The US$ is up, crude extends its rally, equity markets strengthen, and US yields are firm as risk-on sentiment returns. Risk sentiment returns after the South African health official over the weekend commented that Omicron cases had only shown mild symptoms and China pledges to provide support measu...

The US$ is steady, oil extends gains, equity markets & US yields firm as markets turn cautiously optimistic. A quiet start to the week with no Fed speakers this week, no significant economic releases until mid-week, while encouraging reports suggesting that the Omicron severity may be limited an...

The US$ is flat, oil prices rally, equity markets and US yields are mixed heading into payrolls Friday. Markets are focused on the US Nonfarm payrolls which is expected to rise by more than 500k for a second straight month in November. If the NFP is at or above 550k the US$ should preserve its [&hel...

The US$ dips, oil prices firm, equity markets weaken, while US yields firm as focus shifts to Friday’s US jobs report. Currency markets consolidated after the Fed Chair repeated his remarks on the Fed’s policy outlook on the 2nd day of his testimony as markets shift their focus to Friday’s key...

The US$ is flat, oil prices rally +4%, equity markets and US yields are up following the Fed chairs comments. On Tuesday the Fed chair Powell struck a hawkish tone while acknowledging the risk of the Omicron variant and signals support for quicker ‘taper’ of the bond-buying scheme paving the way...

The US$ weakens, oil prices fall, equity markets and US yields are down after Moderna’s CEO said the current covid vaccines are unlikely to be as effective against the Omicron variant. Focus today will be on Fed Chair Powell and Treasury Secretary Yellen as they testify before the Senate Banking c...

The US$ firms, oil prices rally, equity markets & US yields strengthen as markets reverse some of Friday’s volatile moves. Markets calmed in overseas trading with equity markets firming, oil rallying over 4%, while currencies markets remain mixed as investors take a more balanced view, waiting...