Category Archives for Economic News
Financial Markets Are Bewildered By US-China Trade Headlines
Market-wide confusion and bewilderment over the lengthy US-China trade debates have caused capital markets to cover their gains early for the last trading session of the week, and take profit early ahead of the weekend. Contradicting trade headlines regarding the roll-back of tariffs on Chinese goods are shaking global financial instruments into a state of […]
Continue readingRisk Assets Remain Bouyant Into Week’s Close
Financial markets are closing this week in a festive and buoyant manner as two of the most pressing geo-political issues that have weighed on assets over the past two years appear to be closer to a hopeful outcome and settlement. For today’s trading session, we saw a positive handover of yesterday’s risk sentiment, and […]
Continue readingUneasy Capital Markets For This Week’s Open
Global Capital Markets were unsettled during the early part of the trading session and ahead of the US Opening Bell, as investors remained reluctant to place any aggressive bets on risk assets, while ongoing concerns over Brexit and the US-China Trade War remain front & center for this week of trading. Many analysts are […]
Continue readingUS Advanced GDP Reading Underpins US Dollar
Today’s trading webinar began with most dollar-denominated assets lower for the day, but within a mode of brief consolidation & correction ahead of this morning’s US Advanced Q2 GDP data. For a good portion of the trading day, the greenback was the preferred currency to buy, and continued to show strength as a result of […]
Continue readingKiwi Took The Spotlight On RBNZ Forward Guidance
Today’s trading session continues to exhibit the same “risk-off” mood from earlier sessions, with global financial markets trading under slight pressure, on the back of a sustained bounce in global bond markets, as well as modifications in central bank’s monetary policy positions.. During the later half of today’s Asian Trading Session, we witnessed the antipodean […]
Continue readingDismal US Employment Figures Weigh On Risk Assets
During today’s webinar, we analyzed the market’s response to the US Labor Market Data and the technical unsturdiness these major economic indicators project on financial market valuations and central bank monetary policy. Prior to today’s webinar, financial markets were in a mode of recovery, despite the pending risks from February’s Labor Market data, or […]
Continue readingDollar-Denominated Pairs Remain Strong On Trade Optimism
With the absence of major, first-tier economic data, today’s market sentiment has been driven by Twitter feeds & International News headlines. Positive updates regarding the US China trade negotiations boosted investor sentiment for the first trading day of the week, with risk-oriented assets trading higher through Asia & Europe on increased appetite for yield. […]
Continue readingWestpac Surprised Aussie Bulls After Employment Report
During today’s Asian Session, we continued to see the effects that lower-than-normal liquidity can have on the mobility & sustainability of various asset classes. Whenever there is global economic uncertainty, investors become aware of the “riskiness” or risk sensitivity of certain financial instruments as nervousness over the lack of market clarity & definition of prevalent […]
Continue readingJanuary Consumer Prices Lift US Treasury Yields & Dollar
Data released by the United States Labor Department reported that US Consumer Prices in the month of January, came in flat for a third consecutive month, leading to the smallest yearly increase in inflation in nearly 1 1/2 years. Reports showed that the headline US CPI reading remained unchanged at 0.0% on a month-to-month basis, […]
Continue readingUS Dollar Slips Lower Into This Week’s Close
Financial Markets are moving into this week’s close, with risk oriented assets firming, and the US Dollar coming under broad selling pressure, due to a combination of technical & fundamental factors. From a technical perspective, the US dollar appeared slightly overbought & at the point of exhaustion, which supported pending softness as a market correction. […]
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