USA equity markets reach another record high, whilst sterling falls, as UK wage data disappoints Wednesday’s equity markets surge in the USA wasn’t underpinned by what many cynical investors refer to as “hopium” (a mixture of hope and helium), the fact that inflation appears to be rising, as evidenced by the data published on Wednesday, […]
Investors’ optimism reaches 2011 highs, as Janet Yellen’s testimony propels USA markets to fresh record highs “Everything is awesome” is a sarcastic and ironic phrase that many renegade investors and analysts, use to describe the markets when they appear to be in an irrational state of hysteria. But as many seasoned investors are only too
Trump’s promise of “phenomenal tax cuts” propels USA equity markets to new highs, whilst the dollar and sterling both rise versus the euro As we noted last week there’s a new analysis paradigm currently at work in the equity and currency markets, it’s called the “Trump effect”. In USA election years it’s customary for markets
Inflation is the main focus on the economic calendar this week, as is the ECB’s statement and Janet Yellen’s testimony Inflation in: China, the U.K. and the USA. The job numbers in Australia. Janet Yellen’s semi annual testimony of 2017 and the ECB’s report, form the bulk of the economic calendar events that will dominate
German exports break records despite the monthly fall, Trump gets ready to meet Abe, currency traders should prepare Despite the latest data from Germany disappointing and missing forecasts, the largest economy in Europe still broke exporting records in 2016. The metrics released on Thursday were: monthly exports falling by -3.3%, balance of trade at 18.7b
Gold nears a three month high, RBNZ dampens hopes of a rate rises, dollar traders remain confused If anyone has noticed some strange movements in our FX markets over recent months, then you’re not alone. Many analysts and top trading firms’ traders are apparently struggling to cope with some of the wild gyrations witnessed in
DJIA rises to an intraday high on Tuesday, gold reaches a three month high, euro slips as sterling rises Turning negatives into positives is generally part of the unwritten remit of central bank presidents and governors; Draghi, Carney, Yellen, they all excel at it. Not to be left out, a member of the UK’s monetary
Australasian central banks take center stage, during a relatively quiet fundamental data week Whilst the debate regarding the relative inefficiencies and benefits of fundamental analysis versus technical analysis has raged in investment circles for decades, it’s unlikely that anyone within the analysis community would have added the words “presidential tweets” on the list of high impact news
Super Thursday proves to be not so super for sterling. Non farm payrolls expected to deliver 175k jobs The day was heralded as “Super Thursday” for the UK’s Bank of England. The day when the base rate decision, combined with any adjustment to the current asset purchase scheme, would be released. The BoE governor, Mark
The UK’s parliamentary debate helps to lift sterling, whilst the Fed maintains its cautious approach policy Sterling has enjoyed a bounce over the past two days, the debate in the UK’s House of Commons, concerning the eventual safeguards and conditions for Brexit, has offered up investors and traders some comfort that a policy (of sorts)
