Articles

US President Trump's announcement on additional tariffs on new import products from China last Friday shocked the markets. All related asset classes fell significantly lower as risks amid China's retaliation increased. With the Nonfarm…

The economic docket for the week ahead is expected to remain somewhat slow. The RBA and the RBNZ will be holding their respective monetary policy meetings this week. As a result, focus shifts to the AUD and the NZD for the week ahead. Both…

Markets Wait For NFPs It’s been an interesting week for the USD which rallied strongly over the week, only to concede a large portion of its gains later in the week. USD rallied initially as the Fed cut rates by only the expected .25% and…

Gold The yellow metal was initially suffering a disappointing session this week. Gold racked up a second consecutive losing week as a resurgent US dollar held the price down. The USD rally in response to the FOMC was two-fold. Firstly,…

The equity markets were on a volatile ride on Thursday. A day after equities fell following the Fed rate cut, the markets recovered mid-day. This came following a weak patch of economic reports from the US. Markets rallied on hopes that the…

The much-awaited monthly payrolls data will be coming out today. Forecasts point to payrolls rising at a slower pace this month. Economists polled expect that nonfarm payrolls will rise 160k in July. This marks a slower pace of increase…

Overnight we will get the last bit of market-moving data ahead of the RBA interest rate decision next week. Since the central bank holding steady is not a foregone conclusion in this environment, traders will be looking closely to see how…

Dollar Drives Higher USD has continued to rally firmly over the European morning in response to the FOMC rate decision last night. As was widely expected, the Fed cut rates by .25%. However, bulls were left disappointed by the forward…

The Federal Reserve Bank cut interest rates for the first time in more than a decade. The Fed funds rates were lowered to 2.0%-2.25% on Wednesday. Fed Chair Jerome Powell cautioned that the rate cut was not the start of an easing bias, but…

The Institute of Supply Management will be releasing the closely watched leading indicator covering manufacturing activity. According to the economists polled, the median expectations point to a modest increase to 52.7 in July. This…