A lull on the front of negative trade war headlines are giving markets a little pause. JPY extends decline for a third session, pushing USD/JPY back above the 110 level (USD/JPY: +0.37% year-to-date...
Despite rising frictions with Iran or an escalation of trade dispute with China, it seems that the kiwi is trading the opposite way. Although a risk-off sentiment dominates the marketplace, with safe-haven in demand, the New Zealand dollar remains in gain territory...
Worries over U.S economic sanctions on Huawei and spillover effect on trade negotiations. China has communicated to retaliate against Thursdays Trump moves forward with an executive order to ban Huawei equipment from U.S networks. Breakdown in US-China communication hurt Chinese indices...
The Australian dollar slid to the lowest since January 21st 2016 - if we discard the flash crash from January 2nd this year – amid disappointing job figures. The Australian dollar fell as low as 0.6893 against the greenback after the unemployment rate rose to 5...
After reaching its highest range in early May amid hopes of a swift arrangement between both leading parties Conservatives and Labor, it appears that the British pound loses sight...
Market participants are looking closely for signs of a recovery in economic growth in the euro area, as 1Q 2019 GDP figures are released this morning. Although considering yesterday release of ZEW sentiment indicator for May pointing to -1.6 (prior: 4...
Things have not taken the turn expected by investors. The rise of US trade duties on Chinese products pushed Chinese authorities to take a similar step and impose additional tariffs ranging from 5% to 25% on a total of $60 billion-worth US products such as natural gas, vegetables or cosmetics...
Investors almost forgot about crypto-currencies as the crypto-winter kept prices low. At the end of the month of March, Bitcoin price were stalling below the $4,000 threshold as the outlook for this emerging asset class remained clouded...
Global equities fell across on the board on Monday as investors await the details of US tariffs on $300 billion worth of Chinese imports. European shares followed Asia’s lead with the German DAX sliding 0.80% to a fresh monthly low...
WTI is now building a base above the $60 handle. Looking forward we anticipated that crude oil will continue to firm over the summer. Our expectation for tighter market conditions is based on demand from US summers driving season and low gasoline inventories...
Investors needed nerves of steel throughout the week as Donald Trump’s tweet sent financial markets up and down in rocky trading sessions. The VIX index, which is broadly viewed as a fear measure, spiked as high as 23.4 compared to 13 last Friday as global equities collapsed to multi-month lows...
Threat of a trade war escalation is increasing, and manufacturers would most certainly pay the price...
Equity futures erased yesterday gains after President Trump did toughen its language on China, saying that China “broke the deal” the two countries have been working on for months...
Following the Reserve Bank of New Zealand’s decision to cut the Official Cash Rate to record low 1.50%, the Kiwi tumbled to a fresh multi-month low during the Asian session with NZD/USD hitting 0.6527, down 1.18% on the day...
German manufacturing sector remains in recession territory since January 2019. The release of April manufacturing PMI of 44.4 is part of a downward trend that began last July and which is expected to last, as German factory orders signal a drop in industrial production for the coming quarter...
The Australian dollar stood amongst the best performers on Tuesday morning after investors have been wrong-footed by the Reserve Bank of Australia’s (RBA) monetary policy decision. Indeed, Governor Lowe acted contrary to the expectations by maintaining the Official Cash Rate at record low 1...
Resisting the steady increase in US oil inventories over the past two weeks, oil prices are losing momentum, as headlines about the year-long trade dispute between the United States and China has prompted investors to divest themselves of risky investments...
After months of waiting Donald Trump finally dropped a hint suggesting that Chinese negotiators have been dragging their feet in meeting US demands. On Saturday, the US president threatened to enforce higher tariffs as trade talks stall...
The Fed finally sounded less concerned than many market participants had thought initially. The buck has been surging against most peers while safe haven JPY and CHF also appreciated following the announcement...
