Yesterday, solid US non-manufacturing ISM supported growing risk appetite alongside easing U.S. China trade tensions. Global bond markets are correcting, equity markets are higher and safe-haven currencies in USD, JPY and CHF are weaker...
Pivot (invalidation): 1.1050 Our preference Short positions below 1.1050 with targets at 1.1020 & 1.1005 in extension. Alternative scenario...
Forecasting Brexit has gone from hard to impossible. The fluid, politically charged situation means probability scenario changes with the news cycle. Time like this we would just like some popcorn to watch the action from the sidelines...
In our view, the media & market is circulating a false narrative regarding relationship between President Trump reelections prospect and US growth. The thinking goes that a weaker economy will lower Trumps changes for a second term...
Forecasting Brexit has gone from hard-to-impossible. The fluid, politically charged situation means scenarios changes with the news cycle. Times like this we would just like some popcorn to watch the action from the sidelines. It looks like the UK is heading for another useless extension...
As broadly expected the Reserve Bank of Australia left the Official Cash rate at record low 1% at its September meeting...
The US is closed today for Labor Day, following last Friday's cautious finish. The key headlines driving markets are that the US imposed a 15% tariff on $110bn of China imports on Sunday with another bunch of $160bn to be unleashed 15th December...
Financial markets appear willing to close this week’s session on a positive mark, as “positive” statement made by US President Donald Trump confirm that a series of phone calls to set up a September face-to-face meeting are occurring, a news that seems sufficient to convince most investors, despi...
Despite a clear improvement of the overall market sentiment over the last couple of days, the good mood failed to spread to all asset classes. Most equities extended gains on Friday morning amid positive news over trade war negotiations between China and the US...
From the US, key data for release, including the second estimate of Q2 GDP growth, jobless claims, and the July pending home sales and advance inventory data. Q2 second estimate of GDP unchanged at 2.1% vs. 2.0% consensus...
By Vincent Mivelaz Things have become a little more intense in the UK, as Queen Elizabeth II willingness to validate a prorogation of Parliament is surely not appreciated by a good part of UK citizens...
Asian stocks gained marginally yet trade worries have held down sentiment. News flow indicates that, Chinese officials disagreed with President Trump's version of restarting trade talks between Washington and Beijing...
Asset Definition An asset is a helpful useful resource with the monetary price that an individual, firm or nation owns or controls with the expectation that it will current a future revenue...
The yuan hit a new 11-and-a-half year low on Tuesday, testing 7.16 against the US dollar amid a worsening US-China trade backdrop...
The valuable monetary support provided by the Reserve Bank of India is not negligible: after reducing its Repurchase rate by a total of 0...
Unlike its peer currency, the Aussie, the Kiwi faces the direct consequence of a resumption of trade rhetoric, falling by over 0.50% while AUD appears more robust...
Minutes from the US Fed's latest rate-setting committee meeting at the end of July showed a split among central bank officials, and the tone was slightly more hawkish than market expected...
Financial markets continue to advance in opposing trends, with the stock market in the green while the greenback appears gaining traction ahead of the annual Jackson Hole Symposium and particularly Fed Chairman Powell speech, expected to take place at 1 p.m. GMT+2...
The recent recovery in British pound following UK PM Boris Johnson friendly meeting with German Chancellor Angela Merkel in Berlin on Wednesday is not expected to endure as upcoming meeting with French President Emmanuel Macron should break any glimmer of hope that the EU is willing to find commo...
