Monthly Archives: June 2020

Thursday June 4th, 2020

Global markets appeared to be taking a breather from their 3-day rally with equity and currencies starting the day weaker. The scale of the recent gains is seeing investors taking some profits, as markets take stock of current US tensions, the ECB and US Jobless claims. Chinese CNY weakened as tensi...
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Wednesday June 3rd, 2020

Equity, oil and currencies markets all continue to strengthen, finding support from upbeat PMI data and ongoing stimulus hopes fueling recovery optimism. Positive Chinese & European services PMI data released this morning boosted market confidence for risker assets. Protests continue across the ...
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Tuesday June 2nd, 2020

Despite ongoing Sino/US tensions, recovery optimism continues to dominate markets fueling a global “Risk On” sentiment. Equity markets continue to rally, oil and currency markets are opening stronger. Asian currencies are up about ½% vs US$ and trade related currencies such as AUD & CAD are...
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Monday June 1st, 2020

Markets were relieved on Friday that the US President made no reference to Sino/US Phase One trade agreement or suggestions of any new tariffs on China during his news conference. The US President focused on Hong Kong’s special status in response to China’s proposed security law in Hong Kong. Ma...
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