Market Commentaries

As the second/third largest manufacturer on the planet and arguably number one in terms of practical, high end manufacturing, Japan’s manufacturing and export data is often regarded as a measure, to gauge the overall health of the global economy. During Wednesday’s Asian trading session, the latest export and import data was published for the Japanese […]

Yen fell versus its major peers during the latter hours of the Asian session and the early part of the morning London trading session. The currency, often regarded as a safe haven, took a hit after the Bank of Japan Governor Mr. Kuroda issued a policy statement suggesting that the BOJ were ready and willing

The U.K. pound edged up during Monday’s trading sessions, at 21:45pm U.K. time GBP/USD was trading up 0.30%, hovering close to the first level of resistance and recovering from printing three weeks of consecutive losses. At 1.295 the major currency pair is threatening to reclaim the 1.300 handle and 200 DMA, a level not seen

China’s currency, the yuan, rose in the Asian session trading, as both the USA and Chinese negotiators announced that the trade and tariff discussions which took place in Beijing last week, would now continue in Washington. Investors and FX strategists took this as a positive sign that President Trump may also become involved, in order

In an act of pique, due to not receiving funding for the infamous Mexico-USA wall, Trump declared a state of national emergency on Thursday night. The practicalities, if the national emergency comes into force, are straightforward. His govt, his de facto executive, can then take control of national spending, in order to divert funds to

Germany’s latest GDP figure for Q4 came in at 0.00%, ahead of the -0.2% recorded for Q3. Two quarters (in series) of negative readings is regarded as a recession. Therefore, Germany’s economy could currently be described as stagnant, despite YoY growth coming in at 0.9%. The reasons for the recent contraction in the economy include: