Equity and currency markets firm while oil prices hold stable ahead of today’s US Stimulus deadline. The House speaker and The Treasury Secretary says they have narrowed the gap, but clarity is required by the end of today. CNY extends its gains testing fresh 27-month highs up 0.1%, alongside ...

Renewed US stimulus hopes, and strong Chinese data helps currency and equity markets strengthen. The House Speaker sets Tuesday as a deadline to reach a stimulus deal, but highlighted lack of agreement by then would mean no stimulus deal before the election. Chinese GDP grew Qtr vs Qtr, Industrial P...

The US$ is poised for its best weekly gain since September as US stimulus hopes fade and new coronavirus cases continue to surge. The US stimulus talks remain stalled as the Treasury Secretary continues to press for compromise and blames election positioning for the stimulus deadlock. Europe and UK ...

Equity and currency markets weaken as risk-off sentiment grows amid rising coronavirus cases and stalled US fiscal stimulus talks. The US Treasury Secretary said that a coronavirus aid deal is unlikely before the US election. Global coronavirus cases continue to surge, and Europe announces stricter ...

Risk-off sentiment re-emerges as vaccine trials stall, covid-19 cases continue to rise, and US stimulus hopes fade. Global coronavirus breach 38.5mio, and many countries reporting record daily new cases, the pausing of the vaccine trials by J&J, Eli Lilly & AstaZeneca has caused concerns for...

Strong Chinese Imports, stalled vaccine testing and pessimistic IEA report sees mixed market responses. China’s September imports surged at 13.2% its fastest pace in 2020, and with exports growing at 9.9% YoY. The strong signals out of China boosted commodity markets. Johnson &Johnson halts te...

Stimulus optimism continues to drive currency and equity markets. In what appears to be a reversal, the White House have opened the door to fresh negotiations with the Dems. The House speaker and The Treasury Secretary hove reignited stimulus discussions, but Reps appear reluctant believing that the...

Equity & Oil markets firm, while currency markets consolidate as US stimulus hopes builds. Stimulus hopes continue to simmer after the US Presidents tweet saying Congress should pass money for airlines, small business and stimulus cheques for individuals. The Federal Reserve minutes wants more s...

Currency markets rebound after the US President’s surprised markets yesterday halting the US stimulus relief talks until after the US election. The US$ initially strengthened on safe haven buying after the US Presidents tweet, but the US$ steadied in the overnight markets. The US$ index eased ...

Risk-on sentiment remains after the US President returned to the White House and talks continue for the US fiscal stimulus package. The US House Speaker and US Secretary of State will speak again today, and optimism is growing as they towards a deal on stimulus legislation. The US$ has stabilized, e...