Daily Market Analysis
19th Jun 2013

Focus On FOMC

Today the focus is on the FOMC meeting. It is not expected we will see any changes to interest rates or the current pace of asset purchases but we may see some feedback from Ben Bernanke on the issue of tapering.

Read More »

Daily Market Analysis
18th Jun 2013

Markets subdued; all eyes on Bernanke

A fairly quiet day today for the currency markets as we move into the week, with Fed chairman expected to discuss the possibility of ‘tapering’ the Fed’s bond purchases. This comes as the IMF has trimmed its growth forecast for the US down to 2.7% from 3% actually forecasted.

Read More »

Daily Market Analysis
14th Jun 2013

US retail sales increase

Retail sales in the US increased by more than expected in May. The figure was boosted by purchases of new cars helping the figure advance at its fastest rate in three months.

Read More »

Daily Market Analysis
13th Jun 2013

Stocks fall as Yen rallies

Japanese equities have plunged after the yen hit a 10-week high against the Greenback, prompting fears of a drop in exporters' profits.

Read More »

Daily Market Analysis
12th Jun 2013

The US Dollar continues to struggle as tapering fears persist

There was further turmoil in the market late in trade yesterday as there were hints, again, that the Federal Reserve in America may start to taper or reduce the amount of Mortgage Backed Securities they purchase a month.

Read More »

Daily Market Analysis
11th Jun 2013

S&P Upgrade US Outlook

Yesterday the credit ratings agency S&P upgraded its rating outlook from “negative” to “stable” for US sovereign debt, pointing to a decline in the deficit and a stabilisation in net debt. The move benefitted equities and pushed the US dollar higher against the Japanese Yen and commodity currencies.

Read More »

Daily Market Analysis
10th Jun 2013

Chinese exports drop as UK recovery gathers momentum

We start this week after a very volatile week for the currency markets. The US Dollar lost most of it gains after ADP job forecasts came out much lower than expected as well as poor manufacturing numbers earlier in the week.

Read More »

Daily Market Analysis
06th Jun 2013

Pound Pushes Higher

The pound has been the beneficiary of USD weakness in the markets yesterday and has managed to push higher against the USD and other major currencies including the Euro.

Read More »

Daily Market Analysis
05th Jun 2013

Some good news at last

Some good news at last for the UK economy as new data suggests a welcome improvement in both sentiment and performance. A growing majority of households are now feeling optimistic on the economy, according to the latest figures from YouGov, the third consecutive month that positive views have dwarfed negative ones.

Read More »

Daily Market Analysis
04th Jun 2013

Global growth forecasts hampered by weak manufacturing data

Markets have gone back into their usual mode, taking their cue from the US dollar. Amidst weak ISM manufacturing figures from the US, which came out at a figure of 49, markets are not expecting the likelihood of the Federal Reserve to cut back on the asset purchases anytime soon.

Read More »

More...

Tags

Powered by