Singapore the FTSE Straits Times index finished 0.77 percent higher to 3,313.
June 6, 2019
Fed rate cut hopes, easing tensions surrounding Sino-U.S. trade war on lack of major market impact headlines boost risk appetite in the market. ADP NFP data in focus now.
June 1, 2019
Trump tantrums affect market activity yet again with actions this time around likely to cause US markets to suffer sharp loss immediately. Recession fears likely to cap any prospect for gains in risk assets.
May 30, 2019
As trade war tensions escalate in the global market, investor’s fears for possibility of global economic recession takes centre stage resulting in bonds gaining momentum while equities and risk assets bleed red.
May 29, 2019
USD gains on risk aversion in the market. Trade war influence takes back bench despite Trump’s comments as investors focus on EU election results which hint at great struggle for upper hand in political power play in Europe in near future.
May 17, 2019
Trump’s decision towards imposing tariffs on allies continues to influence price action of major assets in the market. Traders await macro data for short term trading cues while geo-political events provide directional influence.
May 15, 2019
Despite caution on escalating trade war tensions between China and U.S. optimistic comments from China and US helped improve risk appetite influencing positive activity in European markets.
May 3, 2019
Dovish cues from US Wall Street and Asian markets amid holiday thin activity in Asian markets influenced bearish price action in European markets despite most major indices and equities opening positive today.
