-
Dec 28, 17 •
3673 Views •
Morning Roll Call •
Zahir Shah
Comments Off on Gold surges, U.S. dollar sells off versus main peers in late trade, USD-JPY slumps as Japan’s inflation rises
As the FX markets reopened on Boxing Day, liquidity and consequently the trading in currencies was significantly reduced, as many institutional traders at major banks and funds remained out of the markets, or on holiday. Many currency pairs experienced...
-
Dec 22, 17 •
3661 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on Sterling trades flat despite latest U.K. govt. minister sacking, U.S. dollar rises as positive economic news leads to belief interest rates will rise aggressively in 2018
As short sellers of USA equities are heading for their worst annual performance since 2013, many investors and analysts will be asking the question; how much higher can equities rise in 2018, now the major reason for their stunning returns of 2017 is no...
-
Dec 21, 17 •
3364 Views •
Morning Roll Call •
Zahir Shah
Comments Off on Gold continues recent recovery, euro rises versus peers, key European equities sell off sharply, U.S. equities fall after tax cut programme gets the green light
Throughout 2017, the promise of Trump’s flagship tax cutting programme, has bolstered the value of equities, as investors have immediately translated the cut as substantial increased profits for major corporates, leading to increased shareholder rewards and...
-
Dec 20, 17 •
4696 Views •
Morning Roll Call •
Zahir Shah
Comments Off on U.S. equities slip, despite House of Representatives passing tax reforms, euro rises due to hawkish ECB comments, sterling under pressure, as U.K. govt discusses Brexit trade deal
The Trump flagship tax reform programme took a step closer to becoming law on Tuesday. Having passed a vote in the House of Representatives, the bill now passes to the Senate for final approval on Wednesday, before Trump gets the opportunity to sign off the...
-
Dec 19, 17 •
4317 Views •
Morning Roll Call •
admin
Comments Off on U.S. equity markets rally, as lawmakers plan to vote on the Trump tax plan in midweek, European markets also rally, whilst gold rises to highest level in a week.
Once again the main USA equity markets rallied on Monday to set new record highs. The dissent and disagreement amongst Republican politicians over the tax plan, appears to have been solved and the expectation is that a vote could now take place as early as...
-
Dec 18, 17 •
4331 Views •
Morning Roll Call •
Zahir Shah
Comments Off on U.S. equity markets reach record highs and dollar rallies as investors grow increasingly confident that corporate tax cuts will gain congress approval
Trump was inaugurated in January, having been successful in the USA’s election with the pitch to “make America great again”. It’s taken a year for his Republican Party to finally arrive at the stage were just one of his key election promises looks...
-
Dec 14, 17 •
3364 Views •
Morning Roll Call •
Zahir Shah
Comments Off on FOMC raise interest rate to 1.5%, DJIA rises, U.S. dollar slumps on Fed outlook, gold spikes to reach $1255 per ounce
As widely expected the FOMC raised the upper bound interest rate to 1.5%, the Fed’s committee also confirmed that it would begin to reduce it’s massive $4.5 trillion balance sheet, by $20b a month, beginning in February 2018. The FOMC also committed to...
-
Dec 12, 17 •
2406 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on Sterling slips as U.K. minister backtracks on Brexit deal, USA equites set another record high, U.S. dollar rises, as interest rate rise looks set to be announced on Wednesday
USA markets closed up on Monday with certain major indices setting record highs, investors entered the last two trading weeks before Xmas, whilst keeping their minds focused on the FOMC meeting, which is due to conclude on Wednesday. The overall consensus is...
-
Dec 11, 17 •
4530 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on Will the dollar follow up its best week of the year, by also rising this week, as the FOMC interest rate rise announcement appears imminent?
The current, dominant, political issues in the USA, were underpinned by encouraging fundamental news, sending the SPX and DJIA indices to record highs on Friday. The tax reform programme looks set to become law and the U.S. government avoided a scheduled...
-
Dec 8, 17 •
4151 Views •
Morning Roll Call •
Jovana Pribic
1 Comment
The U.K. pound rose sharply versus its peers during Thursday’s trading sessions, as optimism regarding the U.K. position on Brexit improved, with the European chief negotiator Michel Barnier suggesting that he’d extend the time before he has to report to...