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[PODCAST] EU Open Rundown 24th January 2019
Most Asian bourses eventually followed suit to the gains stateside where the DJIA led the majors higher US President Trump said talks are going well with China but added that tariffs could increase if no deal is reached Nearly 20 UK ministers have reportedly been conducting a secret meeting in
READ STORY[PODCAST] US Open Rundown 23rd January 2019
European equities nursed opening losses and moved into positive territory as risk sentiment improved DXY trades within a relatively tight range while GBP extends gains on hopes for an Article 50 extension Looking ahead, highlights include Canadian Retail Sales, EZ Consumer Confidence (fla
READ STORY[PREVIEW] Norges Bank policy announcement due Thursday 24th January 2019
<ul><li>Expectations unanimously are set on an unchanged rate of 0.75%, with focus set on the accompanying statement</li> <li>HSBC cite lower global rate expectations as one of the major stumbling points for the Norges Bank’s rate path</li> <li>ING do not believe that this will be enough to stop the March hike amid recovering oil prices and the prosperous local economy.</li> </ul>
READ STORY[PODCAST] EU Open Rundown 23rd January 2019
Asian equity markets were choppy as the region attempted to shrug off the headwinds from Wall St US reportedly turned down an offer by China for 2 vice-ministers to travel to the US for preparatory trade talks; later denied by Kudlow UK PM May is reportedly set to force ministers to keep a no
READ STORY[PODCAST] US Open Rundown 22nd January 2019
European equities are in the red [Euro Stoxx 50 -0.6%] as risk sentiment continues to deteriorate US-Sino tensions heighten as China vows to retaliate if Huawei Executive Meng is extradited Looking ahead, highlights include US Existing Homes Sales, New Zealand CPI Earnings: Capital One Fina
READ STORY[PODCAST] EU Open Rundown 22nd January 2019
Asian equity markets were negative as the region lacked impetus following the non-existent lead from the US UK Conservative Party lawmaker Rudd warned PM May she could face dozens of ministerial resignations next week if Tory MPs are banned from voting for a plan that helps stop a no-deal Brexit
READ STORY[PODCAST] EU Open Rundown 21st January 2019
Asian equity markets began the week higher as the region followed suit to the optimism seen last Friday amongst the US majors Overnight data releases saw Chinese Q4 GDP print in-line with expectations, whilst retail sales and IP exceeded forecasts US Trade Representative Lighthizer said US and
READ STORYWeek in Focus; week commencing 21 January 2019
<p>Mon: Germany Gfk Consumer Confidence, China GDP & Retail Sales</p> <p>Tue: UK Labour Report, US Existing Home Sales, NZ CPI, Hungary rate decision, US Existing Home Sales, Japan Trade Balance</p> <p>Wed: BoJ, Canadian Retail Sales, Australia PMIs, Eurozone Consumer Confidence</p> <p>Thu: ECB, Norges Bank, Australia Labour Report, Eurozone & US PMIs, Japan CPI</p> <p>Fri: US Durable Goods, New Home Sales</p>
READ STORY[PODCAST] US Open Rundown 18th January 2019
Major European equities are firmly in the green amidst positive trade updates [Euro Stoxx 50 +1.6%] with the IT and financial sector outperforming Table turns for the Pound after yesterday’s climb as Cable straddles just below 1.2950 Looking ahead, highlights include Canadian CPI, US ind
READ STORY[PODCAST] EU Open Rundown 18th January 2019
Asian equity markets traded higher across the board as the region took impetus from Wall St where the major indices were lifted on hopes of easing trade tensions FX markets were relatively quiet with the DXY flat around the 96.00 level as its major counterparts consolidated, while antipodeans fou
READ STORY[PODCAST] US Open Rundown 17th January 2019
European indices are mostly in the red, albeit off worst levels as risk sentiment soured following an indecisive Asia-Pac session Choppy DXY amid rising tensions between US and China regarding Huawei’s prosecution and chip sale ban Looking ahead, highlights include US Initial Jobless Cla
READ STORY[PODCAST] EU Open Rundown 17th January 2019
Asian equity markets were choppy throughout the session but eventually followed suit to the gains on Wall St UK PM May defeated the no confidence motion as expected via 325 to 306 votes and has continued to declare her intention to deliver Brexit Labour Party leader Corbyn has declared there w
READ STORY[PODCAST] US Open Rundown 16th January 2019
Major European equities are mixed after trimming opening gains [Euro Stoxx 50 Unch] with outperformance seen in the Italian benchmark DXY reclaimed the 96.000 handle while the Pound stabilises in the aftermath of May’s parliamentary defeat Looking ahead, highlights include US Import &
READ STORY[PODCAST] EU Open Rundown 16th January 2019
UK PM May’s Brexit deal was defeated by 230 votes (432 vs. 202) in Parliament UK Leader of the opposition Labour party Corbyn called for a vote of no confidence in the government UK Government ministers told business leaders that there is a backbench motion being prepared to delay Articl
READ STORY[PODCAST] US Open Rundown 15th January 2019
Major European indices are relatively flat [Euro Stoxx 50 +0.1%] as equity markets gave up initial gains post German FY GDP Choppy session for the Pound thus far as traders eye the long-awaited House of Commons meaningful vote scheduled for later today (full schedule available on the headline fee
READ STORY[PODCAST] EU Open Rundown 15th January 2019
Asian equity markets were mostly higher as sentiment in the region recovered from the recent China-triggered weakness UK PM May allies said that German Chancellor Merkel has offered PM May certain last-minute assistance, while reports also noted that PM May is considering a 2nd vote on Brexit dea
READ STORY[PODCAST] US Open Rundown 14th January 2019
Major European Indices are in the red [Euro Stoxx 50 -1.0%], with poor performance in luxury names as China exports/imports miss forecasts Chinese trade numbers weigh on the CNY, AUD, NZD while providing impetus to the JPY GBP/USD largely unreactive to the EU assurances letter as MPs seek lega
READ STORY[PODCAST] EU Open Rundown 14th January 2019
Asian equity markets began the week subdued following the indecisive close on Wall St, US Government Shutdown and disappointing Chinese trade data UK PM May is to say she believes parliament will more likely block Brexit than the UK leave without a deal UK Cabinet Ministers are reportedly expl
READ STORY[PODCAST] US Open Rundown 11th January 2019
Major European indices are mixed [Euro Stoxx 50 Unch], having pared back some of the initial gains from the open DXY on the backfoot further below 95.500 as the Fed signalled a more patient approach ahead of the US CPI release GBP spiked higher on reports of possible Brexit date, though these
READ STORY[PODCAST] EU Open Rundown 11th January 2019
Asian equity markets traded mostly higher following the 5th consecutive session of gains on Wall Street In FX markets, the DXY pared some of the prior day’s gains which has provided some reprieve for its major counterparts across the pond Fed Chair Powell repeated that the Fed has the ab
READ STORY[PODCAST] US Open Rundown 10th January 2019
Major European equities are in the red [Euro Stoxx 50 -0.4%] following on from the mixed performance seen in Asia on the lack of US-China trade clarity DXY is on a firmer footing above 95.250 ahead of a plethora of key Fed speakers Looking ahead, highlights include, US Initial Jobless Claims,
READ STORY[PODCAST] EU Open Rundown 10th January 2019
Asian stocks were mixed as the equity rally somewhat stalled overnight which momentarily saw all regional bourses in negative territory FOMC Minutes stated that many policy makers said the Fed could be patient about further tightening given muted inflation pressures UK Labour leader Corbyn is
READ STORY[PODCAST] US Open Rundown 9th January 2019
Major European indices are in the green [Euro Stoxx 50 +0.8%] as market sentiment remains fixated around the recently concluded US-China trade talks US-Sino trade talks are understood to have been positive and the two sides are to release a message at the same time Thursday morning Beijing time
READ STORY[PODCAST] EU Open Rundown 9th January 2019
Asian equity markets were higher across the board as sentiment remained underpinned by trade hopes after US-China discussions were extended into a 3rd day US President Trump is said to want a trade deal with China soon to boost markets, according to press reports UK Government was defeated in
READ STORY[PODCAST] EU Open Rundown 9th January 2019
Asian equity markets were higher across the board as sentiment remained underpinned by trade hopes after US-China discussions were extended into a 3rd day US President Trump is said to want a trade deal with China soon to boost markets, according to press reports UK Government was defeated in
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