Foreign Exchange Solutions

Wednesday December 7th, 2022

The US$ eases, oil prices lower, equity markets are down, while US yields are flat as China data increases recession fear. Equity markets and commodities came under selling pressure as Chinese trade data compounded fears about the health of the global economy. China’s exports & Imports shrank ...
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Tuesday December 6th, 2022

The US$ steadies, oil prices fall, equity markets are down, while US yields are mixed on the resilient US economy. The strong US economy and persistent inflation is offsetting optimism about a reopening in China, with economists suggesting the Fed will need to push interest rates to a higher peak th...
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Monday December 5th, 2022

The US$ is flat, oil prices strengthen, equity markets are mixed while US yields rise as markets balance China optimism vs Fed policy. Early optimism on moves by China to further ease covid restrictions faded as Fed rate policy comes back into focus after Fridays NFP spike. Chinese authorities eased...
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Friday December 2nd, 2022

The US$ weakens, oil prices ease, equity markets & US yields are mixed heading into key US jobs report. Currency, commodity, and equity markets consolidate heading into the key US Nonfarm payrolls report this morning. Economists estimate payrolls to rise 200k in November, cooling slightly from O...
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Thursday December 1st 2022

The US$ continues weaker, oil prices edge higher, equity markets rally while US yields ease amid improving risk sentiment. The US$ slipped to 3-month lows while equity markets rallied, buoyed by the Fed Chair Powell confirming that the pace of interest rate hikes was set to slow starting in December...
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Wednesday November 30th, 2022

The US$ eases, oil prices firm, equity markets are up, while US yields are mixed as investors await the Fed Chairs speech. Risk-on sentiment improves ahead of Fed Chairs Powell’s speech today where he is expected comment on the economy and the labor markets. Powell is expected to signal that the F...
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Tuesday November 29th, 2022

The US$ weakens, oil prices strengthens, equity markets are up while US yields fall as China protests ease. Market optimism cautiously improves as speculation mounted that unrest in Chinese cities over covid restrictions may force authorities to move faster in loosening covid curbs. Beijing today pl...
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Monday November 28th, 2022

The US$ weakens, oil prices tumble, while Equity markets and US yields fall as risk sentiment dampens. Equity markets & oil markets slump on covid unrest in China as protests raise global growth concerns and complicates expectations of the China’s path to reopening. China’s industrial pr...
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Friday November 25th, 2022

The US$ and oil prices strengthen, equity markets are mixed, while US yields rise as markets remain subdued amid thin volumes on Black Friday. Equity markets are mixed heading into Black Friday sales, with retail companies under pressure as the holiday shopping season kicks off amid concerns of slow...
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Thursday November 24th, 2022

The US$ eases, oil prices weaken, equity markets are up, while US yields slip after the Fed minutes. Risk sentiment improved after the Federal Reserve meeting minutes showed support for more moderate interest rate increases even as some underscored the need for a higher terminal rate. We anticipate ...
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