Federal Reserve Chair Janet Yellen said Friday that women have made major strides in the workplace in the past 125 years, but she expressed concern about barriers that are still holding women back today...
Gold rose on Thursday as European and U.S. stock markets retreated, though it pared gains after data showing a tightening jobs market and accelerating inflation lifted the dollar and pulled U.S. bond yields from earlier lows...
U.S. President Donald Trump is weeks away from naming anyone to the board of the Federal Reserve, a White House official said, meaning it could be the fall before three currently empty seats are filled...
As widely expected by polls, Emmanuel Macron won the French Presidency with a clear advantage (65% over 35% for Marine Le Pen). Financial markets barely reacted and the single currency is still trading below $1.10. It is worth noting that the euro climbed anyway at 6-month high...
U.S. Federal Reserve Chair Janet Yellen said on Friday that barriers and challenges for women in the workplace, if not addressed, will hamper U.S. economic growth...
The euro hit its highest level in roughly six months against the U.S. dollar on Thursday as traders looked beyond the French elections to the potential for the European Central Bank to signal further reduction in bond-buying, while the greenback was steady against the yen. The euro jumped to $1...
There has been a massive confusion in the global market due pending interest rate hike decision by the FED. In the last week, the FED hike their interest rate on the basis of 25 points in the global market...
Equity markets were well behaved after the FOMC meeting closing slightly lower after pullback. The fact was there was nothing really ground breaking nor indication that rate path would be steep enough to derail current risk rally...
The FOMC meeting is clearly the key FX event of the day. The market is not pricing a rate hike, the likelihood of which is estimated at below 15%. Markets already feel more confident for a rate hike at the next meeting in June and today’s meeting is unlikely to change anything...
After the ECB last week, we have a very loaded week in terms of Central Banks. The Fed, RBA, Norges Bank will decide about their rates. Investors are now expecting the Fed to show some hints regarding its tightening path. For the time being, US financial markets are clearly driven by Trump...
The market continues to make speculative negative bets on the eventual effect of Brexit on the UK economy. We remain optimistic based on Europe and UK mutual beneficial relationships that the end-result will be significantly less severs then a “hard” Brexit...
Alan Greenspan has recently stated that gold is a good place to put money these days given its value as a currency outside of the policies conducted by governments and central banks...
The first 100 days of the Trump administration has been a particularly exciting time for financial markets, primarily because many of Wall Street’s assumptions about how markets would react to the Republican’s purportedly pro-growth policies were way off base...
The euphoria that surrounded President Trump's tax plan announcement did not last long as, surprisingly, he failed to provide concrete policy details. After starting the day on the front foot, the US stock market reversed gains and pushed most indices into negative territory...
We are heading towards a structural shift that will profoundly change drivers in the FX market. However, we remain six months away from that reflection point...
The Australian dollar tumbled another 0.50% this morning amid disappointing first quarter inflation data. This report was the straw that broke the camel’s back as investors have been betting heavily on a pick-up in inflation that would have forced the RBA to revise its dovish stance...
The most interesting result of the French election vote was the collapse of volatility indicators globally. The VIX index declined -19% from 15.30 while EURUSD one-month implied volatility fell to 8.20 from 13.45. The JP Morgan G7 volatility index fell to 8...
On Tuesday, financial markets continued to digest the result of the first round of the French election but the focus is slowly shifting towards the US as Trump announced he will unveil his “phenomenal” tax reform and put it protectionist trade policy back on the drawing board...
US President Donald Trump had been talking about placing tariffs on Canadian timber and dairy forever; however no announcement (if any) was expected until next week. But overnight Trump unexpectedly imposed a tariff of up to 24% on Canadian wood exports...
