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Sep 14, 17 •
2149 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on Dollar rises, euro and sterling fall, USA equities trade mainly sideways, gold slips, WTI rises
In a relatively quiet day, for medium to high economic calendar events published in the USA, Wednesday saw the USA monthly budget statement come in beating the forecast at -$107b for August, still significantly ahead of the -$42.9 recorded for July, but the...
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Sep 13, 17 •
2181 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on Sterling soars as UK’s inflation rises to 2.9%, U.S. equities reach record highs, safe haven assets lose appeal
The major currency talking point during Tuesday’s trading sessions, concerned the soaring rise of the UK’s pound, versus its peers. U.K. CPI inflation came in at 2.9% YoY for August, missing the forecast and increasing from the 2.6% recorded in...
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Sep 12, 17 •
2160 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on Risk on returns, U.S. equities enjoy a relief rally as Irmageddon is avoided and North Korean tensions reduce
Global equities enjoyed a relief rally on Monday with certain global indices reaching record highs. Hurricane Irma avoided Miami, whilst the potential catastrophic damage, which some mainstream media commentators were terming “Irmageddon”, failed to...
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Sep 11, 17 •
2957 Views •
Morning Roll Call •
Jovana Pribic
2 Comments
Measured versus a basket of its peers, the U.S. dollar closed out the week by plunging to its lowest level in approximately two years on Friday, whilst WTI oil collapsed by circa 3%. With hurricane Irma approaching and a huge earthquake hitting Mexico, which...
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Sep 8, 17 •
2139 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on Euro surges as Mario Draghi hints Q.E. may be tapered, U.S. equities fall in late trade, gold and silver rise sharply
There was a buildup of fevered speculation on Thursday, surrounding the ECB’s interest rate and asset purchase scheme announcement, with many analysts suggesting that Mario Draghi, the president of the ECB, would deliver a more hawkish message, by way...
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Sep 7, 17 •
2120 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on Canada’s central bank shocks FX markets with a surprise 0.25% interest rate rise, Loonie surges versus all peers
Over recent days (and weeks), the financial news narrative has been dominated by a combination of the tropical storm Harvey, the impending storms of Katia, Jose and Irma and the continuous geo political tensions between the USA administration and North Korea....
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Sep 6, 17 •
2083 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on U.S and European equities sell off sharply, WTI oil rises for third day, gold continues its recent gains, U.S. Dollar falls versus its main peers
As widely forecast, Australia’s central bank (the RBA), kept its main interest rate at 1.5%, however, AUD/USD broke to the upside, breaching R2, as the decision was made public. The Aussie made moderate gains versus several peers during Tuesday’s...
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Sep 5, 17 •
2418 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on Gold rises to eleven month high due to North Korea tensions, U.S. equities rise, whilst European indices sell off
In a relatively quiet day for economic calendar news, the geo political tensions in relation to North Korea, once again dominated the mainstream media’s commentary and as a consequence the investor narrative throughout Monday’s trading sessions....
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Sep 4, 17 •
2313 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on Markets await the full impact North Korea’s H bomb test has on investor confidence, yen surges as safe haven as FX markets open Sunday evening
Friday witnessed a shock NFP (Non Farm Payroll) result published by the BLS department in the USA; forecast at 180k jobs created in August, versus 189k in July, the actual number came in at 156k. Added to the spike in corporate job cuts – as evidenced...
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Sep 1, 17 •
2320 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on Canada’s GDP growth figure beats estimates, USA Challenger job cuts shock markets with a 19.4% rise month on month, gold and oil rise
China posted encouraging economic calendar data on Thursday morning; their manufacturing PMI came in at 51.7, marginally beating the forecast of a drop to 51.3, from the 51.4 reading posted for July. Whilst only moderately above the 50 figure, which divides...