US$ safe haven holds steady as risk on sentiment stalls as investor confidence is shaken as retail trading volatility increases. The CBOE market volatility (VIX) had its biggest one-day drop yesterday since March 30th as retail-trade craze from GameStop and other “hot stocks”. House Speaker Pel...

US$ advance slows, oil prices hold steady while equity markets weaken as risk-off sentiment builds. The prospect of a smaller-delayed US stimulus bill alongside vaccine shortages is evaporating investor optimism for a quick global economic recovery. The shortfall in vaccines in now at centre stage f...

Oil prices up, US$ steady, European equity markets dip as US lawmakers focus on covid relief stimulus. President Biden is trying to head-off Republican concerns that his US$1.9T relief proposal as some lawmakers pushed for a smaller plan targeting vaccine distribution. Rep Mitt Romney said he would ...

Global equity markets rally while US$ safe haven weakens as risk-on sentiment prevails. Investor confidence is growing from US stimulus optimism and the expansion of vaccination strategies. Markets remain confident that President Biden will deliver on his US$1.9T pandemic relief stimulus. Globa...

The US$ holds steady after two days of weakness ahead of today’s inauguration. The US Treasury Secretary nominee Janet Yellen’s opening statement before the senate gave markets confidence and boosted risk-on sentiment. The key points Yellen raised were a need to act now with more stimulus but to...

The US$ holds steady as risk-off sentiment continues as tensions remain high ahead of the US President-elect Bidens inauguration on Wednesday. The US markets are closed today for Martin Luther King day. Goldman boosts US economic outlook projections from 6.4% to 6.6% and expect the unemployment rate...